Funding you earn now, next payment 05:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h −0.003%
Price spread now: Bybit against Kraken Futures+0.152%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.152% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LQTYUSD | 0.2338 | −0.0072 | get 0.0009% / 1h | 1m 58s | $5K | $8K | 10x |
| Short | Bybit LQTYUSDT | 0.2342 | 0.0100 | get 0.0100% / 8h | 3h 01m | $336K | $192K | 20x |
Kraken Futures PF_LQTYUSD
Bybit LQTYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Kraken Futures. 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
- $36.05
- Price spread: +0.152% → 0.000%
- $15.15
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $30.2
- Costs to cover
- 0.210%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 42 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 42 min ago | 4.24 bp | 73.5 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
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.
LQTY on 10 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_LQTYUSDlong | −0.0072% | 1h | 0.2338 | long leg | $5K | $8K | 10x | |
| Binance LQTYUSDT | +0.0100% | 8h | 0.2339 | +0.023% | $1.3M | $1.8M | 50x | as long as short |
| Bybit LQTYUSDTshort | +0.0100% | 8h | 0.2342 | +0.152% | $336K | $192K | 20x | |
| OKX LQTY-USDT-SWAP | +0.0100% | 8h | 0.2339 | +0.023% | $225K | $423K | 10x | as long as short |
| Gate LQTY_USDT | +0.0100% | 8h | 0.2346 | +0.323% | $76K | $49K | 50x | as long as short |
| MEXC LQTY_USDT | +0.0100% | 8h | 0.2339 | +0.023% | $285K | $152K | 200x | as long as short |
| KuCoin LQTYUSDTM | +0.0100% | 8h | 0.2345 | +0.280% | $201K | $43K | 30x | as long as short |
| Bitget LQTYUSDT | +0.0100% | 8h | 0.2340 | +0.066% | $135K | $115K | 50x | as long as short |
| BingX LQTY-USDT | +0.0100% | 8h | 0.2338 | −0.020% | — | $1.4M | — | as long as short |
| Variational Omni LQTY | +0.0100% | 8h | 0.2351 | +0.540% | $29K | $17K | — | as long as short |
Binance LQTYUSDT
OKX LQTY-USDT-SWAP
Gate LQTY_USDT
MEXC LQTY_USDT
KuCoin LQTYUSDTM
Bitget LQTYUSDT
BingX LQTY-USDT
Variational Omni LQTY