Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.098%
Price spread now: Gate against Bybit−0.072%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1961.958% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.385%+$39 · spread now −0.072%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.074% cheaper against Bybit than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CPUSDT | 0.01391 | 0.0100 | pay 0.0050% / 4h | 1h 18m | $1.4M | $2.5M | 20x |
| Short | Gate CP_USDT | 0.01390 | 0.0100 | get 0.0050% / 4h | 1h 18m | $613K | $553K | 20x |
Bybit CPUSDT
Gate CP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: −0.072% → +0.002%
- −$7.42
- Slippage, 4 orders
- −$169.81
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$203.24
- Costs to cover
- 1.958%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 43 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 Bybit live order book, 4 min ago | 7.19 bp | 50.2 bp −$50 | 452.6 bp −$4,526 | doesn't fit | doesn't fit |
| Sell Gate live order book, 43 min ago | 7.24 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 CP-USDT | +0.0060% | 4h | 0.01387 | −0.288% | $423 | $40K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01391 | 0.000% | — | $1.0M | — | as long as short |
| Bybit CPUSDTlong | +0.0100% | 4h | 0.01391 | long leg | $1.4M | $2.5M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01390 | −0.072% | $3.9M | $11.2M | 20x | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01390 | −0.072% | $613K | $553K | 20x | |
| MEXC CP_USDT | +0.0100% | 4h | 0.01391 | 0.000% | $1.5M | $362K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01393 | +0.144% | $199K | $891K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01392 | +0.086% | $786K | $1.5M | 20x | as long as short |
BloFin CP-USDT
BingX CP-USDT
OKX CP-USDT-SWAP
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT