CVC

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0228%/8h= −25.0% APRnext payment −$1.14 per $10,000 · paid last 24h −0.144%

Price spread now: Gate against Bitget+0.183%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$980.977% of the position

Long on Bitget Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.629%+$63 on $10k

Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.183%, 7d avg +0.043%

Together, before fees+0.409%+$41 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.139% dearer against Bitget than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.043%): +$14 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.629%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CVCUSDT	0.02738	0.0100	pay 0.0050% / 4h	1h 39m	$447K	$467K	50x
Short	Gate CVC_USDT	0.02743	−0.0128	pay 0.0064% / 4h	1h 39m	$215K	$312K	25x

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 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 BitgetbpFee GatebpOrdersPrice spread, now +0.183%Rate

Funding earned: −$47.88
Price spread: +0.183% → +0.043%: $13.95
Slippage, 4 orders: −$70.65
Fee Bitget: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$131.58
Costs to cover: 0.977%
Break-even: never at this rate

Slippage from Bitget: live order book, 17 min ago; Gate: live order book, 21 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, 17 min ago	3.64 bp	18.2 bp −$18	84.8 bp −$848	doesn't fit	doesn't fit
Sell Gate live order book, 21 min ago	3.63 bp	30.8 bp −$31	doesn't fit	doesn't fit	doesn't fit

CVC 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
Gate CVC_USDTshort	−0.0128%	4h	0.02743	+0.183%	$215K	$312K	25x
Variational Omni CVC	+0.0100%	1h	0.02725	−0.458%	$1K	$370	—	as long as short
Binance CVCUSDT	+0.0100%	4h	0.02736	−0.073%	$2.9M	$5.7M	50x	as long as short
MEXC CVC_USDT	+0.0100%	4h	0.02737	−0.037%	$654K	$129K	20x	as long as short
KuCoin CVCUSDTM	+0.0100%	4h	0.02745	+0.256%	$1.4M	$416K	30x	as long as short
Bitget CVCUSDTlong	+0.0100%	4h	0.02738	long leg	$447K	$467K	50x
BingX CVC-USDT	+0.0562%	4h	0.02735	−0.110%	—	$2.4M	—	as long as short
Bybit CVCUSDT	+0.1671%	1h	0.02725	−0.475%	$1.7M	$1.6M	25x	as long as short