Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.090%
Price spread now: Bybit against Kraken Futures−0.140%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+0.986%+$99 on $10k
+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 −$1 a day on $10k at the current rate, and Bybit is 0.140% cheaper against Kraken Futures than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.986%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CHZUSD | 0.01582 | 0.0146 | pay 0.0018% / 1h | 37m 05s | $70K | $77K | 25x |
| Short | Bybit CHZUSDT | 0.01580 | 0.0100 | get 0.0100% / 8h | 37m 05s | $4.1M | $1.4M | 75x |
Kraken Futures PF_CHZUSD
Bybit CHZUSDTFunding 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
- −$9.61
- Price spread: −0.140% → 0.000%
- −$14.01
- 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
- −$44.61
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, just now. 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, just now | 6.33 bp | 33.3 bp −$33 | 186.0 bp −$1,860 | 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.
CHZ on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01583 | +0.061% | $3K | $653 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −0.519% | $1K | $7 | 5.5x | as long as short |
| Aster CHZUSDT | +0.0100% | 8h | 0.01584 | +0.089% | $20K | $24K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01584 | +0.089% | $6.8M | $12.7M | 75x | as long as short |
| Bybit CHZUSDTshort | +0.0100% | 8h | 0.01580 | −0.140% | $4.1M | $1.4M | 75x | |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01583 | +0.050% | $1.5M | $3.0M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01583 | +0.050% | $321K | $336K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01583 | +0.050% | $4.3M | $986K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01582 | −0.014% | $745K | $164K | 50x | as long as short |
| Bitget CHZUSDT | +0.0100% | 8h | 0.01584 | +0.113% | $3.8M | $745K | 75x | as long as short |
dYdX CHZ-USD
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTM
Bitget CHZUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CHZ-USDT | +0.0100% | 8h | 0.01582 | −0.014% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01587 | +0.283% | $3K | $5K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01590 | +0.492% | $46K | $674K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01583 | +0.050% | $289 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01583 | +0.050% | $52K | $83K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01583 | +0.040% | $2K | $286K | 10x | as long as short |
| BloFin CHZ-USDT | +0.0114% | 8h | 0.01584 | +0.113% | $327K | $26K | 75x | as long as short |
| Kraken Futures PF_CHZUSDlong | +0.0146% | 1h | 0.01582 | long leg | $70K | $77K | 25x | |
| GMX CHZ/USD [ETH-USDC] | L +0.0299% / S −0.0100% | 1h | 0.01583 | +0.031% | $6K | — | 50x | as long as short |
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
BloFin CHZ-USDT
GMX CHZ/USD [ETH-USDC]