Funding you earn now, next payment 05:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h −0.023%
Price spread now: Kraken Futures against Bybit−0.072%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$375as in the Price arb table
costs, in and out, $10k−$3713.710% of the position
Funding, last 7 days−1.316%−$132 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now −0.072%, 7d avg −0.033%
=Funding pays, the price is against you. Kraken Futures is 0.038% cheaper against Bybit than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.033%). If the spread goes back, that is −$4 on $10k: about 23 hours of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −1.316%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.04714 | 0.0100 | pay 0.0050% / 4h | 3h 53m | $3.5M | $11.8M | 25x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04711 | 0.0231 | get 0.0029% / 1h | 53m 38s | $58K | $450K | 10x |
Bybit MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDFunding 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
- $27.48
- Price spread: −0.072% → −0.033%
- −$3.81
- Slippage, 4 orders
- −$349.96
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$347.29
- Costs to cover
- 3.710%
- Break-even
- 95.5 days
Slippage from Bybit: live order book, 5 min ago; Kraken Futures: live order book, 64 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, 5 min ago | 6.86 bp | 55.4 bp −$55 | 188.2 bp −$1,882 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 64 min ago | 47.95 bp | 57.7 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MUBARAKUSDTlong | +0.0100% | 4h | 0.04714 | long leg | $3.5M | $11.8M | 25x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04712 | −0.051% | $2.9M | $61.0M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04733 | +0.391% | $12K | $57K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0174% | 4h | 0.04721 | +0.138% | $951K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0175% | 4h | 0.04715 | +0.013% | $18.0M | $97.3M | 25x | as long as short |
| Kraken Futures PF_MUBARAKUSDshort | +0.0231% | 1h | 0.04711 | −0.072% | $58K | $450K | 10x | |
| KuCoin MUBARAKUSDTM | +0.0436% | 4h | 0.04725 | +0.223% | $1.7M | $1.2M | 30x | as long as short |
| BingX MUBARAK-USDT | +0.0438% | 4h | 0.04716 | +0.032% | — | $3.2M | — | as long as short |
| Aster MUBARAKUSDT | +0.0464% | 4h | 0.04726 | +0.246% | $11K | $483K | 5x | as long as short |
| Bitget MUBARAKUSDT | +0.0466% | 4h | 0.04724 | +0.202% | $3.0M | $7.8M | 25x | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDT
Aster MUBARAKUSDT
Bitget MUBARAKUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.0724% | 4h | 0.04730 | +0.329% | $7.5M | $5.5M | 50x | as long as short |
Gate MUBARAK_USDT