Funding you earn now, next payment 00:00 UTC+0.1442%/8h= +157.9% APRnext payment +$7.21 per $10,000 · paid last 24h +0.494%
Price spread now: BingX against Gate−0.110%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$950.948% of the position
Funding, last 6 days (all we have)+0.866%+$87 on $10k
+Price spread, last 4 days (all we have)+0.165%+$17 · spread now −0.110%, 7d avg −0.017%
=Funding pays, the price is against you. BingX is 0.093% cheaper against Gate than usual: you would sell low and buy high (spread −0.110% now, against its 7-day average of −0.017%). If the spread goes back, that is −$9 on $10k: about 5 hours of funding at the current rate (+$43 a day). At the pace of the last 6 days (+0.866% in total) that is about 15 hours.
| 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 40m | $208K | $308K | 25x |
| Short | BingX CVC-USDT | 0.02723 | 0.0014 | get 0.0007% / 4h | 2h 40m | — | $2.4M | — |
Gate CVC_USDT
BingX CVC-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $302.82
- Price spread: −0.110% → −0.017%
- −$9.32
- Slippage, 4 orders
- −$69.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $198.72
- Costs to cover
- 0.948%
- Break-even
- 2.4 days
Slippage from Gate: live order book, 44 min ago; BingX: live order book, 8 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, 44 min ago | 5.49 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 8 min ago | 7.36 bp | 19.5 bp −$19 | 60.6 bp −$606 | 842.0 bp −$84.2K | 1297.2 bp −$648.6K |
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 | 0.02728 | +0.073% | $462K | $462K | 50x | as long as short |
| BingX CVC-USDTshort | +0.0014% | 4h | 0.02723 | −0.110% | — | $2.4M | — | |
| MEXC CVC_USDT | +0.0030% | 4h | 0.02729 | +0.110% | $677K | $120K | 20x | as long as short |
| Binance CVCUSDT | +0.0032% | 4h | 0.02730 | +0.147% | $2.9M | $5.6M | 50x | as long as short |
| 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 | +1.5181% | 1h | 0.02709 | −0.624% | $1.7M | $1.4M | 25x | as long as short |
Bitget CVCUSDT
MEXC CVC_USDT
Binance CVCUSDT
KuCoin CVCUSDTM
Variational Omni CVC
Bybit CVCUSDT