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

CAP

all CAP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.022%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.637% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.022%, 7d avg +0.016%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CAP_USDT0.045840.0100pay 0.0050% / 4h2h 31m$559K$234K20x
ShortBinance CAPUSDT0.045850.0100get 0.0050% / 4h2h 31m$8.9M$8.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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
$0
Price spread: +0.022% → +0.016%
$0.62
Slippage, 4 orders
−$45.71
Fee MEXC: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$63.09
Costs to cover
0.637%
Break-even
never at this rate
Slippage from MEXC: live order book, 28 min ago; Binance: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 28 min ago1.09 bp10.8 bp −$1147.2 bp −$472242.8 bp −$24.3K789.4 bp −$394.7K
Sell Binance live order book, 8 min ago1.09 bp21.4 bp −$2189.8 bp −$898doesn't fitdoesn't fit

CAP on 13 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−0.0900%4h0.04576−0.175%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0598%4h0.045840.000%$2.2M$7.0M10xas long as short
Bybit CAPUSDT−0.0167%4h0.04585+0.022%$4.5M$4.1M10xas long as short
Bitget CAPUSDT−0.0114%4h0.045840.000%$1.0M$584K10xas long as short
Variational Omni CAP−0.0059%4h0.04576−0.168%$8K$8Kas long as short
gTrade (Gains Network) CAP/USDL 0.0000% / S 0.0000%1h0.04590+0.128%150xas long as short
Lighter CAP+0.0096%1h0.04584−0.011%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04586+0.039%$26K$66K5xas long as short
Binance CAPUSDTshort+0.0100%4h0.04585+0.022%$8.9M$8.8M10x
Gate CAP_USDT+0.0100%4h0.04586+0.044%$326K$1.2M20xas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC CAP_USDTlong+0.0100%4h0.04584long leg$559K$234K20x
BingX CAP-USDT+0.0100%4h0.045840.000%$1.6Mas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04585+0.017%$5K$58210xas long as short