Funding you earn now, next payment 04:00 UTC−0.1250%/8h= −136.9% APRpaid last 24h −0.299%
Price spread now: Binance against Kraken Futures−0.156%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+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 −$38 a day on $10k at the current rate, and Binance is 0.156% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CTSIUSD | 0.02959 | 0.1350 | pay 0.0169% / 1h | 25m 18s | $19K | $8K | 10x |
| Short | Binance CTSIUSDT | 0.02955 | 0.0100 | get 0.0100% / 8h | 4h 25m | $2.6M | $3.6M | 50x |
Funding 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
- −$262.51
- Price spread: −0.156% → 0.000%
- −$15.62
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$298.14
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 11 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, 11 min ago | 3.40 bp | 30.6 bp −$31 | 124.7 bp −$1,247 | 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.
CTSI on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC CTSI_USDT | −0.0441% | 8h | 0.02951 | −0.277% | $450K | $128K | 50x | as long as short |
| Binance CTSIUSDTshort | +0.0100% | 8h | 0.02955 | −0.156% | $2.6M | $3.6M | 50x | |
| Gate CTSI_USDT | +0.0100% | 8h | 0.02952 | −0.244% | $439K | $219K | 25x | as long as short |
| KuCoin CTSIUSDTM | +0.0100% | 8h | 0.02952 | −0.244% | $231K | $62K | 30x | as long as short |
| Bitget CTSIUSDT | +0.0100% | 8h | 0.02951 | −0.277% | $296K | $249K | 50x | as long as short |
| BingX CTSI-USDT | +0.0100% | 8h | 0.02955 | −0.142% | — | $1.7M | — | as long as short |
| Kraken Futures PF_CTSIUSDlong | +0.1350% | 1h | 0.02959 | long leg | $19K | $8K | 10x |
Kraken Futures PF_CTSIUSD
Binance CTSIUSDT
MEXC CTSI_USDT
Gate CTSI_USDT
KuCoin CTSIUSDTM
Bitget CTSIUSDT
BingX CTSI-USDT