Funding you earn now, next payment 09:00 UTC−0.0774%/8h= −84.8% APRpaid last 24h +0.434%
Price spread now: Bybit against Kraken Futures−0.538%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
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Bybit is 0.538% cheaper against Kraken Futures than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_POWRUSD | 0.06411 | 0.1178 | pay 0.0147% / 1h | 22m 12s | $16K | $11K | 10x |
| Short | Bybit POWRUSDT | 0.06377 | 0.0404 | get 0.0202% / 4h | 3h 22m | $918K | $540K | 13x |
Kraken Futures PF_POWRUSD
Bybit POWRUSDTFunding 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
- −$162.56
- Price spread: −0.538% → 0.000%
- −$53.78
- 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
- −$237.33
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 33 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, 33 min ago | 3.93 bp | 104.2 bp −$104 | 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.
POWR on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX POWR-USDT | +0.0070% | 4h | 0.06380 | −0.491% | — | $1.3M | — | as long as short |
| Aster POWRUSDT | +0.0100% | 4h | 0.06377 | −0.540% | $13K | $44K | 5x | as long as short |
| Binance POWRUSDT | +0.0100% | 4h | 0.06384 | −0.429% | $1.4M | $2.2M | 50x | as long as short |
| Gate POWR_USDT | +0.0100% | 4h | 0.06352 | −0.928% | $106K | $28K | 10x | as long as short |
| MEXC POWR_USDT | +0.0100% | 4h | 0.06384 | −0.429% | $1.1M | $112K | 50x | as long as short |
| KuCoin POWRUSDTM | +0.0100% | 4h | 0.06388 | −0.366% | $643K | $104K | 30x | as long as short |
| Bitget POWRUSDT | +0.0100% | 4h | 0.06376 | −0.553% | $372K | $202K | 50x | as long as short |
| Bybit POWRUSDTshort | +0.0404% | 4h | 0.06377 | −0.538% | $918K | $540K | 13x | |
| Variational Omni POWR | +0.0450% | 4h | 0.06342 | −1.087% | $508 | $2K | — | as long as short |
| Kraken Futures PF_POWRUSDlong | +0.1178% | 1h | 0.06411 | long leg | $16K | $11K | 10x |
BingX POWR-USDT
Aster POWRUSDT
Binance POWRUSDT
Gate POWR_USDT
MEXC POWR_USDT
KuCoin POWRUSDTM
Bitget POWRUSDT
Variational Omni POWR