CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0014%/8h= −1.6% APRnext payment −$0.07 per $10,000 · paid last 24h −0.123%

Price spread now: OKX against Binance−0.003%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$77as in the Price arb table

costs, in and out, $10k−$810.809% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.029%−$3 on $10k

Price spread, last 7 days−0.250%−$25 · spread now −0.003%, 7d avg −0.045%

Together, before fees−0.279%−$28 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.043% dearer against Binance than usual: you sell high and buy low (spread −0.003% now, against its 7-day average of −0.045%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CAPUSDT	0.04631	0.0100	pay 0.0050% / 4h	1h 17m	$8.9M	$9.0M	10x
Short	OKX CAP-USDT-SWAP	0.04631	0.0086	get 0.0043% / 4h	1h 17m	$2.1M	$7.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now −0.003%Rate

Funding earned: −$3.02
Price spread: −0.003% → −0.045%: $4.26
Slippage, 4 orders: −$60.92
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$79.68
Costs to cover: 0.809%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; OKX: live order book, 5 min ago.

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 Binance live order book, 7 min ago	1.08 bp	14.6 bp −$15	158.0 bp −$1,580	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.08 bp	20.6 bp −$21	91.6 bp −$916	doesn't fit	doesn't fit

CAP on 14 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
KuCoin CAPUSDTM	−0.0480%	4h	0.04627	−0.089%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04626	−0.111%	—	—	150x	as long as short
OKX CAP-USDT-SWAPshort	+0.0086%	4h	0.04631	−0.003%	$2.1M	$7.3M	10x
BloFin CAP-USDT	+0.0087%	4h	0.04626	−0.111%	$376K	$61K	10x	as long as short
Lighter CAP	+0.0096%	1h	0.04629	−0.052%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04628	−0.061%	$26K	$66K	5x	as long as short
Binance CAPUSDTlong	+0.0100%	4h	0.04631	long leg	$8.9M	$9.0M	10x
Bybit CAPUSDT	+0.0100%	4h	0.04631	−0.003%	$4.5M	$4.2M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04629	−0.046%	$326K	$1.2M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04630	−0.024%	$547K	$233K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CAPUSDT	+0.0100%	4h	0.04627	−0.089%	$1.0M	$594K	10x	as long as short
BingX CAP-USDT	+0.0100%	4h	0.04631	−0.003%	—	$1.6M	—	as long as short
Variational Omni CAP	+0.0100%	4h	0.04636	+0.108%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04628	−0.059%	$4K	$1K	10x	as long as short