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

CAP

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: gTrade (Gains Network) against MEXC+0.021%7-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
The price spread pays, funding is against you. gTrade (Gains Network) is 0.021% dearer against MEXC than usual: you sell high and buy low (spread +0.021% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CAP_USDT0.045920.0100pay 0.0050% / 4h2h 50m$533K$229K20x
ShortgTrade (Gains Network) CAP/USD0.04593L 0.0000% / S 0.0000%get 0.0000% / 1h50m 30s$498150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$21
Price spread: +0.021% → 0.000%
$2.13
Slippage, 4 orders
no order book: not counted
Fee MEXC: 4 bp × 2 orders
−$8
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$38.87
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: MEXC: live order book, 9 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 MEXC live order book, 9 min ago1.09 bp10.8 bp −$1147.2 bp −$472242.8 bp −$24.3K789.4 bp −$394.7K
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 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−0.0884%4h0.04586−0.131%$4.4M$1.4M10xas long as short
OKX CAP-USDT-SWAP−0.0623%4h0.04594+0.044%$2.2M$7.0M10xas long as short
Bitget CAPUSDT−0.0132%4h0.04596+0.087%$1.0M$590K10xas long as short
Variational Omni CAP−0.0120%4h0.04592−0.005%$8K$8Kas long as short
gTrade (Gains Network) CAP/USDshortL 0.0000% / S 0.0000%1h0.04593+0.021%$498150x
Bybit CAPUSDT+0.0011%4h0.04597+0.109%$4.5M$4.1M10xas long as short
BloFin CAP-USDT+0.0042%4h0.04591−0.022%$380K$59K10xas long as short
Lighter CAP+0.0096%1h0.04591−0.020%$19K$2K3xas long as short
Aster CAPUSDT+0.0100%4h0.04593+0.030%$26K$66K5xas long as short
Binance CAPUSDT+0.0100%4h0.04596+0.087%$9.0M$8.8M10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CAP_USDT+0.0100%4h0.04593+0.022%$331K$1.1M20xas long as short
MEXC CAP_USDTlong+0.0100%4h0.04592long leg$533K$229K20x
BingX CAP-USDT+0.0100%4h0.045920.000%$1.6Mas long as short
Orderly PERP_CAP_USDC_mythos+0.0100%4h0.04588−0.078%$5K$58210xas long as short