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: Bitget against Phemex−0.090%7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as in the Funding arb table
Net, price: spread back to 7d avg − costs−$172as in the Price arb table
costs, in and out, $10k−$1691.689% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)−0.119%−$12 · spread now −0.090%, 7d avg −0.062%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.028% cheaper against Phemex than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.062%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CSCOUSDT | 111.57 | 0 | get 0.0000% / 8h | 6h 22m | $1.3M | $35K | 10x |
| Short | Bitget CSCOUSDT | 111.47 | 0 | get 0.0000% / 8h | 6h 22m | $302K | $57K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Phemex. 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: −0.090% → −0.062%
- −$2.79
- Slippage, 4 orders
- −$144.9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$171.69
- Costs to cover
- 1.689%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; Bitget: live order book, 37 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 Phemex live order book, 5 min ago | 4.03 bp | 43.9 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 6.72 bp | 56.3 bp −$56 | 69.0 bp −$690 | doesn't fit | doesn't fit |
CSCO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CSCOUSDT | 0.0000% | 8h | 111.56 | −0.010% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.58 | +0.009% | $727K | $452K | 20x | as long as short |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.56 | −0.009% | $417K | $63K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.49 | −0.072% | $282K | $153K | 20x | as long as short |
| Gate CSCO_USDT | 0.0000% | 8h | 111.50 | −0.063% | $303K | $7K | 25x | as long as short |
| Bitget CSCOUSDTshort | 0.0000% | 8h | 111.47 | −0.090% | $302K | $57K | 20x | |
| Variational Omni CSCO | 0.0000% | 8h | 111.54 | −0.025% | $37K | $6K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.54 | −0.031% | $1K | $200K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.50 | −0.063% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.57 | 0.000% | $6K | $3K | 10x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDTlong | 0.0000% | 8h | 111.57 | long leg | $1.3M | $35K | 10x | |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.31 | −0.233% | $331K | $632K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.30 | −0.242% | $232K | $2K | 10x | as long as short |
Phemex CSCOUSDT
Bitget CSCOUSDT
Aster CSCOUSDT
Binance CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Gate CSCO_USDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDT
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD