Funding you earn now, next payment 00:00 UTC+0.1460%/8h= +159.8% APRnext payment +$7.30 per $10,000 · paid last 24h +0.114%
Price spread now: Binance against Gate+0.110%7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$920.923% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.473%−$47 · spread now +0.110%, 7d avg −0.073%
=Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Binance is 0.183% dearer against Gate than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.073%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVC_USDT | 0.02726 | −0.1428 | get 0.0714% / 4h | 2h 41m | $208K | $308K | 25x |
| Short | Binance CVCUSDT | 0.02729 | 0.0032 | get 0.0016% / 4h | 2h 41m | $2.9M | $5.6M | 50x |
Gate CVC_USDT
Binance CVCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $306.5
- Price spread: +0.110% → −0.073%
- $18.32
- Slippage, 4 orders
- −$67.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $232.49
- Costs to cover
- 0.923%
- Break-even
- 1.7 days
Slippage from Gate: live order book, 43 min ago; Binance: live order book, 12 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, 43 min ago | 5.49 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.83 bp | 17.8 bp −$18 | 65.3 bp −$653 | 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_USDTlong | −0.1428% | 4h | 0.02726 | long leg | $208K | $308K | 25x | |
| Bitget CVCUSDT | +0.0014% | 4h | 0.02727 | +0.037% | $462K | $462K | 50x | as long as short |
| BingX CVC-USDT | +0.0014% | 4h | 0.02721 | −0.183% | — | $2.4M | — | as long as short |
| MEXC CVC_USDT | +0.0028% | 4h | 0.02728 | +0.073% | $676K | $120K | 20x | as long as short |
| Binance CVCUSDTshort | +0.0032% | 4h | 0.02729 | +0.110% | $2.9M | $5.6M | 50x | |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02731 | +0.183% | $1.4M | $398K | 30x | as long as short |
| Variational Omni CVC | +0.3241% | 1h | 0.02705 | −0.770% | $1K | $370 | — | as long as short |
| Bybit CVCUSDT | +1.6470% | 1h | 0.02709 | −0.624% | $1.7M | $1.4M | 25x | as long as short |
Bitget CVCUSDT
BingX CVC-USDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT