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

OGN

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Alert: funding
Alert: spread
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
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
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_OGNUSD0.01994−0.0042get 0.0005% / 1h39m 17s$39K$4K10x
ShortBybit OGNUSDT0.019920.0100get 0.0100% / 8h7h 39m$463K$82K25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Bybit live order book, 25 min ago3.26 bp53.0 bp −$53doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_OGNUSDlong−0.0042%1h0.01994long leg$39K$4K10x
Aster OGNUSDT+0.0100%4h0.01996+0.072%$6K$5865xas long as short
Binance OGNUSDT+0.0100%4h0.01992−0.125%$1.3M$950K25xas long as short
Bybit OGNUSDTshort+0.0100%8h0.01992−0.115%$463K$82K25x
Gate OGN_USDT+0.0100%4h0.01994−0.025%$26K$5K20xas long as short
MEXC OGN_USDT+0.0100%4h0.01994−0.025%$367K$146K50xas long as short
KuCoin OGNUSDTM+0.0100%4h0.01994−0.025%$322K$21K25xas long as short
Bitget OGNUSDT+0.0100%4h0.01997+0.126%$549K$100K25xas long as short