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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h +0.071%
Price spread now: gTrade (Gains Network) against KuCoin+0.146%90s7-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 2 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. gTrade (Gains Network) is 0.146% dearer against KuCoin than usual: you sell high and buy low (spread +0.146% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.8 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CAPUSDTM0.045290.0100pay 0.0050% / 4h1h 30m$4.0M$1.4M10x
ShortgTrade (Gains Network) CAP/USD0.04536L 0.0000% / S 0.0000%pay 0.0000% / 1h30m 51s150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against KuCoin. 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: +0.146% → 0.000%
$14.55
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$30.55
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 10 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 KuCoin live order book, 10 min ago3.30 bp45.1 bp −$45doesn'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 exchanges

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%1h0.04536+0.146%150x
Bybit CAPUSDT+0.0018%4h0.04526−0.066%$4.2M$3.6M10xas long as short
BingX CAP-USDT+0.0050%4h0.04527−0.044%$1.6Mas long as short
BloFin CAP-USDT+0.0088%4h0.04536+0.155%$368K$60K10xas long as short
Lighter CAP+0.0096%1h0.04527−0.040%$18K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04528−0.022%$23K$49K5xas long as short
Binance CAPUSDT+0.0100%4h0.04527−0.044%$8.5M$7.8M10xas long as short
OKX CAP-USDT-SWAP+0.0100%4h0.04521−0.177%$2.1M$7.0M10xas long as short
Gate CAP_USDT+0.0100%4h0.04528−0.022%$296K$1.1M20xas long as short
MEXC CAP_USDT+0.0100%4h0.045290.000%$522K$203K20xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CAPUSDTMlong+0.0100%4h0.04529long leg$4.0M$1.4M10x
Bitget CAPUSDT+0.0100%4h0.04534+0.110%$1.0M$640K10xas long as short
Variational Omni CAP+0.0100%4h0.04546+0.372%$8K$6Kas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04534+0.106%$4K$2K10xas long as short