Funding you earn now, next payment 07:00 UTC+0.0695%/8h= +76.1% APRpaid last 24h +0.386%
Price spread now: Kraken Futures against Bybit+0.026%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 +$21 a day on $10k at the current rate, and Kraken Futures is 0.026% dearer against Bybit than usual: you sell high and buy low: +$3 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 CFXUSDT | 0.05333 | 0.0100 | pay 0.0100% / 8h | 1h 48m | $2.4M | $1.4M | 25x |
| Short | Kraken Futures PF_CFXUSD | 0.05334 | 0.0795 | get 0.0099% / 1h | 48m 05s | $32K | $10K | 20x |
Bybit CFXUSDT
Kraken Futures PF_CFXUSDFunding 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
- $146
- Price spread: +0.026% → 0.000%
- $2.62
- 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
- $127.62
- Costs to cover
- 0.210%
- Break-even
- 0.9 days
Slippage unknown: Bybit: live order book, 4 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, 4 min ago | 2.82 bp | 22.2 bp −$22 | 189.0 bp −$1,890 | 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.
CFX on 16 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 CFXUSDT | +0.0100% | 8h | 0.05329 | −0.071% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05328 | −0.093% | $5.3M | $10.1M | 75x | as long as short |
| Bybit CFXUSDTlong | +0.0100% | 8h | 0.05333 | long leg | $2.4M | $1.4M | 25x | |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05327 | −0.113% | $2.6M | $5.7M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05330 | −0.056% | $1.1M | $2.4M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05329 | −0.075% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05328 | −0.094% | $807K | $299K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05327 | −0.113% | $1.5M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05331 | −0.038% | — | $23.0M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05330 | −0.063% | $35K | $52K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05325 | −0.159% | $504K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05328 | −0.086% | $5K | $292K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0192% | 1h | 0.05333 | 0.000% | $36K | $126K | 50x | as long as short |
| Hyperliquid CFX | +0.0748% | 1h | 0.05341 | +0.156% | $3.2M | $383K | 5x | as long as short |
| Kraken Futures PF_CFXUSDshort | +0.0795% | 1h | 0.05334 | +0.026% | $32K | $10K | 20x | |
| Deribit CFX_USDC-PERPETUAL | +0.1815% | 1h | 0.05339 | +0.113% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL