Funding arb · Price arb /

CGPT

all CGPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: Binance against Gate−0.265%7-day average −0.090% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,233as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,251as in the Price arb table

costs, in and out, $10k−$1,23412.337% of the position

Long on Gate Short on Binance

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)+0.193%+$19 · spread now −0.265%, 7d avg −0.090%

Together, before fees+0.199%+$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: Binance is 0.175% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.090%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CGPT_USDT	0.02150	0.0100	pay 0.0050% / 4h	2h 41m	$184K	$54K	50x
Short	Binance CGPTUSDT	0.02144	0.0100	get 0.0050% / 4h	2h 41m	$1.5M	$1.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.265%Rate

Funding earned: $0
Price spread: −0.265% → −0.090%: −$17.47
Slippage, 4 orders: −$1,208.71
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$1,251.19
Costs to cover: 12.337%
Break-even: never at this rate

Slippage from Gate: live order book, 64 min ago; Binance: live order book, 7 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 Gate live order book, 64 min ago	16.21 bp	590.1 bp −$590	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 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	−0.0091%	1h	0.02148	−0.101%	$2K	$2K	10x	as long as short
Binance CGPTUSDTshort	+0.0100%	4h	0.02144	−0.265%	$1.5M	$1.7M	50x
Bybit CGPTUSDT	+0.0100%	4h	0.02150	0.000%	$363K	$212K	25x	as long as short
Gate CGPT_USDTlong	+0.0100%	4h	0.02150	long leg	$184K	$54K	50x
MEXC CGPT_USDT	+0.0100%	4h	0.02145	−0.233%	$418K	$130K	100x	as long as short
KuCoin CGPTUSDTM	+0.0100%	4h	0.02139	−0.512%	$242K	$23K	30x	as long as short
Bitget CGPTUSDT	+0.0100%	4h	0.02150	0.000%	$598K	$98K	50x	as long as short
BingX CGPT-USDT	+0.0100%	4h	0.02149	−0.047%	—	$1.3M	—	as long as short
Variational Omni CGPT	+0.0100%	4h	0.02157	+0.308%	$15K	$2K	—	as long as short
Extended CGPT-USD	+0.0104%	1h	0.02144	−0.259%	$15K	$243K	5x	as long as short