Settings8H · net · $10k
Funding arb · Price arb /

OGN

all OGN markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0631%/8h= +69.1% APRpaid last 24h −0.310%
Price spread now: Kraken Futures against Bybit+0.153%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.153% dearer against Bybit 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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit OGNUSDT0.019880.0100pay 0.0100% / 8h4h 25m$461K$89K25x
ShortKraken Futures PF_OGNUSD0.019910.0731get 0.0091% / 1h25m 45s$39K$4K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$132.48
Price spread: +0.153% → 0.000%
$15.35
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
$126.82
Costs to cover
0.210%
Break-even
0.3 days
Slippage unknown: Bybit: live order book, 24 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 24 min ago9.10 bp266.7 bp −$267doesn't fitdoesn't fitdoesn'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.

OGN on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster OGNUSDT+0.0100%4h0.01985−0.146%$6K$5865xas long as short
Binance OGNUSDT+0.0100%4h0.01987−0.030%$1.3M$990K25xas long as short
Bybit OGNUSDTlong+0.0100%8h0.01988long leg$461K$89K25x
Gate OGN_USDT+0.0100%4h0.01983−0.231%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01986−0.080%$364K$143K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01982−0.282%$315K$19K25xas long as short
Bitget OGNUSDT+0.0100%4h0.01985−0.131%$547K$94K25xas long as short
Kraken Futures PF_OGNUSDshort+0.0731%1h0.01991+0.153%$39K$4K10x