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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h +0.015%
Price spread now: BloFin against gTrade (Gains Network)+0.284%110s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.284% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) CAP/USD0.04545L 0.0000% / S 0.0000%pay 0.0000% / 1h39m 31s$493150x
ShortBloFin CAP-USDT0.045580.0117get 0.0059% / 4h3h 39m$376K$59K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against gTrade (Gains Network). 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
$24.48
Price spread: +0.284% → 0.000%
$28.38
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$28.86
Costs to cover
0.240%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; BloFin: live order book, 31 min ago. 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 gTrade (Gains Network) no order-book sample
Sell BloFin live order book, 31 min ago1.09 bp25.5 bp −$2660.1 bp −$601doesn't fitdoesn't fit
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
KuCoin CAPUSDTM−0.0826%4h0.04548+0.064%$4.3M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0598%4h0.04549+0.086%$2.2M$7.0M10xas long as short
Bybit CAPUSDT−0.0219%4h0.04553+0.174%$4.4M$4.1M10xas long as short
Variational Omni CAP−0.0194%4h0.04551+0.136%$8K$8Kas long as short
Bitget CAPUSDT−0.0074%4h0.04555+0.218%$1.0M$555K10xas long as short
gTrade (Gains Network) CAP/USDlongL 0.0000% / S 0.0000%1h0.04545long leg$493150x
BingX CAP-USDT+0.0090%4h0.04553+0.174%$1.6Mas long as short
Lighter CAP+0.0096%1h0.04551+0.132%$19K$3K3xas long as short
Aster CAPUSDT+0.0100%4h0.04557+0.257%$27K$71K5xas long as short
Binance CAPUSDT+0.0100%4h0.04550+0.108%$8.9M$8.7M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CAP_USDT+0.0100%4h0.04559+0.306%$331K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.04549+0.086%$522K$228K20xas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04561+0.348%$5K$58210xas long as short
BloFin CAP-USDTshort+0.0117%4h0.04558+0.284%$376K$59K10x