Funding you earn now, next payment 02:00 UTC+2.4056%/8h= +2634.1% APRpaid last 24h +3.244%
Price spread now: Kraken Futures against Bybit+0.517%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 +$722 a day on $10k at the current rate, and Kraken Futures is 0.517% dearer against Bybit than usual: you sell high and buy low: +$52 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 | Bybit DEEPUSDT | 0.01990 | 0.0100 | pay 0.0100% / 8h | 6h 47m | $4.3M | $2.7M | 50x |
| Short | Kraken Futures PF_DEEPUSD | 0.02000 | 2.4156 | get 0.3019% / 1h | 47m 06s | $8K | $7K | 10x |
Bybit DEEPUSDT
Kraken Futures PF_DEEPUSDFunding 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
- $5,051.73
- Price spread: +0.517% → 0.000%
- $51.74
- 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
- $5,082.47
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 7.52 bp | 37.1 bp −$37 | 307.5 bp −$3,075 | 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.
DEEP on 12 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 DEEPUSDT | +0.0100% | 4h | 0.01998 | +0.403% | $2.2M | $6.1M | 50x | as long as short |
| Bybit DEEPUSDTlong | +0.0100% | 8h | 0.01990 | long leg | $4.3M | $2.7M | 50x | |
| Gate DEEP_USDT | +0.0100% | 4h | 0.01995 | +0.251% | $308K | $96K | 50x | as long as short |
| MEXC DEEP_USDT | +0.0100% | 4h | 0.01999 | +0.452% | $1.1M | $523K | 100x | as long as short |
| KuCoin DEEPUSDTM | +0.0100% | 4h | 0.02009 | +0.955% | $1.8M | $92K | 20x | as long as short |
| Bitget DEEPUSDT | +0.0100% | 4h | 0.01997 | +0.352% | $830K | $602K | 50x | as long as short |
| BingX DEEP-USDT | +0.0100% | 4h | 0.01995 | +0.251% | — | $6.6M | — | as long as short |
| Variational Omni DEEP | +0.0100% | 8h | 0.02010 | +1.014% | $13K | $9K | — | as long as short |
| Extended DEEP-USD | +0.0104% | 1h | 0.01999 | +0.472% | $4K | $212K | 5x | as long as short |
| BloFin DEEP-USDT | +0.0128% | 8h | 0.02005 | +0.754% | $145K | $33K | 50x | as long as short |
Binance DEEPUSDT
Gate DEEP_USDT
MEXC DEEP_USDT
KuCoin DEEPUSDTM
Bitget DEEPUSDT
BingX DEEP-USDT
Variational Omni DEEP
Extended DEEP-USD
BloFin DEEP-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bluefin DEEP-PERP | +0.0970% | 1h | 0.02001 | +0.553% | $82K | $13K | 20x | as long as short |
| Kraken Futures PF_DEEPUSDshort | +2.4156% | 1h | 0.02000 | +0.517% | $8K | $7K | 10x |
Bluefin DEEP-PERP