Funding arb · Price arb /

CGPT

all CGPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against KuCoin0.000%7-day average +0.220% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 4 days (all we have)+0.149%+$15 · spread now 0.000%, 7d avg +0.220%

Together, before fees+0.213%+$21 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: BingX is 0.220% cheaper against KuCoin than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.220%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin CGPTUSDTM	0.02115	0.0100	pay 0.0050% / 4h	51m 21s	$239K	$20K	30x
Short	BingX CGPT-USDT	0.02115	0.0100	get 0.0050% / 4h	51m 21s	—	$1.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → +0.220%: −$22
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$44
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 42 min ago; BingX: live order book, 3 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 KuCoin live order book, 42 min ago	56.71 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	9.44 bp	34.6 bp −$35	117.1 bp −$1,171	684.5 bp −$68.5K	940.9 bp −$470.5K

CGPT on 10 exchanges

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	−0.0130%	1h	0.02116	+0.068%	$3K	$4K	10x	as long as short
Binance CGPTUSDT	+0.0100%	4h	0.02113	−0.084%	$1.5M	$1.6M	50x	as long as short
Bybit CGPTUSDT	+0.0100%	4h	0.02117	+0.095%	$361K	$204K	25x	as long as short
Gate CGPT_USDT	+0.0100%	4h	0.02118	+0.142%	$182K	$48K	50x	as long as short
MEXC CGPT_USDT	+0.0100%	4h	0.02114	−0.047%	$403K	$127K	100x	as long as short
KuCoin CGPTUSDTMlong	+0.0100%	4h	0.02115	long leg	$239K	$20K	30x
Bitget CGPTUSDT	+0.0100%	4h	0.02115	0.000%	$592K	$106K	50x	as long as short
BingX CGPT-USDTshort	+0.0100%	4h	0.02115	0.000%	—	$1.3M	—
Variational Omni CGPT	+0.0100%	4h	0.02121	+0.281%	$15K	$1K	—	as long as short
Extended CGPT-USD	+0.0104%	1h	0.02113	−0.118%	$14K	$283K	5x	as long as short