Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: SunX against Gate−0.033%7-day average +0.008% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.139%+$14 · spread now −0.033%, 7d avg +0.008%
=Funding pays, the price is against you. SunX is 0.041% cheaper against Gate than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.008%). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CIEN_USDT | 366.30 | 0 | get 0.0000% / 8h | 1h 06m | $296K | $41K | 20x |
| Short | SunX CIEN-USDT | 366.18 | 0.0100 | get 0.0100% / 8h | 1h 06m | — | $870K | 10x |
Gate CIEN_USDT
SunX CIEN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $21
- Price spread: −0.033% → +0.008%
- −$4.08
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$6.08
- Costs to cover
- 0.230%
- Break-even
- 9.0 days
Slippage unknown: Gate: live order book, 33 min ago; SunX: live order book, 36 min ago. Net counts fees only.
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, 33 min ago | 23.34 bp | 32.2 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 36 min ago | 500.12 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CIENUSDT | −0.0210% | 8h | 366.12 | −0.049% | $97K | $190K | 20x | as long as short |
| QFEX CIEN-USD | −0.0080% | 1h | 366.10 | −0.055% | $1.1M | $3.3M | 10x | as long as short |
| Binance CIENUSDT | 0.0000% | 8h | 366.09 | −0.057% | $506K | $1.3M | 20x | as long as short |
| Bybit CIENUSDT | 0.0000% | 8h | 366.01 | −0.079% | $174K | $185K | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 365.64 | −0.180% | $131K | $192K | 20x | as long as short |
| Gate CIEN_USDTlong | 0.0000% | 8h | 366.30 | long leg | $296K | $41K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 365.46 | −0.230% | $48K | $55K | — | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 365.56 | −0.202% | $104K | $187K | 20x | as long as short |
| SunX CIEN-USDTshort | +0.0100% | 8h | 366.18 | −0.033% | — | $870K | 10x | |
| HTX CIEN-USDT | +0.0100% | 8h | 369.30 | +0.819% | $9K | $42K | 10x | as long as short |
Bitget CIENUSDT
QFEX CIEN-USD
Binance CIENUSDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Variational Omni CIEN
KuCoin CIENUSDTM
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.0151% | 1h | 366.01 | −0.080% | $66K | $139K | 10x | as long as short |
Paragon para:CIEN