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

CHEEMS

all CHEEMS markets
SwapBacktest
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 0.000%
Price spread now: Gate against Binance−0.123%7-day average −0.199% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.119%−$12 · spread now −0.123%, 7d avg −0.199%
Together, before fees−0.110%−$11 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 0.076% dearer against Binance than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.199%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance 1000CHEEMSUSDT0.00000056800.0100pay 0.0050% / 4h2h 00m$1.5M$1.1M25x
ShortGate CHEEMS_USDT0.00000056730.0100get 0.0050% / 4h2h 00m$104K$57K20x

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

Funding earned
$0
Price spread: −0.123% → −0.199%
$7.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$17.42
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 2 min ago; Gate: live order book, 39 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 2 min ago7.10 bp45.9 bp −$46628.7 bp −$6,287doesn't fitdoesn't fit
Sell Gate live order book, 39 min ago33.25 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CHEEMS on 7 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
Aster 1000CHEEMSUSDT+0.0100%4h0.0000005684+0.079%$257K$11K5xas long as short
Binance 1000CHEEMSUSDTlong+0.0100%4h0.0000005680long leg$1.5M$1.1M25x
Gate CHEEMS_USDTshort+0.0100%4h0.0000005673−0.123%$104K$57K20x
MEXC CHEEMS_USDT+0.0100%4h0.0000005674−0.106%$68K$76K50xas long as short
KuCoin 1000CHEEMSUSDTM+0.0100%4h0.0000005667−0.229%$58K$210K20xas long as short
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005673−0.123%$76K$83K25xas long as short
BingX 1000CHEEMS-USDT+0.0100%4h0.0000005692+0.211%$1.2Mas long as short