Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Binance against Backpack+0.086%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.086% dearer against Backpack than usual: you sell high and buy low, +$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CC_USDC_PERP | 0.1165 | 0.0100 | pay 0.0013% / 1h | 44m 00s | $18K | $21K | 10x |
| Short | Binance CCUSDT | 0.1166 | 0.0100 | get 0.0050% / 4h | 2h 44m | $11.1M | $10.8M | 75x |
Backpack CC_USDC_PERP
Binance CCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Backpack. 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: +0.086% → 0.000%
- $8.58
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.42
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: no order-book sample; Binance: live order book, 11 min ago. Net counts fees only.
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 Backpack no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 0.43 bp | 19.5 bp −$19 | 90.9 bp −$909 | 476.2 bp −$47.6K | doesn't fit |
Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3670% | 1h | 0.1153 | −1.056% | $6K | $98 | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0099% | 8h | 0.1167 | +0.127% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1167 | +0.181% | $35K | $39K | 20x | as long as short |
| Binance CCUSDTshort | +0.0100% | 4h | 0.1166 | +0.086% | $11.1M | $10.8M | 75x | |
| Bybit CCUSDT | +0.0100% | 4h | 0.1166 | +0.051% | $10.5M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1167 | +0.103% | $2.5M | $3.4M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1164 | −0.103% | $362K | $206K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1166 | +0.026% | $1.7M | $294K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1168 | +0.240% | $493K | $115K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1165 | −0.009% | $940K | $791K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1166 | +0.051% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERPlong | +0.0100% | 1h | 0.1165 | long leg | $18K | $21K | 10x | |
| Variational Omni CC | +0.0100% | 4h | 0.1168 | +0.236% | $582K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1169 | +0.283% | $84K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1166 | +0.071% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1167 | +0.154% | $589K | $108K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0442% / S −0.0239% | 1h | 0.1167 | +0.184% | $43K | — | 50x | as long as short |
| Hyperliquid CC | +0.0843% | 1h | 0.1168 | +0.275% | $5.5M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1696% | 1h | 0.1170 | +0.378% | $234K | $160K | 5x | as long as short |
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC