Funding you earn now, next payment 09:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h −0.077%
Price spread now: Kraken Futures against Bybit−0.153%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−0.099%−$10 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 0.153% cheaper against Bybit than usual: you would sell low and buy high (spread −0.153% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 4.8 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit DEXEUSDT | 1.9480 | 0.0100 | pay 0.0050% / 4h | 3h 19m | $2.4M | $966K | 20x |
| Short | Kraken Futures PF_DEXEUSD | 1.9450 | 0.0206 | get 0.0026% / 1h | 19m 13s | $41K | $45K | 20x |
Funding 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
- $22.21
- Price spread: −0.153% → 0.000%
- −$15.32
- 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
- −$14.11
- Costs to cover
- 0.210%
- Break-even
- 11.4 days
Slippage unknown: Bybit: live order book, 3 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, 3 min ago | 5.14 bp | 62.5 bp −$63 | doesn't fit | 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.
DEXE 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −4.517% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9441 | −0.199% | $172K | $27K | 5x | as long as short |
| Binance DEXEUSDT | +0.0100% | 4h | 1.9441 | −0.200% | $7.0M | $8.5M | 20x | as long as short |
| Bybit DEXEUSDTlong | +0.0100% | 4h | 1.9480 | long leg | $2.4M | $966K | 20x | |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9450 | −0.154% | $467K | $835K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9450 | −0.154% | $1.8M | $234K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9450 | −0.154% | $3.2M | $393K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9470 | −0.051% | — | $1.7M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9482 | +0.011% | $35K | $390 | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9440 | −0.205% | $8K | — | 10x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSDshort | +0.0206% | 1h | 1.9450 | −0.153% | $41K | $45K | 20x | |
| BloFin DEXE-USDT | +0.0340% | 4h | 1.9460 | −0.103% | $399K | $37K | 20x | as long as short |
Bybit DEXEUSDT
Kraken Futures PF_DEXEUSD
Injective DEXE/USDC PERP
Aster DEXEUSDT
Binance DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
BloFin DEXE-USDT