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: BingX against Gate−0.149%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$774as in the Funding arb table
Net, price: spread back to 7d avg − costs−$783as in the Price arb table
costs, in and out, $10k−$7747.737% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.149%, 7d avg −0.056%
Together, before fees+0.118%+$12 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: BingX is 0.093% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.056%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CETUS_USDT0.026880.0100pay 0.0050% / 4h2h 10m$211K$112K20x
ShortBingX CETUS-USDT0.026840.0100get 0.0050% / 4h2h 10m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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: −0.149% → −0.056%
−$9.31
Slippage, 4 orders
−$748.67
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$782.98
Costs to cover
7.737%
Break-even
never at this rate
Slippage from Gate: live order book, 51 min ago; BingX: live order book, 4 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 Gate live order book, 51 min ago9.26 bp518.6 bp −$519doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 4 min ago13.05 bp56.2 bp −$56138.7 bp −$1,387689.0 bp −$68.9K897.3 bp −$448.6K

CETUS on 9 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−0.0270%1h0.02686−0.073%$13K$32K10xas long as short
Binance CETUSUSDT+0.0100%4h0.02684−0.160%$1.5M$6.1M50xas long as short
Bybit CETUSUSDT+0.0100%4h0.02683−0.182%$425K$1.0M13xas long as short
Gate CETUS_USDTlong+0.0100%4h0.02688long leg$211K$112K20x
MEXC CETUS_USDT+0.0100%4h0.02683−0.186%$242K$143K100xas long as short
KuCoin CETUSUSDTM+0.0100%4h0.02693+0.186%$470K$245K30xas long as short
Bitget CETUSUSDT+0.0100%4h0.02683−0.186%$293K$214K25xas long as short
BingX CETUS-USDTshort+0.0100%4h0.02684−0.149%$1.4M
Variational Omni CETUS+0.0100%4h0.02683−0.194%$6K$14Kas long as short