Funding you earn now, next payment 02:00 UTC+0.0349%/8h= +38.2% APRpaid last 24h +0.340%
Price spread now: Bybit against Kraken Futures−0.149%55s7-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
Funding pays, the price is against you. Bybit is 0.149% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.149% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 34 hours of funding at the current rate (+$10 a day). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_YFIUSD | 2,324.5 | −0.0249 | get 0.0031% / 1h | 26m 20s | $47K | $6K | 10x |
| Short | Bybit YFIUSDT | 2,321 | 0.0100 | get 0.0100% / 8h | 6h 26m | $1.0M | $254K | 25x |
Kraken Futures PF_YFIUSD
Bybit YFIUSDTFunding 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
- $73.3
- Price spread: −0.149% → 0.000%
- −$14.92
- 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
- $37.38
- Costs to cover
- 0.210%
- Break-even
- 3.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 29 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, 29 min ago | 6.51 bp | 46.9 bp −$47 | 237.6 bp −$2,376 | 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.
YFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_YFIUSDlong | −0.0249% | 1h | 2,324.5 | long leg | $47K | $6K | 10x | |
| Injective YFI/USDC PERP | +0.0033% | 1h | 2,190.5 | −5.763% | $2K | $28K | 5.5x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,319.1 | −0.230% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,321.3 | −0.134% | $2.3M | $3.1M | 75x | as long as short |
| Bybit YFIUSDTshort | +0.0100% | 8h | 2,321 | −0.149% | $1.0M | $254K | 25x | |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,321 | −0.149% | $619K | $835K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,320 | −0.192% | $876K | $286K | 75x | as long as short |
| KuCoin YFIUSDTM | +0.0100% | 8h | 2,319.2 | −0.227% | $385K | $88K | 30x | as long as short |
| BingX YFI-USDT | +0.0100% | 8h | 2,320 | −0.192% | — | $11.8M | — | as long as short |
| Variational Omni YFI | +0.0100% | 8h | 2,321.1 | −0.144% | $9K | $1K | — | as long as short |
Injective YFI/USDC PERP
Aster YFIUSDT
Binance YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
KuCoin YFIUSDTM
BingX YFI-USDT
Variational Omni YFIShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate YFI_USDT | +0.0425% | 8h | 2,323.5 | −0.042% | $301K | $156K | 50x | as long as short |
Gate YFI_USDT