CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.06 per $10,000 · paid last 24h −0.072%

Price spread now: Bybit against BloFin+0.108%52s7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs−$159as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1201.199% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.391%−$39 on $10k

Price spread, last 4 days (all we have)−1.049%−$105 · spread now +0.108%, 7d avg +0.050%

Together, before fees−1.440%−$144 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Bybit is 0.059% dearer against BloFin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.391%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CAP-USDT	0.04626	0.0087	pay 0.0044% / 4h	1h 18m	$376K	$61K	10x
Short	Bybit CAPUSDT	0.04631	0.0100	get 0.0050% / 4h	1h 18m	$4.5M	$4.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.108%Rate

Funding earned: $2.64
Price spread: +0.108% → +0.050%: $5.85
Slippage, 4 orders: −$96.94
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$111.45
Costs to cover: 1.199%
Break-even: 302.9 days

Slippage from BloFin: live order book, 22 min ago; Bybit: 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 BloFin live order book, 22 min ago	1.07 bp	14.7 bp −$15	55.9 bp −$559	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	3.24 bp	42.7 bp −$43	377.3 bp −$3,773	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	+0.022%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04626	0.000%	—	—	150x	as long as short
OKX CAP-USDT-SWAP	+0.0077%	4h	0.04628	+0.043%	$2.1M	$7.3M	10x	as long as short
BloFin CAP-USDTlong	+0.0087%	4h	0.04626	long leg	$376K	$61K	10x
Lighter CAP	+0.0096%	1h	0.04630	+0.080%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04625	−0.013%	$26K	$66K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04631	+0.111%	$8.9M	$9.0M	10x	as long as short
Bybit CAPUSDTshort	+0.0100%	4h	0.04631	+0.108%	$4.5M	$4.2M	10x
Gate CAP_USDT	+0.0100%	4h	0.04627	+0.022%	$325K	$1.2M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04629	+0.065%	$546K	$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	0.04628	+0.043%	$1.0M	$594K	10x	as long as short
BingX CAP-USDT	+0.0100%	4h	0.04629	+0.065%	—	$1.6M	—	as long as short
Variational Omni CAP	+0.0100%	4h	0.04636	+0.219%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04628	+0.052%	$4K	$1K	10x	as long as short