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

CKB

all CKB 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: Bybit against Binance+0.031%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$304as in the Funding arb table
Net, price: spread back to 7d avg − costs−$314as in the Price arb table
costs, in and out, $10k−$3093.086% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.031%, 7d avg +0.080%
Together, before fees+0.127%+$13 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: Bybit is 0.049% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CKBUSDT0.0012740.0100pay 0.0100% / 8h2h 40m$1.4M$1.4M50x
ShortBybit CKBUSDT0.0012740.0100get 0.0100% / 8h2h 40m$289K$259K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.031% → +0.080%
−$4.9
Slippage, 4 orders
−$287.61
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$313.51
Costs to cover
3.086%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 64 min ago.

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, 8 min ago3.51 bp31.2 bp −$31287.8 bp −$2,878doesn't fitdoesn't fit
Sell Bybit live order book, 64 min ago4.99 bp123.4 bp −$123776.3 bp −$7,763doesn't fitdoesn't fit

CKB on 9 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
Binance CKBUSDTlong+0.0100%8h0.001274long leg$1.4M$1.4M50x
Bybit CKBUSDTshort+0.0100%8h0.001274+0.031%$289K$259K25x
Gate CKB_USDT+0.0100%8h0.001273−0.047%$136K$40K25xas long as short
MEXC CKB_USDT+0.0100%8h0.001274+0.031%$452K$387K125xas long as short
KuCoin CKBUSDTM+0.0100%8h0.001276+0.188%$256K$34K20xas long as short
Bitget CKBUSDT+0.0100%8h0.001274+0.031%$320K$132K50xas long as short
BingX CKB-USDT+0.0100%8h0.001273−0.039%$1.2Mas long as short
Variational Omni CKB+0.0100%8h0.001276+0.224%$3K$260as long as short
Kraken Futures PF_CKBUSD+0.0187%1h0.001274+0.014%$6K$1610xas long as short