CAP

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.26 per $10,000 · paid last 24h +0.009%

Price spread now: Binance against BloFin−0.102%111s7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as 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−$810.812% of the position

Long on BloFin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)−0.937%−$94 · spread now −0.102%, 7d avg +0.019%

Together, before fees−0.895%−$90 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.121% cheaper against BloFin than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.019%). If the spread goes back, that is −$12 on $10k: about 7.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.041% in total) that is about 20 days. The two prices were read 111 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	BloFin CAP-USDT	0.04582	0.0048	pay 0.0024% / 4h	3h 01m	$365K	$64K	10x
Short	Binance CAPUSDT	0.04577	0.0100	get 0.0050% / 4h	3h 01m	$8.6M	$8.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee BinancebpOrdersPrice spread, now −0.102%Rate

Funding earned: $10.85
Price spread: −0.102% → +0.019%: −$12.1
Slippage, 4 orders: −$59.19
Fee BloFin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$82.44
Costs to cover: 0.812%
Break-even: 60.2 days

Slippage from BloFin: live order book, 9 min ago; Binance: live order book, 8 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 BloFin live order book, 9 min ago	4.36 bp	20.4 bp −$20	57.0 bp −$570	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	1.09 bp	23.6 bp −$24	104.1 bp −$1,041	doesn't fit	doesn't fit

CAP on 14 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
gTrade (Gains Network) CAP/USD	L 0.0000% / S 0.0000%	1h	0.04574	−0.169%	—	—	150x	as long as short
BloFin CAP-USDTlong	+0.0048%	4h	0.04582	long leg	$365K	$64K	10x
BingX CAP-USDT	+0.0070%	4h	0.04574	−0.175%	—	$1.6M	—	as long as short
Lighter CAP	+0.0096%	1h	0.04575	−0.148%	$19K	$2K	3x	as long as short
Aster CAPUSDT	+0.0100%	4h	0.04577	−0.104%	$24K	$54K	5x	as long as short
Binance CAPUSDTshort	+0.0100%	4h	0.04577	−0.102%	$8.6M	$8.2M	10x
Bybit CAPUSDT	+0.0100%	4h	0.04573	−0.196%	$4.3M	$3.9M	10x	as long as short
OKX CAP-USDT-SWAP	+0.0100%	4h	0.04571	−0.240%	$2.1M	$7.2M	10x	as long as short
Gate CAP_USDT	+0.0100%	4h	0.04577	−0.109%	$301K	$1.2M	20x	as long as short
MEXC CAP_USDT	+0.0100%	4h	0.04577	−0.109%	$525K	$219K	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin CAPUSDTM	+0.0100%	4h	0.04580	−0.044%	$4.1M	$1.4M	10x	as long as short
Bitget CAPUSDT	+0.0100%	4h	0.04576	−0.131%	$1.0M	$645K	10x	as long as short
Variational Omni CAP	+0.0100%	4h	0.04572	−0.213%	$8K	$7K	—	as long as short
Orderly PERP_CAP_USDC_mythos	+0.0100%	4h	0.04577	−0.120%	$4K	$2K	10x	as long as short