CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.15 per $10,000 · paid last 24h −0.111%

Price spread now: BingX against BloFin+0.022%7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$149as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$890.885% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.606%−$61 on $10k

Price spread, last 4 days (all we have)−0.502%−$50 · spread now +0.022%, 7d avg −0.039%

Together, before fees−1.108%−$111 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.060% dearer against BloFin than usual: you sell high and buy low (spread +0.022% now, against its 7-day average of −0.039%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.6 days. At the pace of the last 7 days (−0.606% in total) that is about 17 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CAP-USDT	0.04646	0.0100	pay 0.0050% / 4h	30m 30s	$372K	$60K	10x
Short	BingX CAP-USDT	0.04647	0.0070	get 0.0035% / 4h	30m 30s	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$6.36
Price spread: +0.022% → −0.039%: $6.03
Slippage, 4 orders: −$66.53
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$88.86
Costs to cover: 0.885%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 1 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 BloFin live order book, 5 min ago	1.08 bp	11.4 bp −$11	11.4 bp −$114	doesn't fit	doesn't fit
Sell BingX live order book, 1 min ago	5.38 bp	25.7 bp −$26	84.6 bp −$846	860.0 bp −$86.0K	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	−0.0228%	4h	0.04643	−0.065%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04637	−0.184%	—	—	150x	as long as short
BingX CAP-USDTshort	+0.0070%	4h	0.04647	+0.022%	—	$1.6M	—
Lighter CAP	+0.0096%	1h	0.04645	−0.022%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04643	−0.064%	$26K	$67K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04648	+0.043%	$8.9M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04646	0.000%	$4.5M	$4.2M	10x	as long as short
OKX CAP-USDT-SWAP	+0.0100%	4h	0.04648	+0.043%	$2.0M	$7.3M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04644	−0.043%	$325K	$1.2M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04646	0.000%	$531K	$232K	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	0.04646	0.000%	$1.0M	$598K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04641	−0.104%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04643	−0.073%	$4K	$1K	10x	as long as short
BloFin CAP-USDTlong	+0.0100%	4h	0.04646	long leg	$372K	$60K	10x