Funding you earn now, next payment 03:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h +0.351%
Price spread now: Kraken Futures against KuCoin−0.374%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 −$9 a day on $10k at the current rate, and Kraken Futures is 0.374% cheaper against KuCoin than usual: you would sell low and buy high (−$37 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 | KuCoin CETUSUSDTM | 0.02714 | 0.0100 | pay 0.0050% / 4h | 1h 12m | $476K | $226K | 30x |
| Short | Kraken Futures PF_CETUSUSD | 0.02704 | −0.0204 | pay 0.0025% / 1h | 12m 01s | $13K | $32K | 10x |
KuCoin CETUSUSDTM
Kraken Futures PF_CETUSUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- −$63.78
- Price spread: −0.374% → 0.000%
- −$37.44
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$123.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 11 min ago | 16.49 bp | 209.5 bp −$209 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_CETUSUSDshort | −0.0204% | 1h | 0.02704 | −0.374% | $13K | $32K | 10x | |
| Binance CETUSUSDT | +0.0100% | 4h | 0.02700 | −0.508% | $1.5M | $6.0M | 50x | as long as short |
| Bybit CETUSUSDT | +0.0100% | 4h | 0.02703 | −0.416% | $426K | $1.0M | 13x | as long as short |
| Gate CETUS_USDT | +0.0100% | 4h | 0.02706 | −0.295% | $213K | $110K | 20x | as long as short |
| MEXC CETUS_USDT | +0.0100% | 4h | 0.02700 | −0.516% | $233K | $140K | 100x | as long as short |
| KuCoin CETUSUSDTMlong | +0.0100% | 4h | 0.02714 | long leg | $476K | $226K | 30x | |
| Bitget CETUSUSDT | +0.0100% | 4h | 0.02706 | −0.295% | $294K | $215K | 25x | as long as short |
| BingX CETUS-USDT | +0.0100% | 4h | 0.02703 | −0.405% | — | $1.4M | — | as long as short |
| Variational Omni CETUS | +0.0100% | 4h | 0.02713 | −0.051% | $6K | $14K | — | as long as short |
| BloFin CETUS-USDT | +0.0112% | 4h | 0.02698 | −0.590% | $69K | $75K | 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