Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.086%7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$177as in the Price arb table
costs, in and out, $10k−$1591.592% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.086%, 7d avg +0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.182% cheaper against Gate than usual: you would sell low and buy high, −$18 on $10k if it goes back to its 7-day average of +0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CP_USDT | 0.01393 | 0.0100 | pay 0.0050% / 4h | 57m 13s | $616K | $543K | 20x |
| Short | Bitget CPUSDT | 0.01392 | 0.0100 | get 0.0050% / 4h | 57m 13s | $786K | $1.5M | 20x |
Gate CP_USDT
Bitget CPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.086% → +0.096%
- −$18.19
- Slippage, 4 orders
- −$132.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$177.39
- Costs to cover
- 1.592%
- Break-even
- never at this rate
Slippage from Gate: live order book, 64 min ago; Bitget: live order book, 4 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, 64 min ago | 7.24 bp | 51.9 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 11.54 bp | 28.1 bp −$28 | 116.7 bp −$1,167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX CP-USDT | +0.0070% | 4h | 0.01393 | 0.000% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01392 | −0.072% | $1.4M | $2.6M | 20x | as long as short |
| Gate CP_USDTlong | +0.0100% | 4h | 0.01393 | long leg | $616K | $543K | 20x | |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01395 | +0.144% | $200K | $892K | 20x | as long as short |
| Bitget CPUSDTshort | +0.0100% | 4h | 0.01392 | −0.086% | $786K | $1.5M | 20x | |
| OKX CP-USDT-SWAP | +0.0104% | 4h | 0.01394 | +0.072% | $3.9M | $11.3M | 20x | as long as short |
| MEXC CP_USDT | +0.0106% | 4h | 0.01391 | −0.144% | $1.5M | $350K | 20x | as long as short |
| BloFin CP-USDT | +0.0159% | 4h | 0.01389 | −0.287% | $426 | $41K | 20x | as long as short |
BingX CP-USDT
Bybit CPUSDT
KuCoin CPUSDTM
OKX CP-USDT-SWAP
MEXC CP_USDT
BloFin CP-USDT