Funding you earn now, next payment 11:00 UTC−0.1728%/8h= −189.2% APRpaid last 24h −0.462%
Price spread now: Kraken Futures against Bybit−0.130%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 −$52 a day on $10k at the current rate, and Kraken Futures is 0.130% cheaper against Bybit than usual: you would sell low and buy high (−$13 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 | Bybit RLCUSDT | 0.3394 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $396K | $524K | 20x |
| Short | Kraken Futures PF_RLCUSD | 0.3390 | −0.1628 | pay 0.0203% / 1h | 29m 31s | $21K | $7K | 10x |
Bybit RLCUSDT
Kraken Futures PF_RLCUSDFunding 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
- −$362.79
- Price spread: −0.130% → 0.000%
- −$12.98
- 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
- −$396.77
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 9 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, 9 min ago | 10.25 bp | 118.6 bp −$119 | doesn't fit | 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.
RLC on 7 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RLCUSDshort | −0.1628% | 1h | 0.3390 | −0.130% | $21K | $7K | 10x | |
| Binance RLCUSDT | +0.0100% | 8h | 0.3389 | −0.147% | $1.6M | $2.9M | 50x | as long as short |
| Bybit RLCUSDTlong | +0.0100% | 8h | 0.3394 | long leg | $396K | $524K | 20x | |
| Gate RLC_USDT | +0.0100% | 8h | 0.3394 | 0.000% | $35K | $178K | 50x | as long as short |
| MEXC RLC_USDT | +0.0100% | 8h | 0.3389 | −0.147% | $600K | $323K | 50x | as long as short |
| BingX RLC-USDT | +0.0100% | 8h | 0.3392 | −0.059% | — | $1.3M | — | as long as short |
| Variational Omni RLC | +0.0100% | 8h | 0.3395 | +0.021% | $25K | $20K | — | as long as short |
Binance RLCUSDT
Gate RLC_USDT
MEXC RLC_USDT
BingX RLC-USDT
Variational Omni RLC