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

C98

all C98 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2297%/8h= +251.5% APRpaid last 24h −0.247%
Price spread now: Kraken Futures against KuCoin+0.470%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 +$69 a day on $10k at the current rate, and Kraken Futures is 0.470% dearer against KuCoin than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin C98USDTM0.016420.0100pay 0.0100% / 8h20m 50s$199K$38K20x
ShortKraken Futures PF_C98USD0.016500.2397get 0.0300% / 1h20m 50s$16K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against KuCoin. 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
$482.37
Price spread: +0.470% → 0.000%
$46.96
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$507.33
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago15.27 bp394.4 bp −$394doesn't fitdoesn'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 venues

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%8h0.01643+0.061%$1.4M$2.0M50xas long as short
Bybit C98USDT+0.0100%8h0.01641−0.055%$868K$285K25xas long as short
MEXC C98_USDT+0.0100%8h0.01643+0.061%$274K$106K100xas long as short
KuCoin C98USDTMlong+0.0100%8h0.01642long leg$199K$38K20x
Bitget C98USDT+0.0100%8h0.016420.000%$186K$344K50xas long as short
Variational Omni C98+0.0100%8h0.01641−0.079%$8K$202as long as short
BloFin C98-USDT+0.0104%8h0.01644+0.122%$133K$10K50xas long as short
Gate C98_USDT+0.0457%8h0.01645+0.183%$110K$47K25xas long as short
Kraken Futures PF_C98USDshort+0.2397%1h0.01650+0.470%$16K$4K10x