Funding you earn now, next payment 04:00 UTC+0.0588%/8h= +64.4% APRpaid last 24h −0.356%
Price spread now: Binance against Kraken Futures−0.114%7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. Binance is 0.114% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 16 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CETUSUSD | 0.02702 | −0.0488 | get 0.0061% / 1h | 26m 40s | $13K | $32K | 10x |
| Short | Binance CETUSUSDT | 0.02699 | 0.0100 | get 0.0050% / 4h | 26m 40s | $1.4M | $6.0M | 50x |
Kraken Futures PF_CETUSUSD
Binance CETUSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Kraken Futures. 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
- $123.57
- Price spread: −0.114% → 0.000%
- −$11.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $92.15
- Costs to cover
- 0.200%
- Break-even
- 1.8 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 12 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 3.72 bp | 56.1 bp −$56 | 226.7 bp −$2,267 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CETUSUSDlong | −0.0488% | 1h | 0.02702 | long leg | $13K | $32K | 10x | |
| Binance CETUSUSDTshort | +0.0100% | 4h | 0.02699 | −0.114% | $1.4M | $6.0M | 50x | |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02703 | +0.030% | $419K | $1.0M | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02707 | +0.197% | $213K | $109K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02699 | −0.099% | $233K | $137K | 100x | as long as short |
| KuCoin CETUSUSDTM | +0.0100% | 4h | 0.02703 | +0.049% | $470K | $226K | 30x | as long as short |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02701 | −0.025% | $292K | $213K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02704 | +0.086% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02710 | +0.294% | $6K | $14K | — | as long as short |
| BloFin CETUS-USDT | +0.0105% | 4h | 0.02697 | −0.173% | $95K | $76K | 50x | as long as short |
Bybit CETUSUSDT
Gate CETUS_USDT
MEXC CETUS_USDT
KuCoin CETUSUSDTM
Bitget CETUSUSDT
BingX CETUS-USDT
Variational Omni CETUS
BloFin CETUS-USDT