Funding you earn now, next payment 23:00 UTC+0.1326%/8h= +145.2% APRpaid last 24h +0.964%
Price spread now: Kraken Futures against Bybit+0.085%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 +$40 a day on $10k at the current rate, and Kraken Futures is 0.085% dearer against Bybit than usual: you sell high and buy low: +$9 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 SYRUPUSDT | 0.2296 | 0.0100 | pay 0.0050% / 4h | 1h 32m | $2.3M | $1.9M | 25x |
| Short | Kraken Futures PF_SYRUPUSD | 0.2298 | 0.1426 | get 0.0178% / 1h | 32m 27s | $41K | $23K | 10x |
Bybit SYRUPUSDT
Kraken Futures PF_SYRUPUSDFunding 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
- $278.53
- Price spread: +0.085% → 0.000%
- $8.53
- 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
- $266.06
- Costs to cover
- 0.210%
- Break-even
- 0.3 days
Slippage unknown: Bybit: live order book, 4 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, 4 min ago | 3.48 bp | 57.1 bp −$57 | 618.8 bp −$6,188 | 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.
SYRUP on 16 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 SYRUP-USDT | +0.0069% | 4h | 0.2297 | +0.057% | $463K | $132K | 50x | as long as short |
| Lighter SYRUP | +0.0096% | 1h | 0.2300 | +0.170% | $209K | $225K | 5x | as long as short |
| Aster SYRUPUSDT | +0.0100% | 4h | 0.2298 | +0.072% | $12K | $61K | 10x | as long as short |
| Binance SYRUPUSDT | +0.0100% | 4h | 0.2295 | −0.042% | $9.6M | $6.5M | 25x | as long as short |
| Bybit SYRUPUSDTlong | +0.0100% | 4h | 0.2296 | long leg | $2.3M | $1.9M | 25x | |
| OKX SYRUP-USDT-SWAP | +0.0100% | 4h | 0.2296 | −0.004% | $1.2M | $991K | 20x | as long as short |
| Gate SYRUP_USDT | +0.0100% | 8h | 0.2296 | −0.022% | $428K | $67K | 25x | as long as short |
| MEXC SYRUP_USDT | +0.0100% | 4h | 0.2295 | −0.048% | $3.1M | $561K | 100x | as long as short |
| KuCoin SYRUPUSDTM | +0.0100% | 4h | 0.2299 | +0.131% | $2.0M | $107K | 25x | as long as short |
| Bitget SYRUPUSDT | +0.0100% | 4h | 0.2297 | +0.039% | $676K | $432K | 20x | as long as short |
BloFin SYRUP-USDT
Lighter SYRUP
Aster SYRUPUSDT
Binance SYRUPUSDT
OKX SYRUP-USDT-SWAP
Gate SYRUP_USDT
MEXC SYRUP_USDT
KuCoin SYRUPUSDTM
Bitget SYRUPUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX SYRUP-USDT | +0.0100% | 4h | 0.2297 | +0.035% | — | $6.5M | — | as long as short |
| Variational Omni SYRUP | +0.0100% | 4h | 0.2301 | +0.221% | $166K | $51K | — | as long as short |
| Reya SYRUPRUSDPERP | +0.0149% | 1h | 0.2294 | −0.071% | — | — | 5x | as long as short |
| GMX SYRUP/USD [ETH-USDC] | L +0.0330% / S −0.1447% | 1h | 0.2297 | +0.048% | $3K | — | 50x | as long as short |
| Hyperliquid SYRUP | +0.0697% | 1h | 0.2301 | +0.222% | $5.8M | $1.5M | 3x | as long as short |
| Kraken Futures PF_SYRUPUSDshort | +0.1426% | 1h | 0.2298 | +0.085% | $41K | $23K | 10x |
BingX SYRUP-USDT
Variational Omni SYRUP
Reya SYRUPRUSDPERP
GMX SYRUP/USD [ETH-USDC]
Hyperliquid SYRUP