Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.056%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$355as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3573.572% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.056%, 7d avg −0.023%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.080% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CIEN_USDT | 372.60 | 0 | get 0.0000% / 8h | 7h 16m | $305K | $38K | 20x |
| Short | Bybit CIENUSDT | 372.81 | 0 | get 0.0000% / 8h | 7h 16m | $176K | $1.3M | 25x |
Gate CIEN_USDT
Bybit CIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: +0.056% → −0.023%
- $7.98
- Slippage, 4 orders
- −$331.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$349.18
- Costs to cover
- 3.572%
- Break-even
- never at this rate
Slippage from Gate: live order book, 53 min ago; Bybit: live order book, 4 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, 53 min ago | 18.81 bp | 99.6 bp −$100 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.89 bp | 110.2 bp −$110 | 236.1 bp −$2,361 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDTshort | 0.0000% | 8h | 372.81 | +0.056% | $176K | $1.3M | 25x | |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 373.14 | +0.145% | $134K | $219K | 20x | as long as short |
| Gate CIEN_USDTlong | 0.0000% | 8h | 372.60 | long leg | $305K | $38K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 372.87 | +0.072% | $92K | $220K | 20x | as long as short |
| QFEX CIEN-USD | +0.0080% | 1h | 372.81 | +0.056% | $1.1M | $4.7M | 10x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 372.85 | +0.067% | $1K | $930K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 376.63 | +1.082% | $9K | $41K | 10x | as long as short |
| Variational Omni CIEN | +0.0138% | 8h | 372.92 | +0.085% | $50K | $54K | — | as long as short |
| Binance CIENUSDT | +0.0217% | 8h | 372.97 | +0.100% | $542K | $1.2M | 20x | as long as short |
| Paragon para:CIEN | +0.0312% | 1h | 372.72 | +0.032% | $91K | $85K | 10x | as long as short |
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
QFEX CIEN-USD
SunX CIEN-USDT
HTX CIEN-USDT
Variational Omni CIEN
Binance CIENUSDT
Paragon para:CIENShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0443% | 8h | 372.86 | +0.070% | $100K | $164K | 20x | as long as short |
KuCoin CIENUSDTM