Funding you earn now, next payment 09:00 UTC+0.0142%/8h= +15.5% APRpaid last 24h −0.077%
Price spread now: Kraken Futures against Bybit−0.225%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.170%+$117 on $10k
+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. Kraken Futures is 0.225% cheaper against Bybit than usual: you would sell low and buy high (spread −0.225% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 5.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+1.170% in total) that is about 32 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ARCUSDT | 0.07862 | 0.0100 | pay 0.0050% / 4h | 3h 41m | $2.8M | $4.1M | 13x |
| Short | Kraken Futures PF_ARCUSD | 0.07844 | 0.0242 | get 0.0030% / 1h | 41m 22s | $51K | $75K | 20x |
Bybit ARCUSDT
Kraken Futures PF_ARCUSDFunding 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
- $29.8
- Price spread: −0.225% → 0.000%
- −$22.46
- 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
- −$13.66
- Costs to cover
- 0.210%
- Break-even
- 10.2 days
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 2.54 bp | 113.9 bp −$114 | 254.2 bp −$2,542 | 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.
ARC on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter ARC | +0.0096% | 1h | 0.07867 | +0.059% | $38K | $6K | 3x | as long as short |
| Aster ARCUSDT | +0.0100% | 4h | 0.07862 | +0.005% | $19K | $14K | 5x | as long as short |
| Binance ARCUSDT | +0.0100% | 4h | 0.07873 | +0.140% | $24.4M | $6.0M | 20x | as long as short |
| Bybit ARCUSDTlong | +0.0100% | 4h | 0.07862 | long leg | $2.8M | $4.1M | 13x | |
| Gate ARC_USDT | +0.0100% | 4h | 0.07849 | −0.165% | $3.0M | $197K | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0100% | 4h | 0.07869 | +0.086% | $1.3M | $1.6M | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07857 | −0.064% | $2K | $1.3M | 20x | as long as short |
| Extended ARC-USD | +0.0104% | 1h | 0.07872 | +0.125% | $30K | $217K | 5x | as long as short |
| BloFin ARC-USDT | +0.0112% | 4h | 0.07840 | −0.280% | $1.2M | $41K | 20x | as long as short |
| Kraken Futures PF_ARCUSDshort | +0.0242% | 1h | 0.07844 | −0.225% | $51K | $75K | 20x |
Lighter ARC
Aster ARCUSDT
Binance ARCUSDT
Gate ARC_USDT
KuCoin ARCUSDTM
SunX ARC-USDT
Extended ARC-USD
BloFin ARC-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ARCUSDT | +0.0356% | 4h | 0.07851 | −0.140% | $1.7M | $453K | 10x | as long as short |
| BingX ARC-USDT | +0.0356% | 4h | 0.07871 | +0.114% | — | $1.7M | — | as long as short |
Bitget ARCUSDT
BingX ARC-USDT