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

CC

all CC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Bitget against BloFin+0.104%65s7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$780.776% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.309%−$31 on $10k
Price spread, last 3 days (all we have)−0.222%−$22 · spread now +0.104%, 7d avg +0.053%
Together, before fees−0.532%−$53 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.050% dearer against BloFin than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.053%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CC-USDT0.11580.0340pay 0.0170% / 4h2h 16m$585K$104K75x
ShortBitget CCUSDT0.11590.0100get 0.0050% / 4h2h 16m$932K$791K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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
−$50.4
Price spread: +0.104% → +0.053%
$5.05
Slippage, 4 orders
−$53.62
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$122.97
Costs to cover
0.776%
Break-even
never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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 BloFin live order book, 5 min ago0.43 bp16.7 bp −$1757.0 bp −$570doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago3.88 bp21.4 bp −$2183.8 bp −$838doesn't fitdoesn't fit

CC on 19 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
Injective CC/USDC PERP−0.3670%1h0.1152−0.475%$6K$995.5xas long as short
Gate CC_USDT+0.0046%4h0.11580.000%$360K$208K50xas long as short
Paradex CC-USD-PERP+0.0097%8h0.1158+0.072%$1K5xas long as short
Aster CCUSDT+0.0100%4h0.1159+0.128%$34K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1158+0.035%$11.0M$10.9M75xas long as short
Bybit CCUSDT+0.0100%4h0.1158+0.026%$10.5M$3.7M25xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1159+0.130%$2.5M$3.4M20xas long as short
MEXC CC_USDT+0.0100%4h0.1158+0.017%$1.7M$298K100xas long as short
KuCoin CCUSDTM+0.0100%4h0.1159+0.147%$489K$114K50xas long as short
Bitget CCUSDTshort+0.0100%4h0.1159+0.104%$932K$791K20x
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX CC-USDT+0.0100%4h0.1158+0.043%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1158+0.035%$16K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1161+0.271%$579K$43Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1158+0.083%$85K$2.2M10xas long as short
Derive CC-PERP+0.0100%1h0.1157−0.058%$7K$35K6.7xas long as short
BloFin CC-USDTlong+0.0340%4h0.1158long leg$585K$104K75x
GMX CC/USD [WBTC.b-USDC]L +0.0440% / S −0.0239%1h0.1159+0.113%$43K50xas long as short
Hyperliquid CC+0.0475%1h0.1160+0.258%$5.4M$1.3M3xas long as short
Lighter CC+0.1168%1h0.1163+0.467%$232K$161K5xas long as short