Funding you earn now, next payment 06:00 UTC−0.0812%/8h= −88.9% APRpaid last 24h −0.181%
Price spread now: Kraken Futures against Bybit−0.002%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$24 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ZBTUSDT | 0.08541 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $916K | $936K | 25x |
| Short | Kraken Futures PF_ZBTUSD | 0.08541 | −0.0712 | pay 0.0089% / 1h | 5m 29s | $7K | $1K | 10x |
Bybit ZBTUSDT
Kraken Futures PF_ZBTUSDFunding 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
- −$170.5
- Price spread: −0.002% → 0.000%
- −$0.24
- 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
- −$191.75
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 40 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, 40 min ago | 1.74 bp | 41.8 bp −$42 | 758.0 bp −$7,580 | 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.
ZBT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_ZBTUSDshort | −0.0712% | 1h | 0.08541 | −0.002% | $7K | $1K | 10x | |
| Aster ZBTUSDT | +0.0100% | 4h | 0.08547 | +0.071% | $10K | $43K | 5x | as long as short |
| Binance ZBTUSDT | +0.0100% | 4h | 0.08542 | +0.012% | $3.5M | $4.9M | 50x | as long as short |
| Bybit ZBTUSDTlong | +0.0100% | 4h | 0.08541 | long leg | $916K | $936K | 25x | |
| OKX ZBT-USDT-SWAP | +0.0100% | 4h | 0.08531 | −0.117% | $619K | $2.1M | 10x | as long as short |
| Gate ZBT_USDT | +0.0100% | 8h | 0.08549 | +0.094% | $534K | $674K | 50x | as long as short |
| MEXC ZBT_USDT | +0.0100% | 4h | 0.08536 | −0.059% | $1.5M | $287K | 100x | as long as short |
| KuCoin ZBTUSDTM | +0.0100% | 4h | 0.08543 | +0.023% | $679K | $9.4M | 50x | as long as short |
| Bitget ZBTUSDT | +0.0100% | 4h | 0.08543 | +0.023% | $6.2M | $296K | 10x | as long as short |
| BingX ZBT-USDT | +0.0100% | 4h | 0.08532 | −0.105% | — | $1.3M | — | as long as short |
Aster ZBTUSDT
Binance ZBTUSDT
OKX ZBT-USDT-SWAP
Gate ZBT_USDT
MEXC ZBT_USDT
KuCoin ZBTUSDTM
Bitget ZBTUSDT
BingX ZBT-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ZBT | +0.0100% | 4h | 0.08542 | +0.006% | $1K | $13K | — | as long as short |
| Extended ZBT-USD | +0.0104% | 1h | 0.08542 | +0.014% | $1K | $193K | 5x | as long as short |
| BloFin ZBT-USDT | +0.0123% | 4h | 0.08529 | −0.140% | $153K | $30K | 50x | as long as short |
Variational Omni ZBT
Extended ZBT-USD
BloFin ZBT-USDT