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

CP

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate0.000%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.201%+$20 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now 0.000%, 7d avg +0.073%
Together, before fees+0.318%+$32 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.073% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.073%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CP_USDT0.014170.0100pay 0.0050% / 4h20m 06s$624K$566K20x
ShortMEXC CP_USDT0.014170.0106get 0.0053% / 4h20m 06s$1.5M$358K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$1.26
Price spread: 0.000% → +0.073%
−$7.31
Slippage, 4 orders
−$96.91
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$121.96
Costs to cover
1.159%
Break-even
684.5 days
Slippage from Gate: live order book, 36 min ago; MEXC: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 36 min ago7.16 bp45.9 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago3.52 bp12.1 bp −$1271.1 bp −$711438.0 bp −$43.8Kdoesn't fit

CP on 8 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
BloFin CP-USDT+0.0059%4h0.014170.000%$431$43K20xas long as short
BingX CP-USDT+0.0070%4h0.01418+0.071%$1.0Mas long as short
Bybit CPUSDT+0.0100%4h0.01419+0.141%$1.4M$2.8M20xas long as short
Gate CP_USDTlong+0.0100%4h0.01417long leg$624K$566K20x
KuCoin CPUSDTM+0.0100%4h0.01418+0.071%$200K$892K20xas long as short
Bitget CPUSDT+0.0100%4h0.01419+0.120%$853K$1.6M20xas long as short
MEXC CP_USDTshort+0.0106%4h0.014170.000%$1.5M$358K20x
OKX CP-USDT-SWAP+0.0112%4h0.01419+0.141%$4.0M$11.8M20xas long as short