Funding you earn now, next payment 02:00 UTC−0.0369%/8h= −40.4% APRpaid last 24h +0.338%
Price spread now: Kraken Futures against Binance+0.119%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.119% dearer against Binance than usual: you sell high and buy low (spread +0.119% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CETUSUSDT | 0.02697 | 0.0100 | pay 0.0050% / 4h | 2h 49m | $1.5M | $6.1M | 50x |
| Short | Kraken Futures PF_CETUSUSD | 0.02700 | −0.0269 | pay 0.0034% / 1h | 49m 39s | $13K | $32K | 10x |
Binance CETUSUSDT
Kraken Futures PF_CETUSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- −$77.39
- Price spread: +0.119% → 0.000%
- $11.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$85.46
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 4 min ago | 1.86 bp | 37.8 bp −$38 | 264.6 bp −$2,646 | doesn't fit | doesn'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.
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_CETUSUSDshort | −0.0269% | 1h | 0.02700 | +0.119% | $13K | $32K | 10x | |
| Binance CETUSUSDTlong | +0.0100% | 4h | 0.02697 | long leg | $1.5M | $6.1M | 50x | |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02697 | +0.011% | $430K | $1.1M | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02700 | +0.122% | $212K | $111K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02698 | +0.048% | $249K | $141K | 100x | as long as short |
| KuCoin CETUSUSDTM | +0.0100% | 4h | 0.02709 | +0.456% | $473K | $248K | 30x | as long as short |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02698 | +0.048% | $295K | $216K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02698 | +0.048% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02698 | +0.062% | $6K | $14K | — | as long as short |
| BloFin CETUS-USDT | +0.0105% | 4h | 0.02690 | −0.249% | $98K | $71K | 50x | as long as short |
Bybit CETUSUSDT
Gate CETUS_USDT
MEXC CETUS_USDT
KuCoin CETUSUSDTM
Bitget CETUSUSDT
BingX CETUS-USDT
Variational Omni CETUS
BloFin CETUS-USDT