Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.235%
Price spread now: Binance against Bitget+0.091%7-day average +0.109% · 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−$132as in the Price arb table
costs, in and out, $10k−$1301.298% of the position
Funding, last 7 days−0.244%−$24 on $10k
+Price spread, last 2 days (all we have)−0.038%−$4 · spread now +0.091%, 7d avg +0.109%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CIENUSDT | 368.60 | 0 | get 0.0000% / 8h | 2h 35m | $85K | $345K | 20x |
| Short | Binance CIENUSDT | 368.94 | 0 | get 0.0000% / 8h | 2h 35m | $492K | $1.2M | 20x |
Bitget CIENUSDT
Binance CIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: +0.091% → +0.109%
- −$1.81
- Slippage, 4 orders
- −$107.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$131.61
- Costs to cover
- 1.298%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 48 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 Bitget live order book, 48 min ago | 11.47 bp | 32.2 bp −$32 | 57.6 bp −$576 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 8.82 bp | 21.1 bp −$21 | 79.7 bp −$797 | 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 CIENUSDTshort | 0.0000% | 8h | 368.94 | +0.091% | $492K | $1.2M | 20x | |
| Bybit CIENUSDT | 0.0000% | 8h | 368.38 | −0.060% | $169K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 367.80 | −0.217% | $133K | $227K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 368.30 | −0.081% | $303K | $40K | 20x | as long as short |
| Bitget CIENUSDTlong | 0.0000% | 8h | 368.60 | long leg | $85K | $345K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 368.41 | −0.051% | $9K | $13K | — | as long as short |
| QFEX CIEN-USD | +0.0056% | 1h | 368.82 | +0.060% | $1.1M | $4.6M | 10x | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 368.01 | −0.161% | $92K | $99K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 368.54 | −0.016% | $101K | $108K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 368.42 | −0.049% | $991 | $1.1M | 10x | as long as short |
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Variational Omni CIEN
QFEX CIEN-USD
Paragon para:CIEN
KuCoin CIENUSDTM
SunX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CIEN-USDT | +0.0100% | 8h | 370.83 | +0.605% | $9K | $39K | 10x | as long as short |
HTX CIEN-USDT