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 Phemex−0.098%49s7-day average −0.073% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1391.390% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)−0.203%−$20 · spread now −0.098%, 7d avg −0.073%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% 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 −0.073%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex CSCOUSDT | 111.77 | 0 | get 0.0000% / 8h | 3h 01m | $1.3M | $35K | 10x |
| Short | Gate CSCO_USDT | 111.66 | 0 | get 0.0000% / 8h | 3h 01m | $305K | $7K | 25x |
Phemex CSCOUSDT
Gate CSCO_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.098% → −0.073%
- −$2.52
- Slippage, 4 orders
- −$111.97
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$141.49
- Costs to cover
- 1.390%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 49 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, 1 min ago | 2.69 bp | 40.7 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 49 min ago | 19.31 bp | 28.5 bp −$29 | doesn't fit | 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 | 111.69 | −0.075% | $4K | $6K | 20x | as long as short |
| Binance CSCOUSDT | 0.0000% | 8h | 111.68 | −0.080% | $742K | $447K | 20x | as long as short |
| Bybit CSCOUSDT | 0.0000% | 8h | 111.66 | −0.098% | $411K | $67K | 25x | as long as short |
| OKX CSCO-USDT-SWAP | 0.0000% | 8h | 111.60 | −0.152% | $270K | $156K | 20x | as long as short |
| Gate CSCO_USDTshort | 0.0000% | 8h | 111.66 | −0.098% | $305K | $7K | 25x | |
| Bitget CSCOUSDT | 0.0000% | 8h | 111.65 | −0.107% | $330K | $77K | 20x | as long as short |
| Variational Omni CSCO | 0.0000% | 8h | 111.64 | −0.120% | $39K | $8K | — | as long as short |
| GRVT CSCO_USDT_Perp | 0.0000% | 8h | 111.65 | −0.108% | $1K | $186K | 10x | as long as short |
| SunX CSCO-USDT | 0.0000% | 8h | 111.71 | −0.054% | $2K | $1.3M | 10x | as long as short |
| HTX CSCO-USDT | 0.0000% | 8h | 111.73 | −0.036% | $6K | $3K | 10x | as long as short |
Aster CSCOUSDT
Binance CSCOUSDT
Bybit CSCOUSDT
OKX CSCO-USDT-SWAP
Bitget CSCOUSDT
Variational Omni CSCO
GRVT CSCO_USDT_Perp
SunX CSCO-USDT
HTX CSCO-USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex CSCOUSDTlong | 0.0000% | 8h | 111.77 | long leg | $1.3M | $35K | 10x | |
| KuCoin CSCOUSDTM | +0.0100% | 8h | 111.48 | −0.259% | $327K | $773K | 20x | as long as short |
| Extended CSCO_24_5-USD | +0.0104% | 1h | 111.51 | −0.233% | $232K | $2K | 10x | as long as short |
KuCoin CSCOUSDTM
Extended CSCO_24_5-USD