Funding you earn now, next payment 07:00 UTC+0.1087%/8h= +119.0% APRpaid last 24h +0.328%
Price spread now: Kraken Futures against Bybit+0.160%55s7-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 +$33 a day on $10k at the current rate, and Kraken Futures is 0.160% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit KAVAUSDT | 0.06993 | 0.0100 | pay 0.0100% / 8h | 1h 18m | $1.3M | $868K | 25x |
| Short | Kraken Futures PF_KAVAUSD | 0.07004 | 0.1187 | get 0.0148% / 1h | 18m 29s | $40K | $31K | 10x |
Bybit KAVAUSDT
Kraken Futures PF_KAVAUSDFunding 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
- $228.3
- Price spread: +0.160% → 0.000%
- $15.96
- 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
- $223.26
- Costs to cover
- 0.210%
- Break-even
- 0.2 days
Slippage unknown: Bybit: live order book, 2 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, 2 min ago | 5.01 bp | 155.5 bp −$155 | 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.
KAVA on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance KAVAUSDT | +0.0100% | 4h | 0.06997 | +0.055% | $7.9M | $8.9M | 50x | as long as short |
| Bybit KAVAUSDTlong | +0.0100% | 8h | 0.06993 | long leg | $1.3M | $868K | 25x | |
| MEXC KAVA_USDT | +0.0100% | 4h | 0.06997 | +0.057% | $397K | $162K | 20x | as long as short |
| KuCoin KAVAUSDTM | +0.0100% | 4h | 0.06983 | −0.143% | $361K | $51K | 12x | as long as short |
| Bitget KAVAUSDT | +0.0100% | 4h | 0.06990 | −0.043% | $752K | $440K | 25x | as long as short |
| BingX KAVA-USDT | +0.0100% | 4h | 0.06997 | +0.057% | — | $2.3M | — | as long as short |
| Variational Omni KAVA | +0.0100% | 8h | 0.06991 | −0.032% | $894 | $1K | — | as long as short |
| Gate KAVA_USDT | +0.0608% | 4h | 0.07007 | +0.200% | $518K | $155K | 25x | as long as short |
| Kraken Futures PF_KAVAUSDshort | +0.1187% | 1h | 0.07004 | +0.160% | $40K | $31K | 10x |
Binance KAVAUSDT
MEXC KAVA_USDT
KuCoin KAVAUSDTM
Bitget KAVAUSDT
BingX KAVA-USDT
Variational Omni KAVA
Gate KAVA_USDT