Funding you earn now, next payment 03:00 UTC−0.1433%/8h= −156.9% APRpaid last 24h +0.288%
Price spread now: Bybit against Kraken Futures−0.390%7-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
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and Bybit is 0.390% cheaper against Kraken Futures than usual: you would sell low and buy high (−$39 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_BBUSD | 0.009184 | 0.1952 | pay 0.0244% / 1h | 12m 05s | $22K | $2K | 10x |
| Short | Bybit BBUSDT | 0.009148 | 0.0519 | get 0.0259% / 4h | 1h 12m | $694K | $791K | 25x |
Kraken Futures PF_BBUSD
Bybit BBUSDTFunding 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
- −$300.95
- Price spread: −0.390% → 0.000%
- −$38.97
- 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
- −$360.92
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 48 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, 48 min ago | 5.50 bp | 111.5 bp −$112 | 302.3 bp −$3,023 | 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.
BB on 9 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 BBUSDT | +0.0100% | 4h | 0.009142 | −0.453% | $12K | $13K | 5x | as long as short |
| Binance BBUSDT | +0.0100% | 4h | 0.009142 | −0.453% | $3.3M | $6.8M | 50x | as long as short |
| Gate BB_USDT | +0.0100% | 4h | 0.009180 | −0.041% | $134K | $221K | 50x | as long as short |
| MEXC BB_USDT | +0.0100% | 4h | 0.009148 | −0.390% | $1.4M | $572K | 100x | as long as short |
| KuCoin BBUSDTM | +0.0100% | 4h | 0.009150 | −0.368% | $449K | $89K | 50x | as long as short |
| Bitget BBUSDT | +0.0100% | 4h | 0.009160 | −0.259% | $332K | $472K | 50x | as long as short |
| BingX BB-USDT | +0.0470% | 4h | 0.009162 | −0.237% | — | $1.3M | — | as long as short |
| Bybit BBUSDTshort | +0.0519% | 4h | 0.009148 | −0.390% | $694K | $791K | 25x | |
| Kraken Futures PF_BBUSDlong | +0.1952% | 1h | 0.009184 | long leg | $22K | $2K | 10x |
Aster BBUSDT
Binance BBUSDT
Gate BB_USDT
MEXC BB_USDT
KuCoin BBUSDTM
Bitget BBUSDT
BingX BB-USDT