Funding you earn now, next payment 07:00 UTC+0.0107%/8h= +11.7% APRpaid last 24h −0.346%
Price spread now: KuCoin against Kraken Futures+0.048%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 +$3 a day on $10k at the current rate, and KuCoin is 0.048% dearer against Kraken Futures than usual: you sell high and buy low: +$5 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 | Kraken Futures PF_CETUSUSD | 0.02675 | −0.0007 | get 0.0001% / 1h | 6m 04s | $13K | $32K | 10x |
| Short | KuCoin CETUSUSDTM | 0.02676 | 0.0100 | get 0.0050% / 4h | 1h 06m | $445K | $184K | 30x |
Kraken Futures PF_CETUSUSD
KuCoin CETUSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.41
- Price spread: +0.048% → 0.000%
- $4.82
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $5.23
- Costs to cover
- 0.220%
- Break-even
- 5.4 days
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 37 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 KuCoin live order book, 37 min ago | 18.69 bp | 247.1 bp −$247 | doesn't fit | 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 | −0.0007% | 1h | 0.02675 | long leg | $13K | $32K | 10x | |
| Binance CETUSUSDT | +0.0100% | 4h | 0.02675 | −0.001% | $1.4M | $5.5M | 50x | as long as short |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02678 | +0.123% | $441K | $1.0M | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02678 | +0.123% | $208K | $102K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02674 | −0.027% | $226K | $133K | 100x | as long as short |
| KuCoin CETUSUSDTMshort | +0.0100% | 4h | 0.02676 | +0.048% | $445K | $184K | 30x | |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02675 | +0.011% | $284K | $199K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02674 | −0.027% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02671 | −0.152% | $6K | $14K | — | as long as short |
| BloFin CETUS-USDT | +0.0151% | 4h | 0.02667 | −0.288% | $92K | $86K | 50x | as long as short |
Binance CETUSUSDT
Bybit CETUSUSDT
Gate CETUS_USDT
MEXC CETUS_USDT
Bitget CETUSUSDT
BingX CETUS-USDT
Variational Omni CETUS
BloFin CETUS-USDT