Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.248%
Price spread now: Gate against Bitget−0.102%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$161as in the Price arb table
costs, in and out, $10k−$1511.510% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.102%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.101% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CIENUSDT | 371.58 | 0 | get 0.0000% / 8h | 1h 13m | $87K | $300K | 20x |
| Short | Gate CIEN_USDT | 371.20 | 0 | get 0.0000% / 8h | 1h 13m | $305K | $40K | 20x |
Bitget CIENUSDT
Gate CIEN_USDTFunding 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: −0.102% → −0.002%
- −$10.06
- Slippage, 4 orders
- −$124.04
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$161.1
- Costs to cover
- 1.510%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 61 min ago; Gate: live order book, 1 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, 61 min ago | 13.69 bp | 19.7 bp −$20 | 41.6 bp −$416 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 20.19 bp | 31.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | −0.0091% | 1h | 371.70 | +0.032% | $91K | $95K | 10x | as long as short |
| Binance CIENUSDT | 0.0000% | 8h | 371.80 | +0.059% | $495K | $1.2M | 20x | as long as short |
| Bybit CIENUSDT | 0.0000% | 8h | 371.69 | +0.030% | $171K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 371.93 | +0.094% | $134K | $216K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 371.20 | −0.102% | $305K | $40K | 20x | |
| Bitget CIENUSDTlong | 0.0000% | 8h | 371.58 | long leg | $87K | $300K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 371.87 | +0.078% | $9K | $13K | — | as long as short |
| QFEX CIEN-USD | +0.0041% | 1h | 371.62 | +0.011% | $1.1M | $4.7M | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0100% | 8h | 372.12 | +0.145% | $102K | $115K | 20x | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 371.68 | +0.027% | $955 | $1.1M | 10x | as long as short |
Paragon para:CIEN
Binance CIENUSDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Variational Omni CIEN
QFEX CIEN-USD
KuCoin CIENUSDTM
SunX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CIEN-USDT | +0.0100% | 8h | 373.96 | +0.641% | $9K | $40K | 10x | as long as short |
HTX CIEN-USDT