Funding you earn now, next payment 01:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h +0.401%
Price spread now: Bybit against Kraken Futures−0.115%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Bybit is 0.115% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 2.7 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_OGNUSD | 0.01994 | −0.0042 | get 0.0005% / 1h | 39m 17s | $39K | $4K | 10x |
| Short | Bybit OGNUSDT | 0.01992 | 0.0100 | get 0.0100% / 8h | 7h 39m | $463K | $82K | 25x |
Funding 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
- $29.86
- Price spread: −0.115% → 0.000%
- −$11.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$2.62
- Costs to cover
- 0.210%
- Break-even
- 7.6 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 25 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 25 min ago | 3.26 bp | 53.0 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_OGNUSDlong | −0.0042% | 1h | 0.01994 | long leg | $39K | $4K | 10x | |
| Aster OGNUSDT | +0.0100% | 4h | 0.01996 | +0.072% | $6K | $586 | 5x | as long as short |
| Binance OGNUSDT | +0.0100% | 4h | 0.01992 | −0.125% | $1.3M | $950K | 25x | as long as short |
| Bybit OGNUSDTshort | +0.0100% | 8h | 0.01992 | −0.115% | $463K | $82K | 25x | |
| Gate OGN_USDT | +0.0100% | 4h | 0.01994 | −0.025% | $26K | $5K | 20x | as long as short |
| MEXC OGN_USDT | +0.0100% | 4h | 0.01994 | −0.025% | $367K | $146K | 50x | as long as short |
| KuCoin OGNUSDTM | +0.0100% | 4h | 0.01994 | −0.025% | $322K | $21K | 25x | as long as short |
| Bitget OGNUSDT | +0.0100% | 4h | 0.01997 | +0.126% | $549K | $100K | 25x | as long as short |
Kraken Futures PF_OGNUSD
Bybit OGNUSDT
Aster OGNUSDT
Binance OGNUSDT
Gate OGN_USDT
MEXC OGN_USDT
KuCoin OGNUSDTM
Bitget OGNUSDT