CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.008%

Price spread now: Gate against BloFin+0.065%78s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as 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−$1241.237% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.149%+$15 on $10k

Price spread, last 4 days (all we have)−1.043%−$104 · spread now +0.065%, 7d avg −0.004%

Together, before fees−0.894%−$89 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.068% dearer against BloFin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.004%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 15 days. Mind the row above: over the last 7 days funding on this pair paid +0.149%, so the current rate has only just turned against you. The two prices were read 78 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	0.04630	0.0115	pay 0.0058% / 4h	1h 19m	$376K	$61K	10x
Short	Gate CAP_USDT	0.04633	0.0100	get 0.0050% / 4h	1h 19m	$326K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.065%Rate

Funding earned: −$3.24
Price spread: +0.065% → −0.004%: $6.83
Slippage, 4 orders: −$96.71
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$120.12
Costs to cover: 1.237%
Break-even: never at this rate

Slippage from BloFin: live order book, 20 min ago; Gate: live order book, 2 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, 20 min ago	1.07 bp	14.7 bp −$15	55.9 bp −$559	doesn't fit	doesn't fit
Sell Gate live order book, 2 min ago	5.41 bp	42.3 bp −$42	96.1 bp −$961	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	−0.0490%	4h	0.04632	+0.043%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04635	+0.105%	—	—	150x	as long as short
OKX CAP-USDT-SWAP	+0.0058%	4h	0.04633	+0.065%	$2.1M	$7.3M	10x	as long as short
Lighter CAP	+0.0096%	1h	0.04632	+0.052%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04630	+0.003%	$26K	$66K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04633	+0.056%	$8.9M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04630	0.000%	$4.5M	$4.2M	10x	as long as short
Gate CAP_USDTshort	+0.0100%	4h	0.04633	+0.065%	$326K	$1.2M	20x
MEXC CAP_USDT	+0.0100%	4h	0.04631	+0.022%	$547K	$233K	20x	as long as short
Bitget CAPUSDT	+0.0100%	4h	0.04630	0.000%	$1.0M	$594K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CAP-USDT	+0.0100%	4h	0.04629	−0.022%	—	$1.6M	—	as long as short
Variational Omni CAP	+0.0100%	4h	0.04636	+0.133%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04636	+0.119%	$4K	$1K	10x	as long as short
BloFin CAP-USDTlong	+0.0115%	4h	0.04630	long leg	$376K	$61K	10x