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

CETUS

all CETUS markets
SwapBacktest
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: Binance against Bitget−0.043%7-day average −0.153% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2162.163% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.043%, 7d avg −0.153%
Together, before fees−0.034%−$3 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: Binance is 0.110% dearer against Bitget than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.153%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CETUSUSDT0.027140.0100pay 0.0050% / 4h1h 20m$295K$215K25x
ShortBinance CETUSUSDT0.027130.0100get 0.0050% / 4h1h 20m$1.5M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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
$0
Price spread: −0.043% → −0.153%
$10.96
Slippage, 4 orders
−$194.34
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$205.38
Costs to cover
2.163%
Break-even
never at this rate
Slippage from Bitget: live order book, 34 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 34 min ago12.98 bp45.6 bp −$46416.1 bp −$4,161doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.84 bp58.0 bp −$58207.2 bp −$2,072doesn't fitdoesn't fit

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_CETUSUSD−0.0203%1h0.02716+0.069%$13K$32K10xas long as short
Binance CETUSUSDTshort+0.0100%4h0.02713−0.043%$1.5M$6.0M50x
Bybit CETUSUSDT+0.0100%4h0.02717+0.107%$429K$1.0M13xas long as short
Gate CETUS_USDT+0.0100%4h0.02713−0.037%$213K$110K20xas long as short
MEXC CETUS_USDT+0.0100%4h0.02712−0.074%$234K$140K100xas long as short
KuCoin CETUSUSDTM+0.0100%4h0.02726+0.442%$478K$226K30xas long as short
Bitget CETUSUSDTlong+0.0100%4h0.02714long leg$295K$215K25x
BingX CETUS-USDT+0.0100%4h0.027140.000%$1.4Mas long as short
Variational Omni CETUS+0.0100%4h0.02718+0.134%$6K$14Kas long as short
BloFin CETUS-USDT+0.0134%4h0.02718+0.147%$96K$76K50xas long as short