Funding you earn now, next payment 04:00 UTC+0.0206%/8h= +22.6% APRpaid last 24h +0.072%
Price spread now: Kraken Futures against Bybit−0.137%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
Funding pays, the price is against you. Kraken Futures is 0.137% cheaper against Bybit than usual: you would sell low and buy high (spread −0.137% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 2.2 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit REZUSDT | 0.003836 | 0.0100 | pay 0.0050% / 4h | 48m 54s | $1.4M | $982K | 25x |
| Short | Kraken Futures PF_REZUSD | 0.003831 | 0.0306 | get 0.0038% / 1h | 48m 54s | $43K | $10K | 10x |
Bybit REZUSDT
Kraken Futures PF_REZUSDFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.34
- Price spread: −0.137% → 0.000%
- −$13.72
- 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
- $8.62
- Costs to cover
- 0.210%
- Break-even
- 5.6 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 2 min ago | 2.60 bp | 42.2 bp −$42 | 293.2 bp −$2,932 | doesn't fit | doesn'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.
REZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0054% | 4h | 0.003832 | −0.104% | $321K | $50K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003833 | −0.074% | $18K | $35K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003829 | −0.182% | $4.9M | $8.6M | 50x | as long as short |
| Bybit REZUSDTlong | +0.0100% | 4h | 0.003836 | long leg | $1.4M | $982K | 25x | |
| Gate REZ_USDT | +0.0100% | 4h | 0.003830 | −0.156% | $393K | $110K | 10x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003830 | −0.156% | $1.4M | $408K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003836 | 0.000% | $449K | $84K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003829 | −0.182% | $581K | $1.2M | 50x | as long as short |
| BingX REZ-USDT | +0.0100% | 4h | 0.003830 | −0.156% | — | $6.6M | — | as long as short |
| Variational Omni REZ | +0.0100% | 4h | 0.003846 | +0.269% | $78K | $38K | — | as long as short |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
Gate REZ_USDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
BingX REZ-USDT
Variational Omni REZShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_REZUSDshort | +0.0306% | 1h | 0.003831 | −0.137% | $43K | $10K | 10x | |
| Hyperliquid REZ | +0.0808% | 1h | 0.003836 | 0.000% | $1.5M | $494K | 3x | as long as short |
Hyperliquid REZ