Settings8H · net · $10k
Funding arb · Price arb /

CETUS

all CETUS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0672%/8h= −73.6% APRpaid last 24h +0.344%
Price spread now: Kraken Futures against BingX−0.100%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Kraken Futures is 0.100% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CETUS-USDT0.026590.0100pay 0.0050% / 4h2h 37m$1.4M
ShortKraken Futures PF_CETUSUSD0.02656−0.0572pay 0.0072% / 1h37m 45s$12K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BingX. 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
−$141.17
Price spread: −0.100% → 0.000%
−$9.98
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$171.15
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: 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
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 4 min ago11.29 bp34.7 bp −$35149.4 bp −$1,494689.0 bp −$68.9Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_CETUSUSDshort−0.0572%1h0.02656−0.100%$12K$32K10x
Binance CETUSUSDT+0.0100%4h0.02661+0.075%$1.4M$5.9M50xas long as short
Bybit CETUSUSDT+0.0100%4h0.02663+0.135%$416K$1.0M13xas long as short
Gate CETUS_USDT+0.0100%4h0.02656−0.113%$207K$105K20xas long as short
MEXC CETUS_USDT+0.0100%4h0.026590.000%$223K$134K100xas long as short
KuCoin CETUSUSDTM+0.0100%4h0.02658−0.038%$450K$236K30xas long as short
Bitget CETUSUSDT+0.0100%4h0.02666+0.263%$283K$212K25xas long as short
BingX CETUS-USDTlong+0.0100%4h0.02659long leg$1.4M
Variational Omni CETUS+0.0100%4h0.02658−0.019%$6K$14Kas long as short
BloFin CETUS-USDT+0.0135%4h0.02652−0.263%$93K$94K50xas long as short