Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.032%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$352as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3503.497% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.032%, 7d avg +0.022%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CIENUSDT | 371.48 | 0 | get 0.0000% / 8h | 6h 19m | $175K | $740K | 25x |
| Short | Gate CIEN_USDT | 371.60 | 0 | get 0.0000% / 8h | 6h 19m | $304K | $37K | 20x |
Bybit CIENUSDT
Gate CIEN_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
- $0
- Price spread: +0.032% → +0.022%
- $1.05
- Slippage, 4 orders
- −$323.69
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$348.64
- Costs to cover
- 3.497%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 16 min ago; Gate: live order book, 46 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, 16 min ago | 5.25 bp | 113.7 bp −$114 | 217.9 bp −$2,179 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 20.13 bp | 28.9 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDTlong | 0.0000% | 8h | 371.48 | long leg | $175K | $740K | 25x | |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 371.24 | −0.065% | $133K | $222K | 20x | as long as short |
| Gate CIEN_USDTshort | 0.0000% | 8h | 371.60 | +0.032% | $304K | $37K | 20x | |
| Bitget CIENUSDT | 0.0000% | 8h | 371.75 | +0.073% | $93K | $221K | 20x | as long as short |
| QFEX CIEN-USD | +0.0018% | 1h | 371.50 | +0.005% | $1.1M | $4.5M | 10x | as long as short |
| Variational Omni CIEN | +0.0034% | 8h | 371.57 | +0.026% | $49K | $55K | — | as long as short |
| SunX CIEN-USDT | +0.0100% | 8h | 371.36 | −0.032% | $1K | $911K | 10x | as long as short |
| HTX CIEN-USDT | +0.0100% | 8h | 374.49 | +0.810% | $9K | $41K | 10x | as long as short |
| Binance CIENUSDT | +0.0121% | 8h | 371.89 | +0.110% | $537K | $1.2M | 20x | as long as short |
| KuCoin CIENUSDTM | +0.0343% | 8h | 371.40 | −0.022% | $99K | $183K | 20x | as long as short |
OKX CIEN-USDT-SWAP
Bitget CIENUSDT
QFEX CIEN-USD
Variational Omni CIEN
SunX CIEN-USDT
HTX CIEN-USDT
Binance CIENUSDT
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.2360% | 1h | 371.78 | +0.081% | $91K | $85K | 10x | as long as short |
Paragon para:CIEN