Settings8H · net · $10k
Funding arb · Price arb /

CIEN

RWAall CIEN markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against OKX−0.003%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$227as in the Price arb table
costs, in and out, $10k−$2292.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.215%+$22 · spread now −0.003%, 7d avg −0.022%
Together, before fees+0.215%+$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CIEN-USDT-SWAP371.110get 0.0000% / 8h5h 34m$132K$186K20x
ShortGate CIEN_USDT371.100get 0.0000% / 8h5h 34m$299K$38K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
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% → −0.022%
$1.95
Slippage, 4 orders
−$204.24
Fee OKX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$227.3
Costs to cover
2.292%
Break-even
never at this rate
Slippage from OKX: live order book, 26 min ago; Gate: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 26 min ago11.77 bp81.8 bp −$82doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 26 min ago24.34 bp37.5 bp −$37doesn't fitdoesn't fitdoesn't fit

CIEN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CIENUSDT0.0000%8h371.04−0.019%$176K$458K25xas long as short
OKX CIEN-USDT-SWAPlong0.0000%8h371.11long leg$132K$186K20x
Gate CIEN_USDTshort0.0000%8h371.10−0.003%$299K$38K20x
Bitget CIENUSDT0.0000%8h371.08−0.008%$94K$187K20xas long as short
Variational Omni CIEN0.0000%8h371.35+0.065%$49K$55Kas long as short
QFEX CIEN-USD+0.0007%1h371.38+0.073%$1.1M$4.4M10xas long as short
Binance CIENUSDT+0.0034%8h371.45+0.092%$534K$1.2M20xas long as short
SunX CIEN-USDT+0.0100%8h370.60−0.137%$1K$896K10xas long as short
HTX CIEN-USDT+0.0100%8h373.98+0.773%$9K$41K10xas long as short
KuCoin CIENUSDTM+0.0144%8h370.54−0.154%$100K$188K20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paragon para:CIEN+0.2831%1h370.87−0.065%$69K$114K10xas long as short