Funding you earn now, next payment 05:00 UTC+0.0755%/8h= +82.7% APRpaid last 24h +0.294%
Price spread now: Kraken Futures against Bybit+0.272%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 +$23 a day on $10k at the current rate, and Kraken Futures is 0.272% dearer against Bybit than usual: you sell high and buy low: +$27 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 VELOUSDT | 0.005060 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $545K | $553K | 5x |
| Short | Kraken Futures PF_VELOUSD | 0.005074 | 0.0855 | get 0.0107% / 1h | 30m 02s | $3K | $1K | 10x |
Bybit VELOUSDT
Kraken Futures PF_VELOUSDFunding 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
- $158.55
- Price spread: +0.272% → 0.000%
- $27.15
- 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
- $164.7
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 15 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, 15 min ago | 12.91 bp | 139.3 bp −$139 | 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.
VELO 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster VELOUSDT | +0.0100% | 1h | 0.005063 | +0.067% | $5K | $509 | 3x | as long as short |
| Bybit VELOUSDTlong | +0.0100% | 8h | 0.005060 | long leg | $545K | $553K | 5x | |
| Gate VELO_USDT | +0.0100% | 8h | 0.005061 | +0.020% | $158K | $42K | 20x | as long as short |
| MEXC VELO_USDT | +0.0100% | 8h | 0.005063 | +0.059% | $1.4M | $601K | 100x | as long as short |
| KuCoin VELOUSDTM | +0.0100% | 4h | 0.005083 | +0.455% | $574K | $19K | 8x | as long as short |
| Variational Omni VELO | +0.0100% | 8h | 0.005059 | −0.017% | $9K | $1 | — | as long as short |
| Kraken Futures PF_VELOUSDshort | +0.0855% | 1h | 0.005074 | +0.272% | $3K | $1K | 10x |
Aster VELOUSDT
Gate VELO_USDT
MEXC VELO_USDT
KuCoin VELOUSDTM
Variational Omni VELO