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

C98

all C98 markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.1460%/8h= −159.9% APRpaid last 24h +0.053%
Price spread now: BloFin against Kraken Futures+0.236%57s7-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
The price spread pays, funding is against you. BloFin is 0.236% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.236% now, against zero (this spread has no 7-day history yet)): +$24 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_C98USD0.016400.1564pay 0.0195% / 1h51m 27s$15K$2K10x
ShortBloFin C98-USDT0.016440.0103get 0.0103% / 8h4h 51m$140K$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$306.65
Price spread: +0.236% → 0.000%
$23.55
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$305.09
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 45 min ago. 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 Kraken Futures no order-book sample
Sell BloFin live order book, 45 min ago6.07 bp20.4 bp −$2077.9 bp −$779doesn't fitdoesn'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.

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%8h0.01630−0.618%$1.4M$1.9M50xas long as short
Bybit C98USDT+0.0100%8h0.01632−0.484%$856K$244K25xas long as short
Gate C98_USDT+0.0100%8h0.01632−0.496%$106K$53K25xas long as short
MEXC C98_USDT+0.0100%8h0.01631−0.557%$278K$103K100xas long as short
KuCoin C98USDTM+0.0100%8h0.01632−0.496%$196K$33K20xas long as short
Bitget C98USDT+0.0100%8h0.01632−0.496%$185K$315K50xas long as short
Variational Omni C98+0.0100%8h0.01648+0.483%$8K$1as long as short
BloFin C98-USDTshort+0.0103%8h0.01644+0.236%$140K$9K50x
Kraken Futures PF_C98USDlong+0.1564%1h0.01640long leg$15K$2K10x