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

CATI

all CATI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0603%/8h= −66.0% APRpaid last 24h −0.244%
Price spread now: Kraken Futures against BloFin−0.047%57s7-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+4.485%+$449 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 −$18 a day on $10k at the current rate, and Kraken Futures is 0.047% cheaper against BloFin than usual: you would sell low and buy high (−$5 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 +4.485%, so the current rate has only just turned against you. 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
LongBloFin CATI-USDT0.067100.0156pay 0.0078% / 4h3h 30m$238K$42K50x
ShortKraken Futures PF_CATIUSD0.06707−0.0447pay 0.0056% / 1h30m 18s$8K$10K10x

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
−$126.66
Price spread: −0.047% → 0.000%
−$4.74
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$153.4
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 61 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, 61 min ago1.50 bp15.9 bp −$16doesn'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.

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−0.0447%1h0.06707−0.047%$8K$10K10x
Binance CATIUSDT+0.0100%4h0.06721+0.164%$3.7M$1.9M50xas long as short
Bybit CATIUSDT+0.0100%4h0.06714+0.060%$1.0M$306K25xas long as short
Gate CATI_USDT+0.0100%4h0.06716+0.089%$72K$62K25xas long as short
MEXC CATI_USDT+0.0100%4h0.06722+0.179%$580K$248K100xas long as short
KuCoin CATIUSDTM+0.0100%4h0.06717+0.104%$231K$29K30xas long as short
Bitget CATIUSDT+0.0100%4h0.06717+0.104%$368K$81K50xas long as short
BingX CATI-USDT+0.0100%4h0.06716+0.089%$6.5Mas long as short
Variational Omni CATI+0.0100%4h0.06706−0.055%$655$3as long as short
BloFin CATI-USDTlong+0.0156%4h0.06710long leg$238K$42K50x