Funding you earn now, next payment 20:00 UTC−0.4780%/8hpaid last 24h −1.119%
Price spread now: Gate against Bybit+0.666%7-day average +0.004% · you sell dearer than you buy
to open and close $10k−$111fees + slippage, both legs, in and out
costs, in % of the position1.108%what the two incomes have to cover
Funding, last 7 days−0.955%−$95 on $10k
+Price spread, last 3 days (all we have)−0.770%−$77 · spread now +0.666%, 7d avg +0.004%
=The price spread pays, funding is against you. Gate is 0.662% dearer against Bybit than usual: you sell high and buy low (spread +0.666% now, against its 7-day average of +0.004%): +$66 on $10k if it goes back. Holding the pair costs −$143 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.955% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.955% in total (about -49.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02701 | 0.4542 | pay 0.0568% / 1h | 44m 33s | $1.7M | $1.3M | 25x |
| Short | Gate CVC_USDT | 0.02719 | −0.0238 | pay 0.0119% / 4h | 44m 33s | $211K | $301K | 25x |
Bybit CVCUSDT
Gate CVC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$1,003.73
- Price spread: +0.666% → +0.004%
- $66.23
- Slippage, 4 orders
- −$84.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,048.27
- Costs to cover
- 1.108%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 5 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 Bybit live order book, 6 min ago | 3.70 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 5.52 bp | 28.1 bp −$28 | 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 | −0.0238% | 4h | 0.02719 | +0.666% | $211K | $301K | 25x | |
| BingX CVC-USDT | +0.0070% | 4h | 0.02713 | +0.444% | — | $2.4M | — | as long as short |
| Binance CVCUSDT | +0.0100% | 4h | 0.02719 | +0.679% | $2.9M | $5.5M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02719 | +0.666% | $653K | $115K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02722 | +0.777% | $1.4M | $399K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02718 | +0.629% | $452K | $444K | 50x | as long as short |
| Variational Omni CVC | +0.0120% | 1h | 0.02702 | +0.036% | $1K | $369 | — | as long as short |
| Bybit CVCUSDTlong | +0.4542% | 1h | 0.02701 | long leg | $1.7M | $1.3M | 25x |
BingX CVC-USDT
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Variational Omni CVC