Funding you earn now, next payment 00:00 UTC−0.0099%/8h= −10.8% APRnext payment −$0.50 per $10,000 · paid last 24h +0.052%
Price spread now: Bitget against Binance+0.106%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$740.738% of the position
Funding, last 7 days+0.135%+$14 on $10k
+Price spread, last 7 days−0.153%−$15 · spread now +0.106%, 7d avg +0.015%
=The price spread pays, funding is against you. Bitget is 0.091% dearer against Binance than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.015%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.135%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CVCUSDT | 0.02743 | 0.0031 | pay 0.0016% / 4h | 2h 13m | $2.9M | $5.6M | 50x |
| Short | Bitget CVCUSDT | 0.02746 | −0.0068 | pay 0.0034% / 4h | 2h 13m | $463K | $469K | 50x |
Binance CVCUSDT
Bitget CVCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$20.81
- Price spread: +0.106% → +0.015%
- $9.06
- Slippage, 4 orders
- −$51.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.6
- Costs to cover
- 0.738%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Bitget: live order book, 2 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 Binance live order book, 9 min ago | 1.82 bp | 20.9 bp −$21 | 94.3 bp −$943 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.47 bp | 17.4 bp −$17 | 70.0 bp −$700 | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDT | −0.0984% | 4h | 0.02743 | −0.004% | $210K | $312K | 25x | as long as short |
| Bitget CVCUSDTshort | −0.0068% | 4h | 0.02746 | +0.106% | $463K | $469K | 50x | |
| BingX CVC-USDT | −0.0036% | 4h | 0.02744 | +0.033% | — | $2.4M | — | as long as short |
| Binance CVCUSDTlong | +0.0031% | 4h | 0.02743 | long leg | $2.9M | $5.6M | 50x | |
| MEXC CVC_USDT | +0.0032% | 4h | 0.02744 | +0.033% | $661K | $124K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02748 | +0.179% | $1.4M | $398K | 30x | as long as short |
| Variational Omni CVC | +0.5876% | 1h | 0.02722 | −0.755% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.8484% | 1h | 0.02721 | −0.806% | $1.7M | $1.4M | 25x | as long as short |
Gate CVC_USDT
BingX CVC-USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT