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

CATI

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1467%/8h= −160.6% APRpaid last 24h −0.244%
Price spread now: Kraken Futures against BingX−0.207%53s7-day average · you buy dearer than you sell
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 7 days+4.477%+$448 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$44 a day on $10k at the current rate, and Kraken Futures is 0.207% cheaper against BingX than usual: you would sell low and buy high (−$21 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 +4.477%, so the current rate has only just turned against you. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CATI-USDT0.066620.0100pay 0.0050% / 4h2h 37m$6.5M
ShortKraken Futures PF_CATIUSD0.06648−0.1367pay 0.0171% / 1h37m 18s$7K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
−$307.97
Price spread: −0.207% → 0.000%
−$20.69
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$348.66
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 9 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 BingX live order book, 9 min ago2.25 bp30.6 bp −$31187.2 bp −$1,872704.0 bp −$70.4K898.0 bp −$449.0K
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CATIUSDshort−0.1367%1h0.06648−0.207%$7K$10K10x
BloFin CATI-USDT+0.0042%4h0.06652−0.150%$236K$42K50xas long as short
Binance CATIUSDT+0.0100%4h0.06668+0.090%$3.6M$1.9M50xas long as short
Bybit CATIUSDT+0.0100%4h0.06661−0.015%$997K$305K25xas long as short
Gate CATI_USDT+0.0100%4h0.06666+0.060%$73K$66K25xas long as short
MEXC CATI_USDT+0.0100%4h0.06670+0.120%$561K$255K100xas long as short
KuCoin CATIUSDTM+0.0100%4h0.06660−0.030%$229K$29K30xas long as short
Bitget CATIUSDT+0.0100%4h0.06675+0.195%$365K$81K50xas long as short
BingX CATI-USDTlong+0.0100%4h0.06662long leg$6.5M
Variational Omni CATI+0.0100%4h0.06654−0.121%$652$3as long as short