Funding you earn now, next payment 05:00 UTC+0.1350%/8h= +147.8% APRpaid last 24h +0.023%
Price spread now: Bybit against Kraken Futures+0.131%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$207as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3393.390% of the position
Funding, last 7 days+1.316%+$132 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.131%, 7d avg +0.039%
=Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Bybit is 0.093% dearer against Kraken Futures than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MUBARAKUSD | 0.05138 | 0.0212 | pay 0.0026% / 1h | 20m 18s | $59K | $480K | 10x |
| Short | Bybit MUBARAKUSDT | 0.05145 | 0.1561 | get 0.0781% / 4h | 3h 20m | $4.6M | $13.5M | 25x |
Kraken Futures PF_MUBARAKUSD
Bybit MUBARAKUSDTFunding 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
- $283.44
- Price spread: +0.131% → +0.039%
- $9.27
- Slippage, 4 orders
- −$318.03
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.32
- Costs to cover
- 3.390%
- Break-even
- 8.1 days
Slippage from Kraken Futures: live order book, 33 min ago; Bybit: live order book, 3 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 Kraken Futures live order book, 33 min ago | 78.63 bp | 115.2 bp −$115 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.84 bp | 38.3 bp −$38 | 148.7 bp −$1,487 | doesn't fit | doesn't fit |
MUBARAK on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MUBARAK-USDT-SWAP | +0.0100% | 4h | 0.05144 | +0.118% | $3.5M | $70.9M | 20x | as long as short |
| Variational Omni MUBARAK | +0.0100% | 4h | 0.05120 | −0.345% | $13K | $58K | — | as long as short |
| Kraken Futures PF_MUBARAKUSDlong | +0.0212% | 1h | 0.05138 | long leg | $59K | $480K | 10x | |
| MEXC MUBARAK_USDT | +0.0284% | 4h | 0.05149 | +0.213% | $1.2M | $1.6M | 50x | as long as short |
| Binance MUBARAKUSDT | +0.0290% | 4h | 0.05144 | +0.116% | $20.8M | $108.8M | 25x | as long as short |
| Bitget MUBARAKUSDT | +0.0534% | 4h | 0.05151 | +0.252% | $3.4M | $8.7M | 25x | as long as short |
| Aster MUBARAKUSDT | +0.0601% | 4h | 0.05138 | +0.005% | $17K | $527K | 5x | as long as short |
| KuCoin MUBARAKUSDTM | +0.0640% | 4h | 0.05134 | −0.079% | $1.9M | $1.3M | 30x | as long as short |
| Bybit MUBARAKUSDTshort | +0.1561% | 4h | 0.05145 | +0.131% | $4.6M | $13.5M | 25x | |
| BingX MUBARAK-USDT | +0.1566% | 4h | 0.05148 | +0.194% | — | $3.3M | — | as long as short |
OKX MUBARAK-USDT-SWAP
Variational Omni MUBARAK
MEXC MUBARAK_USDT
Binance MUBARAKUSDT
Bitget MUBARAKUSDT
Aster MUBARAKUSDT
KuCoin MUBARAKUSDTM
BingX MUBARAK-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MUBARAK_USDT | +0.2498% | 4h | 0.05151 | +0.252% | $8.5M | $6.0M | 50x | as long as short |
Gate MUBARAK_USDT