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

PROMPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0202%/8h= +22.1% APRpaid last 24h +4.741%
Price spread now: Kraken Futures against Bybit−0.011%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit PROMPTUSDT0.021930.0100pay 0.0050% / 4h1h 31m$333K$223K5x
ShortKraken Futures PF_PROMPTUSD0.021930.0302get 0.0038% / 1h31m 56s$2K$3K10x

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
$42.46
Price spread: −0.011% → 0.000%
−$1.06
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
$20.4
Costs to cover
0.210%
Break-even
3.6 days
Slippage unknown: Bybit: live order book, 2 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, 2 min ago6.85 bp132.3 bp −$132doesn'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.

PROMPT on 9 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 PROMPTUSDT+0.0100%4h0.02189−0.162%$3K$1K5xas long as short
Binance PROMPTUSDT+0.0100%4h0.02191−0.083%$1.2M$2.1M40xas long as short
Bybit PROMPTUSDTlong+0.0100%4h0.02193long leg$333K$223K5x
Gate PROMPT_USDT+0.0100%4h0.021930.000%$554K$85K20xas long as short
MEXC PROMPT_USDT+0.0100%4h0.02191−0.091%$105K$109K20xas long as short
BingX PROMPT-USDT+0.0100%4h0.021930.000%$6.5Mas long as short
Variational Omni PROMPT+0.0100%4h0.02185−0.382%$3K$6Kas long as short
KuCoin PROMPTUSDTM+0.0284%4h0.02198+0.228%$121K$81K30xas long as short
Kraken Futures PF_PROMPTUSDshort+0.0302%1h0.02193−0.011%$2K$3K10x