Funding you earn now, next payment 04:00 UTC+0.0631%/8h= +69.1% APRnext payment +$3.16 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Bybit−0.109%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3453.451% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.109%, 7d avg −0.049%
=Funding pays, the price is against you. Gate is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.109% now, against its 7-day average of −0.049%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.073% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.16 per $10,000. 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 CCUSDT | 0.1196 | −0.0531 | get 0.0266% / 4h | 3h 11m | $10.9M | $3.8M | 25x |
| Short | Gate CC_USDT | 0.1194 | 0.0100 | get 0.0050% / 4h | 3h 11m | $369K | $213K | 50x |
Bybit CCUSDT
Gate CC_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
- $132.54
- Price spread: −0.109% → −0.049%
- −$5.96
- Slippage, 4 orders
- −$319.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$218.52
- Costs to cover
- 3.451%
- Break-even
- 18.5 days
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 59 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, 2 min ago | 2.09 bp | 36.8 bp −$37 | 426.2 bp −$4,262 | doesn't fit | doesn't fit |
| Sell Gate live order book, 59 min ago | 10.59 bp | 46.1 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.4522% | 1h | 0.1184 | −0.962% | $6K | $100 | 5.5x | as long as short |
| Bybit CCUSDTlong | −0.0531% | 4h | 0.1196 | long leg | $10.9M | $3.8M | 25x | |
| MEXC CC_USDT | −0.0514% | 4h | 0.1195 | −0.050% | $1.7M | $316K | 100x | as long as short |
| Paradex CC-USD-PERP | +0.0098% | 8h | 0.1194 | −0.136% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1196 | +0.042% | $35K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1195 | −0.046% | $11.3M | $11.5M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1196 | +0.050% | $2.6M | $3.5M | 20x | as long as short |
| Gate CC_USDTshort | +0.0100% | 4h | 0.1194 | −0.109% | $369K | $213K | 50x | |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1196 | +0.067% | $501K | $119K | 50x | as long as short |
| Bitget CCUSDT | +0.0100% | 4h | 0.1196 | +0.017% | $957K | $792K | 20x | as long as short |
Injective CC/USDC PERP
MEXC CC_USDT
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
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 | 0.1196 | +0.008% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1196 | +0.017% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1196 | +0.034% | $609K | $55K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1196 | +0.008% | $90K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1195 | −0.061% | $6K | $36K | 6.7x | as long as short |
| Hyperliquid CC | +0.0163% | 1h | 0.1198 | +0.217% | $5.6M | $1.4M | 3x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1194 | −0.109% | $597K | $103K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0452% / S −0.0241% | 1h | 0.1197 | +0.097% | $45K | — | 50x | as long as short |
| Lighter CC | +0.0808% | 1h | 0.1200 | +0.402% | $237K | $154K | 5x | as long as short |
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
Hyperliquid CC
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC