Funding you earn now, next payment 05:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.609%
Price spread now: Bybit against Kraken Futures+0.021%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.021% dearer against Kraken Futures than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_RLCUSD | 0.3442 | 0.0044 | pay 0.0005% / 1h | 30m 34s | $23K | $7K | 10x |
| Short | Bybit RLCUSDT | 0.3443 | 0.0100 | get 0.0100% / 8h | 3h 30m | $424K | $551K | 20x |
Kraken Futures PF_RLCUSD
Bybit RLCUSDTFunding 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
- $11.78
- Price spread: +0.021% → 0.000%
- $2.08
- 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
- −$7.14
- Costs to cover
- 0.210%
- Break-even
- 11.2 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 14 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, 14 min ago | 8.68 bp | 114.8 bp −$115 | 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.
RLC on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_RLCUSDlong | +0.0044% | 1h | 0.3442 | long leg | $23K | $7K | 10x | |
| Binance RLCUSDT | +0.0100% | 8h | 0.3440 | −0.066% | $1.7M | $3.5M | 50x | as long as short |
| Bybit RLCUSDTshort | +0.0100% | 8h | 0.3443 | +0.021% | $424K | $551K | 20x | |
| Gate RLC_USDT | +0.0100% | 8h | 0.3442 | −0.008% | $38K | $174K | 50x | as long as short |
| MEXC RLC_USDT | +0.0100% | 8h | 0.3440 | −0.066% | $582K | $320K | 50x | as long as short |
| BingX RLC-USDT | +0.0100% | 8h | 0.3440 | −0.066% | — | $1.3M | — | as long as short |
| Variational Omni RLC | +0.0100% | 8h | 0.3446 | +0.105% | $27K | $21K | — | as long as short |
Binance RLCUSDT
Gate RLC_USDT
MEXC RLC_USDT
BingX RLC-USDT
Variational Omni RLC