Funding arb · Price arb /

CGPT

all CGPT markets

Swap Backtest

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 +0.052%

Price spread now: Gate against Binance−0.003%7-day average +0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,053as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,062as in the Price arb table

costs, in and out, $10k−$1,05310.527% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.006%−$1 on $10k

Price spread, last 4 days (all we have)−0.196%−$20 · spread now −0.003%, 7d avg +0.089%

Together, before fees−0.202%−$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.092% cheaper against Binance than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CGPTUSDT	0.02156	0.0100	pay 0.0050% / 4h	1h 16m	$1.6M	$1.7M	50x
Short	Gate CGPT_USDT	0.02156	0.0100	get 0.0050% / 4h	1h 16m	$183K	$60K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.003%Rate

Funding earned: $0
Price spread: −0.003% → +0.089%: −$9.22
Slippage, 4 orders: −$1,027.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$1,061.91
Costs to cover: 10.527%
Break-even: never at this rate

Slippage from Binance: live order book, 2 min ago; Gate: live order book, 39 min ago.

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 Binance live order book, 2 min ago	4.64 bp	37.4 bp −$37	258.0 bp −$2,580	doesn't fit	doesn't fit
Sell Gate live order book, 39 min ago	13.94 bp	512.9 bp −$513	doesn't fit	doesn't fit	doesn't fit

CGPT on 10 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
Kraken Futures PF_CGPTUSD	−0.0732%	1h	0.02160	+0.177%	$2K	$2K	10x	as long as short
Binance CGPTUSDTlong	+0.0100%	4h	0.02156	long leg	$1.6M	$1.7M	50x
Bybit CGPTUSDT	+0.0100%	4h	0.02158	+0.080%	$359K	$200K	25x	as long as short
Gate CGPT_USDTshort	+0.0100%	4h	0.02156	−0.003%	$183K	$60K	50x
MEXC CGPT_USDT	+0.0100%	4h	0.02156	−0.003%	$424K	$130K	100x	as long as short
KuCoin CGPTUSDTM	+0.0100%	4h	0.02149	−0.328%	$237K	$19K	30x	as long as short
Bitget CGPTUSDT	+0.0100%	4h	0.02158	+0.089%	$596K	$96K	50x	as long as short
BingX CGPT-USDT	+0.0100%	4h	0.02156	−0.003%	—	$1.3M	—	as long as short
Variational Omni CGPT	+0.0100%	4h	0.02161	+0.233%	$15K	$2K	—	as long as short
Extended CGPT-USD	+0.0104%	1h	0.02154	−0.076%	$15K	$305K	5x	as long as short