Funding you earn now, next payment 04:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.144%
Price spread now: Bitget against Gate+0.036%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$980.977% of the position
Funding, last 7 days−0.629%−$63 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.036%, 7d avg −0.043%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bitget is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.629%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CVC_USDT | 0.02759 | 0.0078 | pay 0.0039% / 4h | 1h 18m | $217K | $313K | 25x |
| Short | Bitget CVCUSDT | 0.02760 | 0.0100 | get 0.0050% / 4h | 1h 18m | $451K | $464K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $4.62
- Price spread: +0.036% → −0.043%
- $7.94
- Slippage, 4 orders
- −$70.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$85.09
- Costs to cover
- 0.977%
- Break-even
- 135.9 days
Slippage from Gate: live order book, 41 min ago; Bitget: live order book, 37 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, 41 min ago | 3.63 bp | 29.4 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 3.64 bp | 19.2 bp −$19 | 95.9 bp −$959 | 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 | +0.0078% | 4h | 0.02759 | long leg | $217K | $313K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02762 | +0.109% | $3.0M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02763 | +0.145% | $660K | $132K | 20x | as long as short |
| Bitget CVCUSDTshort | +0.0100% | 4h | 0.02760 | +0.036% | $451K | $464K | 50x | |
| KuCoin CVCUSDTM | +0.0196% | 4h | 0.02767 | +0.290% | $1.4M | $416K | 30x | as long as short |
| Variational Omni CVC | +0.0493% | 1h | 0.02743 | −0.580% | $1K | $370 | — | as long as short |
| BingX CVC-USDT | +0.0574% | 4h | 0.02756 | −0.109% | — | $2.4M | — | as long as short |
| Bybit CVCUSDT | +0.3492% | 1h | 0.02747 | −0.435% | $1.7M | $1.6M | 25x | as long as short |
Gate CVC_USDT
Bitget CVCUSDT
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Variational Omni CVC
BingX CVC-USDT
Bybit CVCUSDT