Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.099%
Price spread now: Bybit against Gate0.000%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.594% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now 0.000%, 7d avg −0.002%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CP_USDT | 0.01374 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $571K | $528K | 20x |
| Short | Bybit CPUSDT | 0.01374 | 0.0100 | get 0.0050% / 4h | 2h 11m | $1.4M | $2.5M | 20x |
Gate CP_USDT
Bybit CPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: 0.000% → −0.002%
- $0.24
- Slippage, 4 orders
- −$133.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$159.15
- Costs to cover
- 1.594%
- Break-even
- never at this rate
Slippage from Gate: live order book, 55 min ago; Bybit: live order book, just now.
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, 55 min ago | 7.29 bp | 48.6 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 3.64 bp | 15.7 bp −$16 | 201.8 bp −$2,018 | doesn't fit | doesn't fit |
CP on 7 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 | 0.01375 | +0.073% | — | $1.0M | — | as long as short |
| Bybit CPUSDTshort | +0.0100% | 4h | 0.01374 | 0.000% | $1.4M | $2.5M | 20x | |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01374 | 0.000% | $3.8M | $11.1M | 20x | as long as short |
| Gate CP_USDTlong | +0.0100% | 4h | 0.01374 | long leg | $571K | $528K | 20x | |
| MEXC CP_USDT | +0.0100% | 4h | 0.01374 | 0.000% | $1.5M | $382K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01377 | +0.218% | $196K | $903K | 20x | as long as short |
| Bitget CPUSDT | +0.0100% | 4h | 0.01375 | +0.036% | $779K | $1.5M | 20x | as long as short |
BingX CP-USDT
OKX CP-USDT-SWAP
MEXC CP_USDT
KuCoin CPUSDTM
Bitget CPUSDT