Funding you earn now, next payment 03:00 UTC+0.1103%/8h= +120.8% APRpaid last 24h +0.065%
Price spread now: Kraken Futures against Bybit+0.121%7-day average +0.176% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1791.790% of the position
Funding, last 7 days−0.302%−$30 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now +0.121%, 7d avg +0.176%
=Funding pays, the price is against you. Kraken Futures is 0.055% cheaper against Bybit than usual: you would sell low and buy high (spread +0.121% now, against its 7-day average of +0.176%). If the spread goes back, that is −$6 on $10k: about 4 hours of funding at the current rate (+$33 a day). Mind the row above: over the last 7 days funding on this pair cost −0.302%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.302% in total (about -15.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit JASMYUSDT | 0.004383 | 0.0100 | pay 0.0100% / 8h | 5h 26m | $3.8M | $2.2M | 75x |
| Short | Kraken Futures PF_JASMYUSD | 0.004388 | 0.1203 | get 0.0150% / 1h | 26m 45s | $250K | $207K | 20x |
Bybit JASMYUSDT
Kraken Futures PF_JASMYUSDFunding 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
- $231.71
- Price spread: +0.121% → +0.176%
- −$5.54
- Slippage, 4 orders
- −$158.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $47.15
- Costs to cover
- 1.790%
- Break-even
- 5.6 days
Slippage from Bybit: live order book, 1 min ago; Kraken Futures: live order book, 36 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, 1 min ago | 2.28 bp | 18.8 bp −$19 | 47.2 bp −$472 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 36 min ago | 31.67 bp | 71.5 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
JASMY 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International JASMY-PERP-INTX | −0.0288% | 1h | 0.004409 | +0.593% | $16K | $19K | 25x | as long as short |
| Aster JASMYUSDT | +0.0100% | 8h | 0.004389 | +0.142% | $7K | $19K | 5x | as long as short |
| Binance JASMYUSDT | +0.0100% | 8h | 0.004389 | +0.127% | $3.4M | $5.2M | 75x | as long as short |
| Bybit JASMYUSDTlong | +0.0100% | 8h | 0.004383 | long leg | $3.8M | $2.2M | 75x | |
| Gate JASMY_USDT | +0.0100% | 8h | 0.004382 | −0.023% | $445K | $289K | 75x | as long as short |
| MEXC JASMY_USDT | +0.0100% | 8h | 0.004388 | +0.114% | $9.9M | $2.7M | 200x | as long as short |
| KuCoin JASMYUSDTM | +0.0100% | 8h | 0.004386 | +0.068% | $3.4M | $2.6M | 50x | as long as short |
| Bitget JASMYUSDT | +0.0100% | 8h | 0.004387 | +0.091% | $1.7M | $555K | 50x | as long as short |
| BingX JASMY-USDT | +0.0100% | 8h | 0.004387 | +0.091% | — | $7.8M | — | as long as short |
| Variational Omni JASMY | +0.0100% | 8h | 0.004386 | +0.059% | $124K | $34K | — | as long as short |
Coinbase International JASMY-PERP-INTX
Aster JASMYUSDT
Binance JASMYUSDT
Gate JASMY_USDT
MEXC JASMY_USDT
KuCoin JASMYUSDTM
Bitget JASMYUSDT
BingX JASMY-USDT
Variational Omni JASMYShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended JASMY-USD | +0.0104% | 1h | 0.004387 | +0.083% | $2K | $195K | 10x | as long as short |
| BloFin JASMY-USDT | +0.0220% | 8h | 0.004383 | 0.000% | $224K | $229K | 75x | as long as short |
| Kraken Futures PF_JASMYUSDshort | +0.1203% | 1h | 0.004388 | +0.121% | $250K | $207K | 20x | |
| Deribit JASMY_USDC-PERPETUAL | +0.1575% | 1h | 0.004391 | +0.183% | — | — | 10x | as long as short |
Extended JASMY-USD
BloFin JASMY-USDT
Deribit JASMY_USDC-PERPETUAL