Funding you earn now, next payment 07:00 UTC+0.3012%/8h= +329.9% APRpaid last 24h −0.073%
Price spread now: Kraken Futures against Bybit+0.536%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 +$90 a day on $10k at the current rate, and Kraken Futures is 0.536% dearer against Bybit than usual: you sell high and buy low: +$54 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 | Bybit SSVUSDT | 3.3240 | 0.0100 | pay 0.0100% / 8h | 1h 06m | $564K | $345K | 50x |
| Short | Kraken Futures PF_SSVUSD | 3.3418 | 0.3112 | get 0.0389% / 1h | 6m 34s | $12K | $17K | 10x |
Bybit SSVUSDT
Kraken Futures PF_SSVUSDFunding 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
- $632.61
- Price spread: +0.536% → 0.000%
- $53.65
- 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
- $665.26
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 28 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, 28 min ago | 4.58 bp | 73.2 bp −$73 | 323.3 bp −$3,233 | 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.
SSV on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SSV | +0.0070% | 8h | 3.3234 | −0.018% | $829 | $1 | — | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.3310 | +0.211% | $2.4M | $3.0M | 50x | as long as short |
| Bybit SSVUSDTlong | +0.0100% | 8h | 3.3240 | long leg | $564K | $345K | 50x | |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.3300 | +0.181% | $538K | $906K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.3310 | +0.211% | $142K | $86K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.3310 | +0.211% | $199K | $147K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.3240 | 0.000% | $248K | $49K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.3280 | +0.120% | $540K | $372K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.3300 | +0.181% | — | $2.3M | — | as long as short |
| BloFin SSV-USDT | +0.0104% | 8h | 3.3290 | +0.150% | $118K | $88K | 75x | as long as short |
Variational Omni SSV
Binance SSVUSDT
OKX SSV-USDT-SWAP
Gate SSV_USDT
MEXC SSV_USDT
KuCoin SSVUSDTM
Bitget SSVUSDT
BingX SSV-USDT
BloFin SSV-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SSVUSDshort | +0.3112% | 1h | 3.3418 | +0.536% | $12K | $17K | 10x |