Funding arb · Price arb /

CETUS

all CETUS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Binance+0.112%7-day average +0.139% · you sell dearer than you buy

Net, funding: paid 7d − costs−$881as in the Funding arb table

Net, price: spread back to 7d avg − costs−$887as in the Price arb table

costs, in and out, $10k−$8848.841% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.112%, 7d avg +0.139%

Together, before fees−0.022%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.139%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CETUSUSDT	0.02690	0.0100	pay 0.0050% / 4h	3h 44m	$1.5M	$6.1M	50x
Short	Gate CETUS_USDT	0.02693	0.0100	get 0.0050% / 4h	3h 44m	$212K	$114K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.112%Rate

Funding earned: $0
Price spread: +0.112% → +0.139%: −$2.78
Slippage, 4 orders: −$859.1
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$886.88
Costs to cover: 8.841%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; Gate: live order book, 22 min ago.

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 Binance live order book, 9 min ago	5.58 bp	34.4 bp −$34	233.9 bp −$2,339	doesn't fit	doesn't fit
Sell Gate live order book, 22 min ago	9.35 bp	270.1 bp −$270	doesn't fit	doesn't fit	doesn't fit

CETUS 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_CETUSUSD	−0.0789%	1h	0.02691	+0.055%	$13K	$32K	10x	as long as short
BloFin CETUS-USDT	+0.0044%	4h	0.02687	−0.112%	$96K	$80K	50x	as long as short
Binance CETUSUSDTlong	+0.0100%	4h	0.02690	long leg	$1.5M	$6.1M	50x
Bybit CETUSUSDT	+0.0100%	4h	0.02692	+0.086%	$426K	$1.1M	13x	as long as short
Gate CETUS_USDTshort	+0.0100%	4h	0.02693	+0.112%	$212K	$114K	20x
MEXC CETUS_USDT	+0.0100%	4h	0.02691	+0.037%	$224K	$138K	100x	as long as short
KuCoin CETUSUSDTM	+0.0100%	4h	0.02694	+0.149%	$469K	$253K	30x	as long as short
Bitget CETUSUSDT	+0.0100%	4h	0.02694	+0.149%	$292K	$227K	25x	as long as short
BingX CETUS-USDT	+0.0100%	4h	0.02692	+0.074%	—	$1.4M	—	as long as short
Variational Omni CETUS	+0.0100%	4h	0.02686	−0.144%	$6K	$14K	—	as long as short