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: Bybit against Kraken Futures+0.192%55s7-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 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 for this trade now. Funding pays +$44 a day on $10k at the current rate, and Bybit is 0.192% dearer against Kraken Futures than usual: you sell high and buy low: +$19 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. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CATIUSD0.06648−0.1367get 0.0171% / 1h37m 23s$7K$10K10x
ShortBybit CATIUSDT0.066610.0100get 0.0050% / 4h2h 37m$997K$305K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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 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: +0.192% → 0.000%
$19.23
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$306.2
Costs to cover
0.210%
Break-even
0.0 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 3 min ago. 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 Kraken Futures no order-book sample
Sell Bybit live order book, 3 min ago3.76 bp96.1 bp −$96doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CATIUSDlong−0.1367%1h0.06648long leg$7K$10K10x
BloFin CATI-USDT+0.0042%4h0.06652+0.057%$236K$42K50xas long as short
Binance CATIUSDT+0.0100%4h0.06668+0.298%$3.6M$1.9M50xas long as short
Bybit CATIUSDTshort+0.0100%4h0.06661+0.192%$997K$305K25x
Gate CATI_USDT+0.0100%4h0.06666+0.268%$73K$66K25xas long as short
MEXC CATI_USDT+0.0100%4h0.06670+0.328%$561K$255K100xas long as short
KuCoin CATIUSDTM+0.0100%4h0.06660+0.177%$229K$29K30xas long as short
Bitget CATIUSDT+0.0100%4h0.06675+0.403%$365K$81K50xas long as short
BingX CATI-USDT+0.0100%4h0.06662+0.207%$6.5Mas long as short
Variational Omni CATI+0.0100%4h0.06654+0.087%$652$3as long as short