Funding you earn now, next payment 06:00 UTC+0.1737%/8h= +190.2% APRpaid last 24h +0.023%
Price spread now: Bybit against Kraken Futures+0.185%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3453.449% of the position
Funding, last 7 days+1.316%+$132 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.185%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$52 a day on $10k at the current rate, and Bybit is 0.146% dearer against Kraken Futures than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05541 | −0.0832 | get 0.0104% / 1h | 55m 05s | $69K | $520K | 10x |
| Short | Bybit MUBARAKUSDT | 0.05551 | 0.0905 | get 0.0453% / 4h | 2h 55m | $5.3M | $15.9M | 25x |
Kraken Futures PF_MUBARAKUSD
Bybit MUBARAKUSDTFunding 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
- $364.82
- Price spread: +0.185% → +0.039%
- $14.6
- Slippage, 4 orders
- −$323.93
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $34.49
- Costs to cover
- 3.449%
- Break-even
- 6.3 days
Slippage from Kraken Futures: live order book, 58 min ago; Bybit: live order book, 3 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 Kraken Futures live order book, 58 min ago | 78.63 bp | 115.2 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 6.75 bp | 44.8 bp −$45 | 368.8 bp −$3,688 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MUBARAKUSDlong | −0.0832% | 1h | 0.05541 | long leg | $69K | $520K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05550 | +0.161% | $4.2M | $84.4M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05537 | −0.072% | $14K | $60K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0382% | 4h | 0.05547 | +0.116% | $1.3M | $1.8M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0392% | 4h | 0.05547 | +0.118% | $23.6M | $127.7M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0534% | 4h | 0.05548 | +0.134% | $3.8M | $10.5M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0582% | 4h | 0.05560 | +0.351% | $2.3M | $1.5M | 30x | as long as short |
| Aster MUBARAKUSDT | +0.0636% | 4h | 0.05554 | +0.248% | $17K | $611K | 5x | as long as short |
| Bybit MUBARAKUSDTshort | +0.0905% | 4h | 0.05551 | +0.185% | $5.3M | $15.9M | 25x | |
| BingX MUBARAK-USDT | +0.1024% | 4h | 0.05552 | +0.206% | — | $3.5M | — | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
KuCoin MUBARAKUSDTM
Aster MUBARAKUSDT
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2902% | 4h | 0.05571 | +0.549% | $9.7M | $7.3M | 50x | as long as short |
Gate MUBARAK_USDT