Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%
Price spread now: Gate against Bybit+0.003%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2302.301% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.003%, 7d avg +0.017%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CIENUSDT | 368.49 | 0 | get 0.0000% / 8h | 2h 30m | $169K | $1.5M | 25x |
| Short | Gate CIEN_USDT | 368.50 | 0 | get 0.0000% / 8h | 2h 30m | $303K | $40K | 20x |
Bybit CIENUSDT
Gate CIEN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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: +0.003% → +0.017%
- −$1.39
- Slippage, 4 orders
- −$204.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$231.52
- Costs to cover
- 2.301%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 54 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 Bybit live order book, 1 min ago | 10.45 bp | 107.0 bp −$107 | 204.7 bp −$2,047 | doesn't fit | doesn't fit |
| Sell Gate live order book, 54 min ago | 20.49 bp | 54.9 bp −$55 | 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 CIENUSDT | 0.0000% | 8h | 368.84 | +0.095% | $493K | $1.2M | 20x | as long as short |
| Bybit CIENUSDTlong | 0.0000% | 8h | 368.49 | long leg | $169K | $1.5M | 25x | |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 368.53 | +0.011% | $133K | $227K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 368.50 | +0.003% | $303K | $40K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 368.60 | +0.030% | $85K | $345K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 368.41 | −0.021% | $9K | $13K | — | as long as short |
| QFEX CIEN-USD | +0.0056% | 1h | 368.72 | +0.062% | $1.1M | $4.6M | 10x | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 368.40 | −0.024% | $90K | $99K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 368.76 | +0.073% | $102K | $108K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 369.01 | +0.141% | $993 | $1.1M | 10x | as long as short |
Binance CIENUSDT
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
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 | 372.44 | +1.072% | $9K | $39K | 10x | as long as short |
HTX CIEN-USDT