Settings8H · net · $10k
Funding arb · Price arb /

LSK

all LSK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.5243%/8h= +574.2% APRnext payment +$6.55 per $10,000 · paid last 24h −0.011%
Price spread now: Bybit against Kraken Futures+0.246%7-day average +0.633% · you sell dearer than you buy
Net, funding: paid 7d − costs−$688as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1641.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−5.235%−$523 on $10k
Price spread, last 4 days (all we have)+2.356%+$236 · spread now +0.246%, 7d avg +0.633%
Together, before fees−2.879%−$288 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.387% cheaper against Kraken Futures than usual: you would sell low and buy high (spread +0.246% now, against its 7-day average of +0.633%). If the spread goes back, that is −$39 on $10k: about 6 hours of funding at the current rate (+$157 a day). Mind the row above: over the last 7 days funding on this pair cost −5.235%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_LSKUSD0.3454−0.5143get 0.0643% / 1h31m 54s$105K$355K10x
ShortBybit LSKUSDT0.34620.0100get 0.0013% / 1h31m 54s$9.1M$21.4M25x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1,101.11
Price spread: +0.246% → +0.633%
−$38.67
Slippage, 4 orders
−$143.15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$898.3
Costs to cover
1.641%
Break-even
1.3 days
Slippage from Kraken Futures: live order book, 1 min ago; Bybit: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 1 min ago46.30 bp54.7 bp −$55239.4 bp −$2,394doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago1.30 bp26.0 bp −$26238.1 bp −$2,381doesn't fitdoesn't fit

LSK on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate LSK_USDT−0.6128%1h0.3453−0.023%$1.4M$2.7M20xas long as short
Binance LSKUSDT−0.5700%1h0.3454+0.016%$15.3M$100.7M50xas long as short
MEXC LSK_USDT−0.5640%1h0.3453−0.034%$9.0M$2.3M20xas long as short
BingX LSK-USDT−0.5392%1h0.3459+0.139%$2.9Mas long as short
Kraken Futures PF_LSKUSDlong−0.5143%1h0.3454long leg$105K$355K10x
Aster LSKUSDT−0.4727%1h0.3464+0.293%$50K$184K5xas long as short
HTX LSK-USDT−0.3561%1h0.3446−0.217%$39K$320K20xas long as short
Bitget LSKUSDT−0.0936%1h0.3446−0.226%$2.7M$9.9M50xas long as short
Bybit LSKUSDTshort+0.0100%1h0.3462+0.246%$9.1M$21.4M25x
Variational Omni LSK+0.0100%1h0.3475+0.613%$31K$192Kas long as short