Funding you earn now, next payment 04:00 UTC−0.0200%/8h= −21.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.369%
Price spread now: Gate against BingX+0.073%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$960.959% of the position
Funding, last 6 days (all we have)−0.889%−$89 on $10k
+Price spread, last 4 days (all we have)−0.221%−$22 · spread now +0.073%, 7d avg +0.029%
=The price spread pays, funding is against you. Gate is 0.044% dearer against BingX than usual: you sell high and buy low (spread +0.073% now, against its 7-day average of +0.029%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours. At the pace of the last 6 days (−0.889% in total) that is about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CVC-USDT | 0.02733 | 0.0100 | pay 0.0050% / 4h | 1h 46m | — | $2.4M | — |
| Short | Gate CVC_USDT | 0.02735 | −0.0100 | pay 0.0050% / 4h | 1h 46m | $214K | $311K | 25x |
BingX CVC-USDT
Gate CVC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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
- −$42
- Price spread: +0.073% → +0.029%
- $4.45
- Slippage, 4 orders
- −$70.86
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$133.41
- Costs to cover
- 0.959%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Gate: live order book, 14 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 BingX live order book, 3 min ago | 5.49 bp | 17.8 bp −$18 | 59.2 bp −$592 | 782.8 bp −$78.3K | doesn't fit |
| Sell Gate live order book, 14 min ago | 3.63 bp | 30.8 bp −$31 | doesn't fit | 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_USDTshort | −0.0100% | 4h | 0.02735 | +0.073% | $214K | $311K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02738 | +0.183% | $2.9M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02736 | +0.110% | $653K | $128K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02742 | +0.329% | $1.4M | $415K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02737 | +0.146% | $445K | $464K | 50x | as long as short |
| BingX CVC-USDTlong | +0.0100% | 4h | 0.02733 | long leg | — | $2.4M | — | |
| Variational Omni CVC | +0.0100% | 1h | 0.02726 | −0.255% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +0.1856% | 1h | 0.02722 | −0.402% | $1.7M | $1.6M | 25x | as long as short |
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Variational Omni CVC
Bybit CVCUSDT