Funding you earn now, next payment 03:00 UTC−0.2113%/8h= −231.4% APRpaid last 24h −0.570%
Price spread now: Kraken Futures against Bybit−0.061%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 −$63 a day on $10k at the current rate, and Kraken Futures is 0.061% cheaper against Bybit than usual: you would sell low and buy high (−$6 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 | Bybit FLUXUSDT | 0.06264 | 0.0100 | pay 0.0050% / 4h | 1h 28m | $286K | $253K | 20x |
| Short | Kraken Futures PF_FLUXUSD | 0.06260 | −0.2013 | pay 0.0252% / 1h | 28m 09s | $6K | $249 | 10x |
Bybit FLUXUSDT
Kraken Futures PF_FLUXUSDFunding 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
- −$443.77
- Price spread: −0.061% → 0.000%
- −$6.09
- 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
- −$470.86
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 22 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, 22 min ago | 10.45 bp | 712.6 bp −$713 | 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.
FLUX on 11 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_FLUXUSDshort | −0.2013% | 1h | 0.06260 | −0.061% | $6K | $249 | 10x | |
| Aster FLUXUSDT | −0.0618% | 4h | 0.06306 | +0.675% | $40K | $409 | 5x | as long as short |
| BloFin FLUX-USDT | +0.0068% | 4h | 0.06264 | 0.000% | $77K | $11K | 50x | as long as short |
| Binance FLUXUSDT | +0.0100% | 4h | 0.06251 | −0.208% | $1.2M | $1.4M | 50x | as long as short |
| Bybit FLUXUSDTlong | +0.0100% | 4h | 0.06264 | long leg | $286K | $253K | 20x | |
| Gate FLUX_USDT | +0.0100% | 4h | 0.06270 | +0.096% | $46K | $23K | 20x | as long as short |
| MEXC FLUX_USDT | +0.0100% | 4h | 0.06252 | −0.192% | $4.8M | $134K | 100x | as long as short |
| KuCoin FLUXUSDTM | +0.0100% | 4h | 0.06258 | −0.096% | $211K | $54K | 30x | as long as short |
| Bitget FLUXUSDT | +0.0100% | 4h | 0.06251 | −0.208% | $289K | $134K | 50x | as long as short |
| BingX FLUX-USDT | +0.0100% | 4h | 0.06256 | −0.128% | — | $1.3M | — | as long as short |
Aster FLUXUSDT
BloFin FLUX-USDT
Binance FLUXUSDT
Gate FLUX_USDT
MEXC FLUX_USDT
KuCoin FLUXUSDTM
Bitget FLUXUSDT
BingX FLUX-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni FLUX | +0.0100% | 4h | 0.06270 | +0.099% | $6K | $40 | — | as long as short |
Variational Omni FLUX