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

POWR

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h −0.372%
Price spread now: Kraken Futures against Bybit+0.224%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 +$6 a day on $10k at the current rate, and Kraken Futures is 0.224% dearer against Bybit than usual: you sell high and buy low: +$22 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit POWRUSDT0.063250.0100pay 0.0050% / 4h1h 08m$888K$513K13x
ShortKraken Futures PF_POWRUSD0.063390.0287get 0.0036% / 1h8m 53s$16K$11K10x

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
$39.21
Price spread: +0.224% → 0.000%
$22.4
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
$40.6
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: live order book, 34 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, 34 min ago2.37 bp84.9 bp −$85doesn'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.

POWR on 10 exchanges

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 POWRUSDT+0.0100%4h0.06326+0.012%$13K$44K5xas long as short
Binance POWRUSDT+0.0100%4h0.06330+0.076%$1.4M$2.0M50xas long as short
Bybit POWRUSDTlong+0.0100%4h0.06325long leg$888K$513K13x
Gate POWR_USDT+0.0100%4h0.06315−0.158%$105K$26K10xas long as short
MEXC POWR_USDT+0.0100%4h0.06329+0.063%$1.1M$112K50xas long as short
KuCoin POWRUSDTM+0.0100%4h0.06350+0.395%$634K$97K30xas long as short
Bitget POWRUSDT+0.0100%4h0.06327+0.032%$365K$187K50xas long as short
BingX POWR-USDT+0.0100%4h0.06330+0.079%$1.3Mas long as short
Variational Omni POWR+0.0100%4h0.06321−0.057%$506$2Kas long as short
Kraken Futures PF_POWRUSDshort+0.0287%1h0.06339+0.224%$16K$11K10x