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

C98

all C98 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1446%/8h= +158.3% APRpaid last 24h −0.053%
Price spread now: Kraken Futures against BloFin+0.323%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Kraken Futures is 0.323% dearer against BloFin than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin C98-USDT0.016310.0121pay 0.0121% / 8h4h 51m$140K$9K50x
ShortKraken Futures PF_C98USD0.016360.1567get 0.0196% / 1h51m 13s$15K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$303.65
Price spread: +0.323% → 0.000%
$32.34
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$313.99
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: live order book, 45 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 45 min ago6.07 bp25.4 bp −$2598.5 bp −$985doesn't fitdoesn'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.

C98 on 9 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance C98USDT+0.0100%8h0.01631+0.021%$1.4M$1.9M50xas long as short
Bybit C98USDT+0.0100%8h0.01630−0.055%$855K$245K25xas long as short
Gate C98_USDT+0.0100%8h0.01632+0.061%$106K$53K25xas long as short
MEXC C98_USDT+0.0100%8h0.016310.000%$278K$103K100xas long as short
KuCoin C98USDTM+0.0100%8h0.01632+0.061%$196K$33K20xas long as short
Bitget C98USDT+0.0100%8h0.016310.000%$185K$315K50xas long as short
Variational Omni C98+0.0100%8h0.01648+1.046%$8K$1as long as short
BloFin C98-USDTlong+0.0121%8h0.01631long leg$140K$9K50x
Kraken Futures PF_C98USDshort+0.1567%1h0.01636+0.323%$15K$2K10x