Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.248%
Price spread now: Gate against Bitget−0.057%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$261as in the Funding arb table
Net, price: spread back to 7d avg − costs−$241as in the Price arb table
costs, in and out, $10k−$2362.357% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.057%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.055% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CIENUSDT | 370.51 | 0 | get 0.0000% / 8h | 1h 43m | $86K | $307K | 20x |
| Short | Gate CIEN_USDT | 370.30 | 0 | get 0.0000% / 8h | 1h 43m | $304K | $40K | 20x |
Bitget CIENUSDT
Gate CIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.057% → −0.002%
- −$5.51
- Slippage, 4 orders
- −$208.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$241.16
- Costs to cover
- 2.357%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 31 min ago; Gate: live order book, 36 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, 31 min ago | 13.69 bp | 19.7 bp −$20 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 25.79 bp | 70.7 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | −0.0046% | 1h | 370.60 | +0.025% | $91K | $95K | 10x | as long as short |
| Binance CIENUSDT | 0.0000% | 8h | 370.88 | +0.100% | $493K | $1.2M | 20x | as long as short |
| Bybit CIENUSDT | 0.0000% | 8h | 370.94 | +0.116% | $169K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 370.30 | −0.057% | $134K | $217K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 370.30 | −0.057% | $304K | $40K | 20x | |
| Bitget CIENUSDTlong | 0.0000% | 8h | 370.51 | long leg | $86K | $307K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 370.94 | +0.116% | $9K | $13K | — | as long as short |
| QFEX CIEN-USD | +0.0041% | 1h | 370.85 | +0.092% | $1.1M | $4.7M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 370.90 | +0.105% | $102K | $111K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 370.77 | +0.070% | $945 | $1.1M | 10x | as long as short |
Paragon para:CIEN
Binance CIENUSDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Variational Omni CIEN
QFEX CIEN-USD
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 | 373.80 | +0.888% | $9K | $39K | 10x | as long as short |
HTX CIEN-USDT