Funding you earn now, next payment 06:00 UTC+0.1467%/8h= +160.7% APRpaid last 24h +0.244%
Price spread now: Binance against Kraken Futures+0.351%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−4.477%−$448 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Binance is 0.351% dearer against Kraken Futures than usual: you sell high and buy low: +$35 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −4.477%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CATIUSD | 0.06645 | −0.1367 | get 0.0171% / 1h | 37m 10s | $7K | $10K | 10x |
| Short | Binance CATIUSDT | 0.06668 | 0.0100 | get 0.0050% / 4h | 2h 37m | $3.6M | $1.9M | 50x |
Kraken Futures PF_CATIUSD
Binance CATIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $308.12
- Price spread: +0.351% → 0.000%
- $35.05
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $323.17
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 14 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 14 min ago | 1.49 bp | 24.1 bp −$24 | 203.1 bp −$2,031 | doesn't fit | doesn'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.
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_CATIUSDlong | −0.1367% | 1h | 0.06645 | long leg | $7K | $10K | 10x | |
| BloFin CATI-USDT | +0.0045% | 4h | 0.06659 | +0.215% | $238K | $42K | 50x | as long as short |
| Binance CATIUSDTshort | +0.0100% | 4h | 0.06668 | +0.351% | $3.6M | $1.9M | 50x | |
| Bybit CATIUSDT | +0.0100% | 4h | 0.06662 | +0.260% | $997K | $305K | 25x | as long as short |
| Gate CATI_USDT | +0.0100% | 4h | 0.06666 | +0.320% | $73K | $66K | 25x | as long as short |
| MEXC CATI_USDT | +0.0100% | 4h | 0.06670 | +0.381% | $561K | $255K | 100x | as long as short |
| KuCoin CATIUSDTM | +0.0100% | 4h | 0.06662 | +0.260% | $229K | $29K | 30x | as long as short |
| Bitget CATIUSDT | +0.0100% | 4h | 0.06676 | +0.471% | $365K | $81K | 50x | as long as short |
| BingX CATI-USDT | +0.0100% | 4h | 0.06663 | +0.275% | — | $6.5M | — | as long as short |
| Variational Omni CATI | +0.0100% | 4h | 0.06654 | +0.139% | $652 | $3 | — | as long as short |
BloFin CATI-USDT
Bybit CATIUSDT
Gate CATI_USDT
MEXC CATI_USDT
KuCoin CATIUSDTM
Bitget CATIUSDT
BingX CATI-USDT
Variational Omni CATI