Funding you earn now, next payment 03:00 UTC−0.2754%/8h= −301.5% APRpaid last 24h +0.272%
Price spread now: Bybit against Kraken Futures−0.752%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 −$83 a day on $10k at the current rate, and Bybit is 0.752% cheaper against Kraken Futures than usual: you would sell low and buy high (−$75 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_SSVUSD | 3.4691 | 0.2854 | pay 0.0357% / 1h | 14m 49s | $10K | $15K | 10x |
| Short | Bybit SSVUSDT | 3.4430 | 0.0100 | get 0.0100% / 8h | 5h 14m | $587K | $283K | 50x |
Kraken Futures PF_SSVUSD
Bybit SSVUSDTFunding 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
- −$578.29
- Price spread: −0.752% → 0.000%
- −$75.19
- 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
- −$674.48
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 40 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, 40 min ago | 5.98 bp | 70.5 bp −$70 | 174.8 bp −$1,748 | 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.
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 | +0.0096% | 8h | 3.4358 | −0.959% | $859 | $1 | — | as long as short |
| Binance SSVUSDT | +0.0100% | 8h | 3.4469 | −0.640% | $2.5M | $2.6M | 50x | as long as short |
| Bybit SSVUSDTshort | +0.0100% | 8h | 3.4430 | −0.752% | $587K | $283K | 50x | |
| OKX SSV-USDT-SWAP | +0.0100% | 8h | 3.4490 | −0.579% | $554K | $949K | 20x | as long as short |
| Gate SSV_USDT | +0.0100% | 8h | 3.4470 | −0.637% | $155K | $73K | 25x | as long as short |
| MEXC SSV_USDT | +0.0100% | 8h | 3.4490 | −0.579% | $203K | $142K | 50x | as long as short |
| KuCoin SSVUSDTM | +0.0100% | 8h | 3.4400 | −0.838% | $256K | $41K | 30x | as long as short |
| Bitget SSVUSDT | +0.0100% | 8h | 3.4420 | −0.781% | $507K | $307K | 50x | as long as short |
| BingX SSV-USDT | +0.0100% | 8h | 3.4460 | −0.665% | — | $2.3M | — | as long as short |
| BloFin SSV-USDT | +0.0104% | 8h | 3.4370 | −0.925% | $127K | $76K | 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_SSVUSDlong | +0.2854% | 1h | 3.4691 | long leg | $10K | $15K | 10x |