Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against Backpack−0.068%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.068% cheaper against Backpack than usual: you would sell low and buy high, −$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CC_USDC_PERP | 0.1182 | 0.0100 | pay 0.0013% / 1h | 16m 23s | $15K | $22K | 10x |
| Short | Gate CC_USDT | 0.1181 | 0.0100 | get 0.0050% / 4h | 16m 23s | $365K | $214K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.068% → 0.000%
- −$6.77
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$31.77
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Gate: live order book, 59 min ago. Net counts fees only.
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 Backpack no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 59 min ago | 10.77 bp | 78.1 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3320% | 1h | 0.1164 | −1.515% | $6K | $99 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0097% | 8h | 0.1183 | +0.062% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1183 | +0.087% | $35K | $38K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1182 | +0.018% | $11.1M | $11.2M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1182 | −0.025% | $10.7M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1182 | +0.017% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDTshort | +0.0100% | 4h | 0.1181 | −0.068% | $365K | $214K | 50x | |
| MEXC CC_USDT | +0.0100% | 4h | 0.1182 | +0.034% | $1.6M | $315K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1183 | +0.093% | $501K | $116K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1182 | +0.008% | $944K | $792K | 20x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1182 | +0.017% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERPlong | +0.0100% | 1h | 0.1182 | long leg | $15K | $22K | 10x | |
| Variational Omni CC | +0.0100% | 4h | 0.1182 | +0.002% | $589K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1182 | +0.034% | $82K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1181 | −0.094% | $6K | $36K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1181 | −0.076% | $593K | $107K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0448% / S −0.0241% | 1h | 0.1182 | +0.045% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0545% | 1h | 0.1185 | +0.254% | $5.5M | $1.4M | 3x | as long as short |
| Lighter CC | +0.1040% | 1h | 0.1187 | +0.389% | $236K | $154K | 5x | as long as short |
Backpack CC_USDC_PERP
Gate CC_USDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC