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−0.0651%/8h= −71.3% APRpaid last 24h +0.343%
Price spread now: Kraken Futures against BloFin+0.074%57s7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Kraken Futures is 0.074% dearer against BloFin than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 9 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CETUS-USDT0.026560.0080pay 0.0040% / 4h2h 36m$94K$94K50x
ShortKraken Futures PF_CETUSUSD0.02658−0.0572pay 0.0071% / 1h36m 15s$12K$32K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
−$136.8
Price spread: +0.074% → 0.000%
$7.4
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$151.39
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; 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 BloFin no order-book sample
Sell Kraken Futures no order-book sample
BloFin and 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%1h0.02658+0.074%$12K$32K10x
BloFin CETUS-USDTlong+0.0080%4h0.02656long leg$94K$94K50x
Binance CETUSUSDT+0.0100%4h0.02656−0.017%$1.4M$5.9M50xas long as short
Bybit CETUSUSDT+0.0100%4h0.02659+0.124%$416K$1.0M13xas long as short
Gate CETUS_USDT+0.0100%4h0.02659+0.113%$207K$105K20xas long as short
MEXC CETUS_USDT+0.0100%4h0.02658+0.075%$223K$134K100xas long as short
KuCoin CETUSUSDTM+0.0100%4h0.02658+0.075%$450K$236K30xas long as short
Bitget CETUSUSDT+0.0100%4h0.02658+0.075%$283K$212K25xas long as short
BingX CETUS-USDT+0.0100%4h0.02657+0.038%$1.4Mas long as short
Variational Omni CETUS+0.0100%4h0.02658+0.094%$6K$14Kas long as short