CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0144%/8h= −15.8% APRnext payment −$0.72 per $10,000 · paid last 24h +0.085%

Price spread now: Bitget against BingX−0.152%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$14as in the Funding arb table

Net, price: spread back to 7d avg − costs−$109as in the Price arb table

costs, in and out, $10k−$920.920% of the position

Long on BingX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.776%+$78 on $10k

Price spread, last 7 days+0.153%+$15 · spread now −0.152%, 7d avg +0.018%

Together, before fees+0.929%+$93 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.170% cheaper against BingX than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.018%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.776%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX CAP-USDT	0.04603	0.0100	pay 0.0050% / 4h	2h 12m	—	$1.6M	—
Short	Bitget CAPUSDT	0.04596	−0.0044	pay 0.0022% / 4h	2h 12m	$1.0M	$588K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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 BingXbpFee BitgetbpOrdersPrice spread, now −0.152%Rate

Funding earned: −$30.24
Price spread: −0.152% → +0.018%: −$16.96
Slippage, 4 orders: −$69.97
Fee BingX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$139.17
Costs to cover: 0.920%
Break-even: never at this rate

Slippage from BingX: live order book, 4 min ago; Bitget: live order book, 4 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 BingX live order book, 4 min ago	4.34 bp	22.7 bp −$23	83.4 bp −$834	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.42 bp	16.7 bp −$17	69.8 bp −$698	doesn't fit	doesn't fit

CAP on 13 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	−0.0796%	4h	0.04595	−0.174%	$4.4M	$1.4M	10x	as long as short
OKX CAP-USDT-SWAP	−0.0426%	4h	0.04597	−0.130%	$2.1M	$7.1M	10x	as long as short
Bitget CAPUSDTshort	−0.0044%	4h	0.04596	−0.152%	$1.0M	$588K	10x
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04602	−0.024%	—	—	150x	as long as short
Variational Omni CAP	+0.0090%	4h	0.04612	+0.199%	$8K	$8K	—	as long as short
Lighter CAP	+0.0096%	1h	0.04601	−0.052%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04599	−0.085%	$26K	$66K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04598	−0.109%	$8.9M	$8.8M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04598	−0.109%	$4.4M	$4.1M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04602	−0.022%	$327K	$1.2M	20x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC CAP_USDT	+0.0100%	4h	0.04601	−0.043%	$560K	$236K	20x	as long as short
BingX CAP-USDTlong	+0.0100%	4h	0.04603	long leg	—	$1.6M	—
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04600	−0.065%	$5K	$582	10x	as long as short