Funding you earn now, next payment 03:00 UTC−0.1327%/8h= −145.3% APRpaid last 24h −0.024%
Price spread now: Kraken Futures against Bybit+0.342%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$503as in the Funding arb table
Net, price: spread back to 7d avg − costs−$333as in the Price arb table
costs, in and out, $10k−$3713.706% of the position
Funding, last 7 days−1.328%−$133 on $10k
+Price spread, last 4 days (all we have)−0.765%−$77 · spread now +0.342%, 7d avg −0.034%
=The price spread pays, funding is against you. Kraken Futures is 0.376% dearer against Bybit than usual: you sell high and buy low (spread +0.342% now, against its 7-day average of −0.034%): +$38 on $10k if it goes back. Holding the pair costs −$40 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−1.328% in total) that is about 48 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MUBARAKUSDT | 0.04499 | 0.0497 | pay 0.0248% / 4h | 1h 28m | $3.5M | $11.0M | 25x |
| Short | Kraken Futures PF_MUBARAKUSD | 0.04514 | −0.0830 | pay 0.0104% / 1h | 28m 24s | $57K | $434K | 10x |
Bybit MUBARAKUSDT
Kraken Futures PF_MUBARAKUSDFunding 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
- −$278.64
- Price spread: +0.342% → −0.034%
- $37.62
- Slippage, 4 orders
- −$349.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$611.66
- Costs to cover
- 3.706%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Kraken Futures: live order book, 34 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 Bybit live order book, 5 min ago | 5.23 bp | 50.4 bp −$50 | 186.6 bp −$1,866 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 34 min ago | 58.95 bp | 117.4 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
MUBARAK 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_MUBARAKUSDshort | −0.0830% | 1h | 0.04514 | +0.342% | $57K | $434K | 10x | |
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.04500 | +0.031% | $2.7M | $56.1M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.04503 | +0.097% | $11K | $54K | — | as long as short |
| MEXC MUBARAK_USDT | +0.0212% | 4h | 0.04502 | +0.076% | $880K | $1.5M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0214% | 4h | 0.04501 | +0.053% | $16.5M | $90.4M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0250% | 4h | 0.04506 | +0.164% | $2.9M | $7.3M | 25x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0278% | 4h | 0.04508 | +0.209% | $1.7M | $1.1M | 30x | as long as short |
| Aster MUBARAKUSDT | +0.0398% | 4h | 0.04505 | +0.135% | $12K | $444K | 5x | as long as short |
| BingX MUBARAK-USDT | +0.0450% | 4h | 0.04500 | +0.031% | — | $3.1M | — | as long as short |
| Bybit MUBARAKUSDTlong | +0.0497% | 4h | 0.04499 | long leg | $3.5M | $11.0M | 25x |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
KuCoin MUBARAKUSDTM
Aster MUBARAKUSDT
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.1400% | 4h | 0.04507 | +0.187% | $7.1M | $5.4M | 50x | as long as short |
Gate MUBARAK_USDT