Funding you earn now, next payment 10:00 UTC+0.0338%/8h= +37.0% APRpaid last 24h −0.048%
Price spread now: Bybit against Kraken Futures+0.099%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 +$10 a day on $10k at the current rate, and Bybit is 0.099% dearer against Kraken Futures than usual: you sell high and buy low: +$10 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 | Kraken Futures PF_REZUSD | 0.003854 | 0.0162 | pay 0.0020% / 1h | 54m 46s | $44K | $7K | 10x |
| Short | Bybit REZUSDT | 0.003858 | 0.0500 | get 0.0250% / 4h | 2h 54m | $1.6M | $1.1M | 25x |
Kraken Futures PF_REZUSD
Bybit REZUSDTFunding 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
- $71.04
- Price spread: +0.099% → 0.000%
- $9.87
- 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
- $59.91
- Costs to cover
- 0.210%
- Break-even
- 1.1 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 2 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, 2 min ago | 2.57 bp | 69.7 bp −$70 | 194.2 bp −$1,942 | 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.
REZ 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin REZ-USDT | +0.0048% | 4h | 0.003856 | +0.047% | $320K | $31K | 50x | as long as short |
| Aster REZUSDT | +0.0100% | 4h | 0.003856 | +0.043% | $18K | $40K | 5x | as long as short |
| Binance REZUSDT | +0.0100% | 4h | 0.003848 | −0.151% | $5.0M | $8.3M | 50x | as long as short |
| MEXC REZ_USDT | +0.0100% | 4h | 0.003852 | −0.057% | $1.3M | $378K | 50x | as long as short |
| KuCoin REZUSDTM | +0.0100% | 4h | 0.003860 | +0.151% | $450K | $66K | 30x | as long as short |
| Bitget REZUSDT | +0.0100% | 4h | 0.003853 | −0.031% | $593K | $1.2M | 50x | as long as short |
| Kraken Futures PF_REZUSDlong | +0.0162% | 1h | 0.003854 | long leg | $44K | $7K | 10x | |
| Gate REZ_USDT | +0.0188% | 4h | 0.003870 | +0.410% | $394K | $112K | 10x | as long as short |
| Variational Omni REZ | +0.0261% | 4h | 0.003886 | +0.831% | $151K | $111K | — | as long as short |
| Hyperliquid REZ | +0.0463% | 1h | 0.003859 | +0.125% | $1.6M | $538K | 3x | as long as short |
BloFin REZ-USDT
Aster REZUSDT
Binance REZUSDT
MEXC REZ_USDT
KuCoin REZUSDTM
Bitget REZUSDT
Gate REZ_USDT
Variational Omni REZ
Hyperliquid REZShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit REZUSDTshort | +0.0500% | 4h | 0.003858 | +0.099% | $1.6M | $1.1M | 25x | |
| BingX REZ-USDT | +0.0558% | 4h | 0.003852 | −0.057% | — | $6.6M | — | as long as short |
BingX REZ-USDT