Settings8H · net · $10k
Funding arb · Price arb /

CAP

all CAP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h +0.031%
Price spread now: gTrade (Gains Network) against Bybit−0.034%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 1 day (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.034% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CAPUSDT0.046390.0100pay 0.0050% / 4h3h 31m$4.5M$3.9M10x
ShortgTrade (Gains Network) CAP/USD0.04637L 0.0000% / S 0.0000%pay 0.0000% / 1h31m 41s150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Bybit. 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

Funding earned
−$21.1
Price spread: −0.034% → 0.000%
−$3.45
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$47.54
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago4.31 bp31.8 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CAP on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) CAP/USDshortL 0.0000% / S 0.0000%1h0.04637−0.034%150x
BingX CAP-USDT+0.0070%4h0.04641+0.043%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04642+0.056%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04637−0.054%$26K$58K5xas long as short
Binance CAPUSDT+0.0100%4h0.04641+0.051%$8.8M$8.3M10xas long as short
Bybit CAPUSDTlong+0.0100%4h0.04639long leg$4.5M$3.9M10x
OKX CAP-USDT-SWAP+0.0100%4h0.04646+0.151%$1.9M$7.1M10xas long as short
Gate CAP_USDT+0.0100%4h0.04640+0.022%$321K$1.2M20xas long as short
MEXC CAP_USDT+0.0100%4h0.046390.000%$534K$224K20xas long as short
KuCoin CAPUSDTM+0.0100%4h0.04636−0.065%$4.3M$1.3M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CAPUSDT+0.0100%4h0.04641+0.043%$1.0M$606K10xas long as short
Variational Omni CAP+0.0100%4h0.04653+0.306%$8K$8Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04642+0.069%$4K$2K10xas long as short
BloFin CAP-USDT+0.0108%4h0.04621−0.388%$368K$60K10xas long as short