Settings8H · net · $10k
Funding arb · Price arb /

CC

all CC markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0496%/8h= +54.3% APRpaid last 24h 0.000%
Price spread now: Paradex against Bybit+0.180%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Paradex is 0.180% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CCUSDT0.1170−0.0414get 0.0207% / 4h2h 45m$10.6M$3.9M25x
ShortParadex CC-USD-PERP0.11720.0082get 0.0082% / 8h6h 45m$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$104.16
Price spread: +0.180% → 0.000%
$17.99
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Paradex: 2 bp × 2 orders
−$4
Net
$107.16
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Bybit: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 2 min ago2.13 bp35.6 bp −$36408.3 bp −$4,083doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3556%1h0.1159−0.915%$6K$975.5xas long as short
Bybit CCUSDTlong−0.0414%4h0.1170long leg$10.6M$3.9M25x
MEXC CC_USDT−0.0412%4h0.11700.000%$1.6M$313K100xas long as short
Paradex CC-USD-PERPshort+0.0082%8h0.1172+0.180%$1K5x
Hyperliquid CC+0.0100%1h0.1172+0.154%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1172+0.213%$35K$39K20xas long as short
Binance CCUSDT+0.0100%4h0.1169−0.017%$11.0M$12.0M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1170+0.026%$2.5M$3.6M20xas long as short
Gate CC_USDT+0.0100%4h0.1170−0.009%$364K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1171+0.085%$497K$121K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.11700.000%$927K$804K20xas long as short
BingX CC-USDT+0.0100%4h0.1170−0.009%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1169−0.017%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1171+0.143%$597K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1172+0.222%$81K$2.3M10xas long as short
Derive CC-PERP+0.0100%1h0.1170−0.001%$6K$36K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1174+0.393%$599K$101K75xas long as short
Lighter CC+0.0440%1h0.1174+0.376%$232K$150K5xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1171+0.152%$44K50xas long as short