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

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h +0.189%
Price spread now: Bitget against SunX+0.019%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 3 days (all we have)−0.152%−$15 · spread now +0.019%, 7d avg −0.002%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.021% dearer against SunX than usual: you sell high and buy low (spread +0.019% now, against its 7-day average of −0.002%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CIEN-USDT372.800.0100pay 0.0100% / 8h7h 15m$1K$930K10x
ShortBitget CIENUSDT372.870get 0.0000% / 8h7h 15m$92K$220K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
−$21
Price spread: +0.019% → −0.002%
$2.11
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$38.89
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 17 min ago; Bitget: live order book, 49 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 17 min ago500.15 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 49 min ago12.22 bp41.3 bp −$4169.3 bp −$693doesn'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%8h372.81+0.003%$176K$1.3M25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h373.14+0.091%$134K$219K20xas long as short
Gate CIEN_USDT0.0000%8h372.60−0.054%$305K$38K20xas long as short
Bitget CIENUSDTshort0.0000%8h372.87+0.019%$92K$220K20x
QFEX CIEN-USD+0.0080%1h372.79−0.003%$1.1M$4.7M10xas long as short
SunX CIEN-USDTlong+0.0100%8h372.80long leg$1K$930K10x
HTX CIEN-USDT+0.0100%8h375.89+0.829%$9K$41K10xas long as short
Variational Omni CIEN+0.0129%8h372.89+0.023%$50K$54Kas long as short
Binance CIENUSDT+0.0214%8h372.95+0.041%$542K$1.2M20xas long as short
Paragon para:CIEN+0.0312%1h372.73−0.020%$91K$85K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CIENUSDTM+0.0440%8h372.91+0.030%$100K$164K20xas long as short