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

CHEEMS

all CHEEMS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against Gate+0.112%7-day average +0.205% · you sell dearer than you buy
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−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.236%+$24 · spread now +0.112%, 7d avg +0.205%
Together, before fees+0.217%+$22 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 0.092% cheaper against Gate than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.205%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CHEEMS_USDT0.00000056050.0100pay 0.0050% / 4h1h 56m$104K$41K20x
ShortBinance 1000CHEEMSUSDT0.00000056110.0100get 0.0050% / 4h1h 56m$1.5M$913K25x

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

Funding earned
$0
Price spread: +0.112% → +0.205%
−$9.21
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$34.21
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 19 min ago; Binance: live order book, 7 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 Gate live order book, 19 min ago42.45 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 7 min ago9.80 bp43.4 bp −$43244.5 bp −$2,445doesn'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%4h0.0000005617+0.207%$254K$11K5xas long as short
Binance 1000CHEEMSUSDTshort+0.0100%4h0.0000005611+0.112%$1.5M$913K25x
Gate CHEEMS_USDTlong+0.0100%4h0.0000005605long leg$104K$41K20x
MEXC CHEEMS_USDT+0.0100%4h0.0000005615+0.178%$69K$77K50xas long as short
KuCoin 1000CHEEMSUSDTM+0.0100%4h0.0000005607+0.036%$64K$176K20xas long as short
Bitget 1MCHEEMSUSDT+0.0100%4h0.0000005612+0.125%$73K$99K25xas long as short
BingX 1000CHEEMS-USDT+0.0100%4h0.0000005619+0.250%$1.2Mas long as short