Funding you earn now, next payment 09:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.357%
Price spread now: Kraken Futures against Bitget+0.120%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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.120% dearer against Bitget than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CETUSUSDT | 0.02662 | 0.0100 | pay 0.0050% / 4h | 3h 39m | $285K | $197K | 25x |
| Short | Kraken Futures PF_CETUSUSD | 0.02665 | 0.0157 | get 0.0020% / 1h | 39m 34s | $12K | $32K | 10x |
Bitget CETUSUSDT
Kraken Futures PF_CETUSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $11.91
- Price spread: +0.120% → 0.000%
- $11.99
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1.91
- Costs to cover
- 0.220%
- Break-even
- 5.9 days
Slippage unknown: Bitget: live order book, 50 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 Bitget live order book, 50 min ago | 15.02 bp | 55.0 bp −$55 | 433.8 bp −$4,338 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CETUS-USDT | +0.0080% | 4h | 0.02664 | +0.075% | $91K | $86K | 50x | as long as short |
| Binance CETUSUSDT | +0.0100% | 4h | 0.02664 | +0.092% | $1.4M | $5.2M | 50x | as long as short |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02664 | +0.094% | $433K | $1.0M | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02664 | +0.075% | $207K | $95K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02663 | +0.038% | $227K | $125K | 100x | as long as short |
| KuCoin CETUSUSDTM | +0.0100% | 4h | 0.02674 | +0.451% | $446K | $179K | 30x | as long as short |
| Bitget CETUSUSDTlong | +0.0100% | 4h | 0.02662 | long leg | $285K | $197K | 25x | |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02661 | −0.038% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02669 | +0.254% | $6K | $10K | — | as long as short |
| Kraken Futures PF_CETUSUSDshort | +0.0157% | 1h | 0.02665 | +0.120% | $12K | $32K | 10x |
BloFin CETUS-USDT
Binance CETUSUSDT
Bybit CETUSUSDT
Gate CETUS_USDT
MEXC CETUS_USDT
KuCoin CETUSUSDTM
BingX CETUS-USDT
Variational Omni CETUS