Funding you earn now, next payment 07:00 UTC−0.1309%/8h= −143.3% APRpaid last 24h −0.064%
Price spread now: Bybit against Kraken Futures−0.156%7-day average −0.174% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$2002.005% of the position
Funding, last 7 days+0.283%+$28 on $10k
+Price spread, last 4 days (all we have)+0.238%+$24 · spread now −0.156%, 7d avg −0.174%
=The price spread sits at its 7-day average of −0.174%, so right now this pair is about funding alone: −$39 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.283%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.283% in total (about 14.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_JASMYUSD | 0.004378 | 0.1409 | pay 0.0176% / 1h | 16m 36s | $256K | $262K | 20x |
| Short | Bybit JASMYUSDT | 0.004371 | 0.0100 | get 0.0100% / 8h | 1h 16m | $3.7M | $2.4M | 75x |
Kraken Futures PF_JASMYUSD
Bybit JASMYUSDTFunding 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
- −$274.86
- Price spread: −0.156% → −0.174%
- $1.73
- Slippage, 4 orders
- −$179.47
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$473.6
- Costs to cover
- 2.005%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 26 min ago; Bybit: live order book, 6 min ago.
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 live order book, 26 min ago | 35.40 bp | 73.5 bp −$73 | 179.7 bp −$1,797 | 38928.3 bp −$3.89M | doesn't fit |
| Sell Bybit live order book, 6 min ago | 3.43 bp | 23.9 bp −$24 | 49.5 bp −$495 | doesn't fit | doesn't fit |
JASMY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni JASMY | +0.0050% | 8h | 0.004369 | −0.197% | $124K | $33K | — | as long as short |
| Coinbase International JASMY-PERP-INTX | +0.0096% | 1h | 0.004369 | −0.202% | $16K | $22K | 25x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004372 | −0.131% | $6K | $23K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004375 | −0.065% | $3.5M | $5.4M | 75x | as long as short |
| Bybit JASMYUSDTshort | +0.0100% | 8h | 0.004371 | −0.156% | $3.7M | $2.4M | 75x | |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004375 | −0.065% | $468K | $315K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004378 | +0.003% | $10.0M | $2.7M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004373 | −0.111% | $3.3M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004375 | −0.065% | $1.7M | $577K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004372 | −0.134% | — | $7.8M | — | as long as short |
Variational Omni JASMY
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Binance JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDT
BingX JASMY-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004371 | −0.158% | $2K | $269K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004381 | +0.072% | $225K | $222K | 75x | as long as short |
| Kraken Futures PF_JASMYUSDlong | +0.1409% | 1h | 0.004378 | long leg | $256K | $262K | 20x | |
| Deribit JASMY_USDC-PERPETUAL | +0.1579% | 1h | 0.004381 | +0.072% | — | — | 10x | as long as short |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL