Funding you earn now, next payment 05:00 UTC−0.0248%/8h= −27.2% APRpaid last 24h +0.417%
Price spread now: Kraken Futures against Bybit+0.102%55s7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.102%, 7d avg +0.116%
=The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.196%, so the current rate has only just turned against you. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LPTUSDT | 1.7188 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $1.7M | $1.7M | 25x |
| Short | Kraken Futures PF_LPTUSD | 1.7206 | −0.0148 | pay 0.0019% / 1h | 30m 26s | $45K | $81K | 25x |
Bybit LPTUSDT
Kraken Futures PF_LPTUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$52.09
- Price spread: +0.102% → +0.116%
- −$1.35
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$74.44
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Kraken Futures: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 2.03 bp | 62.8 bp −$63 | 200.7 bp −$2,007 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LPT on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_LPTUSDshort | −0.0148% | 1h | 1.7206 | +0.102% | $45K | $81K | 25x | |
| BloFin LPT-USDT | +0.0042% | 4h | 1.7150 | −0.221% | $195K | $31K | 50x | as long as short |
| Aster LPTUSDT | +0.0100% | 4h | 1.7180 | −0.047% | $1K | $18K | 5x | as long as short |
| Binance LPTUSDT | +0.0100% | 4h | 1.7179 | −0.055% | $3.5M | $9.5M | 50x | as long as short |
| Bybit LPTUSDTlong | +0.0100% | 4h | 1.7188 | long leg | $1.7M | $1.7M | 25x | |
| OKX LPT-USDT-SWAP | +0.0100% | 4h | 1.7170 | −0.105% | $1.4M | $2.8M | 20x | as long as short |
| Gate LPT_USDT | +0.0100% | 8h | 1.7170 | −0.105% | $232K | $840K | 50x | as long as short |
| MEXC LPT_USDT | +0.0100% | 4h | 1.7170 | −0.105% | $1.9M | $882K | 50x | as long as short |
| KuCoin LPTUSDTM | +0.0100% | 4h | 1.7160 | −0.163% | $317K | $158K | 50x | as long as short |
| Bitget LPTUSDT | +0.0100% | 4h | 1.7170 | −0.105% | $1.3M | $643K | 50x | as long as short |
BloFin LPT-USDT
Aster LPTUSDT
Binance LPTUSDT
OKX LPT-USDT-SWAP
Gate LPT_USDT
MEXC LPT_USDT
KuCoin LPTUSDTM
Bitget LPTUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX LPT-USDT | +0.0100% | 4h | 1.7190 | +0.012% | — | $2.5M | — | as long as short |
| Variational Omni LPT | +0.0100% | 4h | 1.7202 | +0.081% | $6K | $3K | — | as long as short |
BingX LPT-USDT
Variational Omni LPT