Funding you earn now, next payment 08:00 UTC+0.0994%/8h= +108.8% APRpaid last 24h +0.380%
Price spread now: Bybit against Kraken Futures+0.309%7-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 +$30 a day on $10k at the current rate, and Bybit is 0.309% dearer against Kraken Futures than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_AIXBTUSD | 0.02285 | −0.0894 | get 0.0112% / 1h | 16m 39s | $19K | $5K | 10x |
| Short | Bybit AIXBTUSDT | 0.02292 | 0.0100 | get 0.0050% / 4h | 16m 39s | $1.2M | $1.3M | 25x |
Kraken Futures PF_AIXBTUSD
Bybit AIXBTUSDTFunding 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
- $208.64
- Price spread: +0.309% → 0.000%
- $30.94
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $218.58
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 4 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 4.38 bp | 33.4 bp −$33 | 193.2 bp −$1,932 | doesn't fit | doesn't fit |
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.
AIXBT 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AIXBTUSDlong | −0.0894% | 1h | 0.02285 | long leg | $19K | $5K | 10x | |
| Variational Omni AIXBT | +0.0010% | 4h | 0.02279 | −0.255% | $99K | $11K | — | as long as short |
| Hyperliquid AIXBT | +0.0100% | 1h | 0.02295 | +0.458% | $407K | $227K | 3x | as long as short |
| Binance AIXBTUSDT | +0.0100% | 4h | 0.02294 | +0.404% | $2.5M | $4.3M | 50x | as long as short |
| Bybit AIXBTUSDTshort | +0.0100% | 4h | 0.02292 | +0.309% | $1.2M | $1.3M | 25x | |
| OKX AIXBT-USDT-SWAP | +0.0100% | 4h | 0.02294 | +0.397% | $461K | $1.9M | 20x | as long as short |
| Gate AIXBT_USDT | +0.0100% | 4h | 0.02291 | +0.266% | $214K | $139K | 25x | as long as short |
| MEXC AIXBT_USDT | +0.0100% | 4h | 0.02294 | +0.397% | $694K | $280K | 100x | as long as short |
| KuCoin AIXBTUSDTM | +0.0100% | 4h | 0.02292 | +0.309% | $1.1M | $1.5M | 30x | as long as short |
| Bitget AIXBTUSDT | +0.0100% | 4h | 0.02294 | +0.397% | $639K | $659K | 20x | as long as short |
Variational Omni AIXBT
Hyperliquid AIXBT
Binance AIXBTUSDT
OKX AIXBT-USDT-SWAP
Gate AIXBT_USDT
MEXC AIXBT_USDT
KuCoin AIXBTUSDTM
Bitget AIXBTUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX AIXBT-USDT | +0.0100% | 4h | 0.02291 | +0.266% | — | $6.6M | — | as long as short |
| BloFin AIXBT-USDT | +0.0157% | 4h | 0.02293 | +0.353% | $120K | $92K | 50x | as long as short |
| GMX AIXBT/USD [ETH-USDC] | L +0.0247% / S −0.0698% | 1h | 0.02291 | +0.252% | $3K | — | 100x | as long as short |
| Reya AIXBTRUSDPERP | +0.0372% | 1h | 0.02290 | +0.217% | — | — | — | as long as short |
BingX AIXBT-USDT
BloFin AIXBT-USDT
GMX AIXBT/USD [ETH-USDC]
Reya AIXBTRUSDPERP