Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.064%
Price spread now: Gate against Bybit+0.022%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1641.638% of the position
Funding, last 7 days+0.539%+$54 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.022%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.068% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CAPUSDT | 0.04600 | 0.0100 | pay 0.0050% / 4h | 2h 12m | $4.5M | $4.1M | 10x |
| Short | Gate CAP_USDT | 0.04601 | 0.0100 | get 0.0050% / 4h | 2h 12m | $327K | $1.2M | 20x |
Bybit CAPUSDT
Gate CAP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.022% → −0.046%
- $6.77
- Slippage, 4 orders
- −$137.82
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$157.05
- Costs to cover
- 1.638%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 5 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 Bybit live order book, 1 min ago | 5.43 bp | 38.9 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.25 bp | 36.3 bp −$36 | 93.5 bp −$935 | 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 | −0.109% | $4.4M | $1.4M | 10x | as long as short |
| OKX CAP-USDT-SWAP | −0.0418% | 4h | 0.04602 | +0.043% | $2.1M | $7.1M | 10x | as long as short |
| Bitget CAPUSDT | −0.0044% | 4h | 0.04596 | −0.087% | $1.0M | $588K | 10x | as long as short |
| gTrade (Gains Network) CAP/USD | L 0.0000% / S 0.0000% | 1h | 0.04602 | +0.041% | — | — | 150x | as long as short |
| Variational Omni CAP | +0.0090% | 4h | 0.04612 | +0.264% | $8K | $8K | — | as long as short |
| Lighter CAP | +0.0096% | 1h | 0.04602 | +0.050% | $19K | $2K | 3x | as long as short |
| Aster CAPUSDT | +0.0100% | 4h | 0.04599 | −0.022% | $26K | $66K | 5x | as long as short |
| Binance CAPUSDT | +0.0100% | 4h | 0.04604 | +0.078% | $9.0M | $8.8M | 10x | as long as short |
| Bybit CAPUSDTlong | +0.0100% | 4h | 0.04600 | long leg | $4.5M | $4.1M | 10x | |
| Gate CAP_USDTshort | +0.0100% | 4h | 0.04601 | +0.022% | $327K | $1.2M | 20x |
KuCoin CAPUSDTM
OKX CAP-USDT-SWAP
Bitget CAPUSDT
gTrade (Gains Network) CAP/USD
Variational Omni CAP
Lighter CAP
Aster CAPUSDT
Binance CAPUSDTShow 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 | +0.022% | $560K | $236K | 20x | as long as short |
| BingX CAP-USDT | +0.0100% | 4h | 0.04601 | +0.022% | — | $1.6M | — | as long as short |
| Orderly PERP_CAP_USDC_mythos | +0.0100% | 4h | 0.04602 | +0.050% | $5K | $582 | 10x | as long as short |
MEXC CAP_USDT
BingX CAP-USDT
Orderly PERP_CAP_USDC_mythos