CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.110%

Price spread now: OKX against Gate0.000%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$142as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1291.289% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.129%−$13 on $10k

Price spread, last 7 days−0.236%−$24 · spread now 0.000%, 7d avg −0.053%

Together, before fees−0.366%−$37 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.053% dearer against Gate than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.053%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CAP_USDT	0.04633	0.0100	pay 0.0050% / 4h	1h 19m	$326K	$1.2M	20x
Short	OKX CAP-USDT-SWAP	0.04633	0.0058	get 0.0029% / 4h	1h 19m	$2.1M	$7.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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 GatebpFee OKXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$8.91
Price spread: 0.000% → −0.053%: $5.26
Slippage, 4 orders: −$103.86
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$132.51
Costs to cover: 1.289%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; OKX: live order book, 3 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 Gate live order book, 2 min ago	5.41 bp	48.4 bp −$48	129.6 bp −$1,296	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	1.08 bp	20.6 bp −$21	91.6 bp −$916	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	−0.022%	$4.4M	$1.4M	10x	as long as short
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04635	+0.041%	—	—	150x	as long as short
OKX CAP-USDT-SWAPshort	+0.0058%	4h	0.04633	0.000%	$2.1M	$7.3M	10x
Lighter CAP	+0.0096%	1h	0.04632	−0.013%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04630	−0.062%	$26K	$66K	5x	as long as short
Binance CAPUSDT	+0.0100%	4h	0.04633	−0.009%	$8.9M	$9.0M	10x	as long as short
Bybit CAPUSDT	+0.0100%	4h	0.04630	−0.065%	$4.5M	$4.2M	10x	as long as short
Gate CAP_USDTlong	+0.0100%	4h	0.04633	long leg	$326K	$1.2M	20x
MEXC CAP_USDT	+0.0100%	4h	0.04631	−0.043%	$547K	$233K	20x	as long as short
Bitget CAPUSDT	+0.0100%	4h	0.04630	−0.065%	$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	−0.086%	—	$1.6M	—	as long as short
Variational Omni CAP	+0.0100%	4h	0.04636	+0.068%	$8K	$8K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04636	+0.054%	$4K	$1K	10x	as long as short
BloFin CAP-USDT	+0.0115%	4h	0.04630	−0.065%	$376K	$61K	10x	as long as short