Funding you earn now, next payment 22:00 UTC+0.1752%/8h= +191.8% APRpaid last 24h +0.220%
Price spread now: Bybit against Kraken Futures−0.010%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−0.941%−$94 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$53 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.941%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.941% in total (about -49.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_ARCUSD | 0.07772 | −0.0095 | get 0.0012% / 1h | 0m 46s | $49K | $81K | 20x |
| Short | Bybit ARCUSDT | 0.07771 | 0.1657 | get 0.0828% / 4h | 2h 00m | $2.7M | $4.3M | 13x |
Funding 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
- $367.87
- Price spread: −0.010% → 0.000%
- −$1.03
- 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
- $345.84
- Costs to cover
- 0.210%
- Break-even
- 0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 2 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, 2 min ago | 2.58 bp | 86.9 bp −$87 | 326.8 bp −$3,268 | 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ARCUSDlong | −0.0095% | 1h | 0.07772 | long leg | $49K | $81K | 20x | |
| Lighter ARC | +0.0096% | 1h | 0.07765 | −0.084% | $42K | $2K | 3x | as long as short |
| Gate ARC_USDT | +0.0100% | 4h | 0.07770 | −0.023% | $3.0M | $337K | 20x | as long as short |
| SunX ARC-USDT | +0.0100% | 4h | 0.07772 | +0.003% | $1K | $1.5M | 20x | as long as short |
| KuCoin ARCUSDTM | +0.0668% | 4h | 0.07773 | +0.012% | $1.3M | $1.8M | 20x | as long as short |
| Bitget ARCUSDT | +0.0740% | 4h | 0.07784 | +0.157% | $1.7M | $533K | 10x | as long as short |
| Binance ARCUSDT | +0.0769% | 4h | 0.07786 | +0.181% | $24.1M | $7.2M | 20x | as long as short |
| BloFin ARC-USDT | +0.0778% | 4h | 0.07767 | −0.062% | $1.2M | $61K | 20x | as long as short |
| Extended ARC-USD | +0.0784% | 1h | 0.07785 | +0.170% | $30K | $118K | 5x | as long as short |
| Aster ARCUSDT | +0.1337% | 4h | 0.07782 | +0.127% | $19K | $16K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ARCUSDTshort | +0.1657% | 4h | 0.07771 | −0.010% | $2.7M | $4.3M | 13x | |
| BingX ARC-USDT | +0.1750% | 4h | 0.07782 | +0.131% | — | $1.7M | — | as long as short |
Kraken Futures PF_ARCUSD
Bybit ARCUSDT
Lighter ARC
Gate ARC_USDT
SunX ARC-USDT
KuCoin ARCUSDTM
Bitget ARCUSDT
Binance ARCUSDT
BloFin ARC-USDT
Extended ARC-USD
Aster ARCUSDT
BingX ARC-USDT