Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.168%
Price spread now: OKX against Gate−0.101%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$319as in the Funding arb table
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$2192.185% of the position
Funding, last 7 days−1.005%−$100 on $10k
+Price spread, last 7 days−0.292%−$29 · spread now −0.101%, 7d avg −0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.064% cheaper against Gate than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CNPY_USDT | 0.3961 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $1.1M | $6.4M | 20x |
| Short | OKX CNPY-USDT-SWAP | 0.3957 | 0.0100 | get 0.0050% / 4h | 2h 38m | $1.3M | $17.7M | 20x |
Gate CNPY_USDT
OKX CNPY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.101% → −0.037%
- −$6.35
- Slippage, 4 orders
- −$193.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$224.89
- Costs to cover
- 2.185%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; OKX: live order book, 5 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, 5 min ago | 2.52 bp | 74.1 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.26 bp | 27.7 bp −$28 | 119.8 bp −$1,198 | doesn't fit | doesn't fit |
CNPY on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CNPY-USDT | +0.0069% | 4h | 0.3955 | −0.151% | $60K | $229K | 20x | as long as short |
| OKX CNPY-USDT-SWAPshort | +0.0100% | 4h | 0.3957 | −0.101% | $1.3M | $17.7M | 20x | |
| Gate CNPY_USDTlong | +0.0100% | 4h | 0.3961 | long leg | $1.1M | $6.4M | 20x | |
| MEXC CNPY_USDT | +0.0100% | 4h | 0.3961 | 0.000% | $993K | $658K | 20x | as long as short |
| BingX CNPY-USDT | +0.0100% | 4h | 0.3962 | +0.025% | — | $1.4M | — | as long as short |
BloFin CNPY-USDT
MEXC CNPY_USDT
BingX CNPY-USDT