Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bitget−0.157%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1561.558% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now −0.157%, 7d avg −0.096%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.061% cheaper against Bitget than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.096%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CPUSDT | 0.01400 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $796K | $1.5M | 20x |
| Short | Gate CP_USDT | 0.01398 | 0.0100 | get 0.0050% / 4h | 1h 39m | $613K | $535K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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: −0.157% → −0.096%
- −$6.14
- Slippage, 4 orders
- −$128.81
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$161.95
- Costs to cover
- 1.558%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 22 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 Bitget live order book, 2 min ago | 8.95 bp | 27.6 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 22 min ago | 7.24 bp | 48.8 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDT | +0.0066% | 4h | 0.01399 | −0.086% | $422 | $40K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01398 | −0.157% | — | $1.0M | — | as long as short |
| Bybit CPUSDT | +0.0100% | 4h | 0.01400 | −0.014% | $1.4M | $2.5M | 20x | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01398 | −0.157% | $3.9M | $11.1M | 20x | as long as short |
| Gate CP_USDTshort | +0.0100% | 4h | 0.01398 | −0.157% | $613K | $535K | 20x | |
| MEXC CP_USDT | +0.0100% | 4h | 0.01399 | −0.086% | $1.5M | $360K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01400 | −0.014% | $201K | $894K | 20x | as long as short |
| Bitget CPUSDTlong | +0.0100% | 4h | 0.01400 | long leg | $796K | $1.5M | 20x |
Bitget CPUSDT
Gate CP_USDT
BloFin CP-USDT
BingX CP-USDT
Bybit CPUSDT
OKX CP-USDT-SWAP
MEXC CP_USDT
KuCoin CPUSDTM