Funding you earn now, next payment 05:00 UTC−0.0548%/8h= −60.0% APRpaid last 24h −0.248%
Price spread now: Kraken Futures against Binance−0.299%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+4.466%+$447 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.299% cheaper against Binance than usual: you would sell low and buy high (−$30 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +4.466%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CATIUSDT | 0.06720 | 0.0100 | pay 0.0050% / 4h | 3h 30m | $3.7M | $1.9M | 50x |
| Short | Kraken Futures PF_CATIUSD | 0.06700 | −0.0448 | pay 0.0056% / 1h | 30m 57s | $8K | $10K | 10x |
Binance CATIUSDT
Kraken Futures PF_CATIUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$115.02
- Price spread: −0.299% → 0.000%
- −$29.88
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$164.91
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 5 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 Binance live order book, 5 min ago | 3.72 bp | 27.8 bp −$28 | 283.6 bp −$2,836 | 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.
CATI on 10 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_CATIUSDshort | −0.0448% | 1h | 0.06700 | −0.299% | $8K | $10K | 10x | |
| Binance CATIUSDTlong | +0.0100% | 4h | 0.06720 | long leg | $3.7M | $1.9M | 50x | |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06705 | −0.230% | $1.0M | $305K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06708 | −0.186% | $72K | $62K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06719 | −0.022% | $565K | $247K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06710 | −0.156% | $231K | $29K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06717 | −0.052% | $368K | $81K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06710 | −0.156% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06706 | −0.211% | $655 | $3 | — | as long as short |
| BloFin CATI-USDT | +0.0156% | 4h | 0.06710 | −0.156% | $238K | $42K | 50x | as long as short |
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI
BloFin CATI-USDT