Funding you earn now, next payment 03:00 UTC+0.0033%/8h= +3.6% APRpaid last 24h −0.055%
Price spread now: Bybit against Kraken Futures−0.164%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.038%+$104 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Bybit is 0.164% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.164% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 17 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+1.038% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CHZUSD | 0.01609 | 0.0067 | pay 0.0008% / 1h | 52m 44s | $74K | $63K | 25x |
| Short | Bybit CHZUSDT | 0.01606 | 0.0100 | get 0.0100% / 8h | 5h 52m | $4.1M | $1.4M | 75x |
Kraken Futures PF_CHZUSD
Bybit CHZUSDTFunding 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
- $6.91
- Price spread: −0.164% → 0.000%
- −$16.37
- 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
- −$30.46
- Costs to cover
- 0.210%
- Break-even
- 37.9 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 5 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, 5 min ago | 3.12 bp | 38.3 bp −$38 | 150.2 bp −$1,502 | 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.
CHZ on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX CHZ-USD | 0.0000% | 1h | 0.01606 | −0.153% | $3K | $652 | 5x | as long as short |
| Injective CHZ/USDC PERP | +0.0033% | 1h | 0.01574 | −2.153% | $1K | $7 | 5.5x | as long as short |
| Kraken Futures PF_CHZUSDlong | +0.0067% | 1h | 0.01609 | long leg | $74K | $63K | 25x | |
| Aster CHZUSDT | +0.0100% | 8h | 0.01609 | −0.007% | $21K | $20K | 10x | as long as short |
| Binance CHZUSDT | +0.0100% | 8h | 0.01610 | +0.085% | $6.9M | $12.6M | 75x | as long as short |
| Bybit CHZUSDTshort | +0.0100% | 8h | 0.01606 | −0.164% | $4.1M | $1.4M | 75x | |
| OKX CHZ-USDT-SWAP | +0.0100% | 8h | 0.01610 | +0.085% | $1.6M | $3.1M | 50x | as long as short |
| Gate CHZ_USDT | +0.0100% | 8h | 0.01607 | −0.102% | $325K | $335K | 50x | as long as short |
| MEXC CHZ_USDT | +0.0100% | 8h | 0.01609 | +0.023% | $4.4M | $906K | 200x | as long as short |
| KuCoin CHZUSDTM | +0.0100% | 8h | 0.01608 | −0.039% | $723K | $155K | 50x | as long as short |
dYdX CHZ-USD
Injective CHZ/USDC PERP
Aster CHZUSDT
Binance CHZUSDT
OKX CHZ-USDT-SWAP
Gate CHZ_USDT
MEXC CHZ_USDT
KuCoin CHZUSDTMShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CHZUSDT | +0.0100% | 8h | 0.01608 | −0.039% | $3.8M | $810K | 75x | as long as short |
| BingX CHZ-USDT | +0.0100% | 8h | 0.01608 | −0.039% | — | $2.4M | — | as long as short |
| Variational Omni CHZ | +0.0100% | 8h | 0.01612 | +0.193% | $4K | $4K | — | as long as short |
| ApeX Omni CHZUSDT | +0.0100% | 1h | 0.01606 | −0.164% | $45K | $670K | 50x | as long as short |
| SoDEX CHZ-USD | +0.0100% | 1h | 0.01607 | −0.102% | $283 | $6K | 5x | as long as short |
| HTX CHZ-USDT | +0.0100% | 8h | 0.01604 | −0.288% | $53K | $82K | 20x | as long as short |
| Extended CHZ-USD | +0.0104% | 1h | 0.01609 | +0.038% | $4K | $362K | 10x | as long as short |
| GMX CHZ/USD [ETH-USDC] | L +0.0475% / S −0.0233% | 1h | 0.01606 | −0.133% | $8K | — | 50x | as long as short |
Bitget CHZUSDT
BingX CHZ-USDT
Variational Omni CHZ
ApeX Omni CHZUSDT
SoDEX CHZ-USD
HTX CHZ-USDT
Extended CHZ-USD
GMX CHZ/USD [ETH-USDC]