Funding you earn now, next payment 12:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.382%
Price spread now: MEXC against Kraken Futures−0.071%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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.071% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CETUSUSD | 0.02633 | 0.0355 | pay 0.0044% / 1h | 51m 20s | $10K | $26K | 10x |
| Short | MEXC CETUS_USDT | 0.02631 | 0.0100 | get 0.0050% / 4h | 51m 20s | $210K | $111K | 100x |
Kraken Futures PF_CETUSUSD
MEXC CETUS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$53.47
- Price spread: −0.071% → 0.000%
- −$7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$74.55
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 44 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 MEXC live order book, 44 min ago | 1.89 bp | 19.3 bp −$19 | 77.5 bp −$775 | 163.3 bp −$16.3K | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CETUSUSDT | +0.0100% | 4h | 0.02631 | −0.055% | $1.4M | $4.4M | 50x | as long as short |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02636 | +0.108% | $439K | $906K | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02639 | +0.233% | $205K | $53K | 20x | as long as short |
| MEXC CETUS_USDTshort | +0.0100% | 4h | 0.02631 | −0.071% | $210K | $111K | 100x | |
| KuCoin CETUSUSDTM | +0.0100% | 4h | 0.02636 | +0.119% | $437K | $164K | 30x | as long as short |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02634 | +0.043% | $281K | $168K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02637 | +0.157% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02635 | +0.077% | $6K | $3K | — | as long as short |
| BloFin CETUS-USDT | +0.0122% | 4h | 0.02629 | −0.147% | $90K | $72K | 50x | as long as short |
| Kraken Futures PF_CETUSUSDlong | +0.0355% | 1h | 0.02633 | long leg | $10K | $26K | 10x |
Binance CETUSUSDT
Bybit CETUSUSDT
Gate CETUS_USDT
KuCoin CETUSUSDTM
Bitget CETUSUSDT
BingX CETUS-USDT
Variational Omni CETUS
BloFin CETUS-USDT