Funding you earn now, next payment 04:00 UTC−3.9275%/8h= −4300.6% APRpaid last 24h −3.244%
Price spread now: Bybit against Kraken Futures−0.471%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 −$1,178 a day on $10k at the current rate, and Bybit is 0.471% cheaper against Kraken Futures than usual: you would sell low and buy high (−$47 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_PROMPTUSD | 0.02227 | 3.9375 | pay 0.4922% / 1h | 46m 50s | $2K | $2K | 10x |
| Short | Bybit PROMPTUSDT | 0.02217 | 0.0100 | get 0.0050% / 4h | 46m 50s | $333K | $157K | 5x |
Kraken Futures PF_PROMPTUSD
Bybit PROMPTUSDTFunding 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
- −$8,247.78
- Price spread: −0.471% → 0.000%
- −$47.12
- 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
- −$8,315.9
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 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, 3 min ago | 4.51 bp | 120.6 bp −$121 | 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.
PROMPT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster PROMPTUSDT | +0.0100% | 4h | 0.02213 | −0.656% | $3K | $150 | 5x | as long as short |
| Binance PROMPTUSDT | +0.0100% | 4h | 0.02214 | −0.606% | $1.2M | $1.4M | 40x | as long as short |
| Bybit PROMPTUSDTshort | +0.0100% | 4h | 0.02217 | −0.471% | $333K | $157K | 5x | |
| MEXC PROMPT_USDT | +0.0100% | 4h | 0.02214 | −0.606% | $114K | $97K | 20x | as long as short |
| KuCoin PROMPTUSDTM | +0.0100% | 4h | 0.02210 | −0.785% | $79K | $70K | 30x | as long as short |
| BingX PROMPT-USDT | +0.0100% | 4h | 0.02214 | −0.606% | — | $6.5M | — | as long as short |
| Variational Omni PROMPT | +0.0100% | 4h | 0.02221 | −0.287% | $3K | $4K | — | as long as short |
| Gate PROMPT_USDT | +0.0458% | 4h | 0.02217 | −0.471% | $551K | $61K | 20x | as long as short |
| Kraken Futures PF_PROMPTUSDlong | +3.9375% | 1h | 0.02227 | long leg | $2K | $2K | 10x |
Aster PROMPTUSDT
Binance PROMPTUSDT
MEXC PROMPT_USDT
KuCoin PROMPTUSDTM
BingX PROMPT-USDT
Variational Omni PROMPT
Gate PROMPT_USDT