Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against Binance+0.050%7-day average −0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.050%, 7d avg −0.088%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.138% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CIENUSDT | 366.62 | 0 | get 0.0000% / 8h | 3h 11m | $527K | $1.2M | 20x |
| Short | Gate CIEN_USDT | 366.80 | 0 | get 0.0000% / 8h | 3h 11m | $287K | $40K | 20x |
Binance CIENUSDT
Gate CIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.050% → −0.088%
- $13.84
- Slippage, 4 orders
- −$125.44
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$136.6
- Costs to cover
- 1.504%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 39 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, 7 min ago | 1.77 bp | 30.2 bp −$30 | 91.0 bp −$910 | doesn't fit | doesn't fit |
| Sell Gate live order book, 39 min ago | 23.00 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CIENUSDTlong | 0.0000% | 8h | 366.62 | long leg | $527K | $1.2M | 20x | |
| Bybit CIENUSDT | 0.0000% | 8h | 366.89 | +0.075% | $176K | $395K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 366.40 | −0.059% | $133K | $187K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 366.80 | +0.050% | $287K | $40K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 366.42 | −0.053% | $97K | $195K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 366.82 | +0.055% | $49K | $55K | — | as long as short |
| QFEX CIEN-USD | +0.0015% | 1h | 366.46 | −0.042% | $1.1M | $4.1M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 366.67 | +0.015% | $104K | $189K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 366.67 | +0.015% | $1K | $873K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 370.71 | +1.117% | $9K | $42K | 10x | as long as short |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
Variational Omni CIEN
QFEX CIEN-USD
KuCoin CIENUSDTM
SunX CIEN-USDT
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.0936% | 1h | 366.60 | −0.003% | $66K | $132K | 10x | as long as short |
Paragon para:CIEN