Funding you earn now, next payment 12:00 UTC+0.1129%/8h= +123.6% APRpaid last 24h +0.223%
Price spread now: Kraken Futures against Bybit+0.042%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 +$34 a day on $10k at the current rate, and Kraken Futures is 0.042% dearer against Bybit than usual: you sell high and buy low: +$4 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 | Bybit LUNA2USDT | 0.05292 | 0.0100 | pay 0.0100% / 8h | 4h 50m | $1.0M | $1.2M | 50x |
| Short | Kraken Futures PF_LUNA2USD | 0.05294 | 0.1229 | get 0.0154% / 1h | 50m 44s | $13K | $6K | 10x |
Bybit LUNA2USDT
Kraken Futures PF_LUNA2USDFunding 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
- $237.14
- Price spread: +0.042% → 0.000%
- $4.21
- 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
- $220.35
- Costs to cover
- 0.210%
- Break-even
- 0.5 days
Slippage unknown: Bybit: live order book, 3 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, 3 min ago | 0.94 bp | 23.6 bp −$24 | 98.2 bp −$982 | 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.
LUNA2 on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin LUNA2-USDT | +0.0060% | 4h | 0.05297 | +0.094% | $275K | $24K | 50x | as long as short |
| Aster LUNA2USDT | +0.0100% | 4h | 0.05294 | +0.037% | $11K | $54K | 5x | as long as short |
| Binance LUNA2USDT | +0.0100% | 4h | 0.05293 | +0.012% | $2.8M | $10.7M | 50x | as long as short |
| Bybit LUNA2USDTlong | +0.0100% | 8h | 0.05292 | long leg | $1.0M | $1.2M | 50x | |
| Variational Omni LUNA2 | +0.0100% | 8h | 0.05322 | +0.559% | $17K | $143 | — | as long as short |
| Kraken Futures PF_LUNA2USDshort | +0.1229% | 1h | 0.05294 | +0.042% | $13K | $6K | 10x |
BloFin LUNA2-USDT
Aster LUNA2USDT
Binance LUNA2USDT
Variational Omni LUNA2