Funding you earn now, next payment 06:00 UTC−0.3406%/8h= −372.9% APRnext payment −$4.26 per $10,000 · paid last 24h −0.005%
Price spread now: Kraken Futures against Bybit−0.067%7-day average −0.639% · you buy dearer than you sell
Net, funding: paid 7d − costs+$425as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1481.478% of the position
Funding, last 7 days+5.728%+$573 on $10k
+Price spread, last 4 days (all we have)−1.876%−$188 · spread now −0.067%, 7d avg −0.639%
=The price spread pays, funding is against you. Kraken Futures is 0.572% dearer against Bybit than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.639%): +$57 on $10k if it goes back. Holding the pair costs −$102 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +5.728%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit LSKUSDT | 0.3377 | 0.0100 | pay 0.0013% / 1h | 16m 36s | $9.1M | $20.5M | 25x |
| Short | Kraken Futures PF_LSKUSD | 0.3375 | −0.3306 | pay 0.0413% / 1h | 16m 36s | $100K | $358K | 10x |
Bybit LSKUSDT
Kraken Futures PF_LSKUSDFunding 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
- −$715.23
- Price spread: −0.067% → −0.639%
- $57.24
- Slippage, 4 orders
- −$126.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$805.78
- Costs to cover
- 1.478%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Kraken Futures: live order book, 31 min ago.
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, 2 min ago | 0.15 bp | 18.8 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 31 min ago | 17.79 bp | 66.1 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
LSK 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX LSK-USDT | −0.3935% | 1h | 0.3367 | −0.305% | $40K | $315K | 20x | as long as short |
| MEXC LSK_USDT | −0.3656% | 1h | 0.3367 | −0.281% | $8.3M | $2.5M | 20x | as long as short |
| Binance LSKUSDT | −0.3639% | 1h | 0.3368 | −0.272% | $14.4M | $99.9M | 50x | as long as short |
| Kraken Futures PF_LSKUSDshort | −0.3306% | 1h | 0.3375 | −0.067% | $100K | $358K | 10x | |
| Gate LSK_USDT | −0.3032% | 1h | 0.3372 | −0.148% | $1.4M | $2.7M | 20x | as long as short |
| Aster LSKUSDT | −0.2957% | 1h | 0.3370 | −0.210% | $60K | $178K | 5x | as long as short |
| Bitget LSKUSDT | −0.0760% | 1h | 0.3367 | −0.296% | $2.5M | $10.0M | 50x | as long as short |
| Variational Omni LSK | −0.0260% | 1h | 0.3372 | −0.143% | $26K | $186K | — | as long as short |
| BingX LSK-USDT | −0.0240% | 1h | 0.3371 | −0.184% | — | $2.8M | — | as long as short |
| Bybit LSKUSDTlong | +0.0100% | 1h | 0.3377 | long leg | $9.1M | $20.5M | 25x |
HTX LSK-USDT
MEXC LSK_USDT
Binance LSKUSDT
Gate LSK_USDT
Aster LSKUSDT
Bitget LSKUSDT
Variational Omni LSK
BingX LSK-USDT