Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.135%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$284as in the Price arb table
costs, in and out, $10k−$2872.871% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now −0.135%, 7d avg −0.165%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.030% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CGPTUSDT | 0.02138 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $361K | $212K | 25x |
| Short | Binance CGPTUSDT | 0.02135 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.5M | $1.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.135% → −0.165%
- $3.02
- Slippage, 4 orders
- −$266.1
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$284.08
- Costs to cover
- 2.871%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Binance: live order book, 10 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 Bybit live order book, 1 min ago | 9.35 bp | 108.0 bp −$108 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.64 bp | 40.6 bp −$41 | 177.7 bp −$1,777 | 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 | −0.0092% | 1h | 0.02138 | −0.021% | $2K | $2K | 10x | as long as short |
| Binance CGPTUSDTshort | +0.0100% | 4h | 0.02135 | −0.135% | $1.5M | $1.7M | 50x | |
| Bybit CGPTUSDTlong | +0.0100% | 4h | 0.02138 | long leg | $361K | $212K | 25x | |
| Gate CGPT_USDT | +0.0100% | 4h | 0.02141 | +0.140% | $183K | $54K | 50x | as long as short |
| MEXC CGPT_USDT | +0.0100% | 4h | 0.02135 | −0.140% | $417K | $130K | 100x | as long as short |
| KuCoin CGPTUSDTM | +0.0100% | 4h | 0.02130 | −0.374% | $241K | $23K | 30x | as long as short |
| Bitget CGPTUSDT | +0.0100% | 4h | 0.02141 | +0.140% | $595K | $98K | 50x | as long as short |
| BingX CGPT-USDT | +0.0100% | 4h | 0.02137 | −0.047% | — | $1.3M | — | as long as short |
| Variational Omni CGPT | +0.0100% | 4h | 0.02146 | +0.382% | $15K | $2K | — | as long as short |
| Extended CGPT-USD | +0.0104% | 1h | 0.02134 | −0.166% | $15K | $243K | 5x | as long as short |
Bybit CGPTUSDT
Binance CGPTUSDT
Kraken Futures PF_CGPTUSD
Gate CGPT_USDT
MEXC CGPT_USDT
KuCoin CGPTUSDTM
Bitget CGPTUSDT
BingX CGPT-USDT
Variational Omni CGPT
Extended CGPT-USD