CC

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.105%

7d average—if it closes, per $10,000$10funding while held, a day+$0.00

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Derive CC-PERP	0.1162	0.0100	pay 0.0013% / 1h	18m 44s	$7K	$32K	6.7x
Short	Binance CCUSDT	0.1163	0.0100	get 0.0050% / 4h	18m 44s	$11.4M	$9.8M	75x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee DerivebpFee BinancebpOrdersClose when spread is

Spread captured: $10.46
Funding while held: $0
Slippage, 4 orders: no order book: not counted
Fee Derive: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: −$5.54
Spread needed to break even: 0.160%

Slippage unknown: Derive: no order-book sample; Binance: live order book, 8 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: 0.0000%
Per $10,000 a day: +$0.00
Average in range /8h: —

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 Derive no order-book sample	—	—	—	—	—
Sell Binance live order book, 8 min ago	1.72 bp	22.8 bp −$23	77.4 bp −$774	451.4 bp −$45.1K	doesn't fit

Derive: 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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective0.1143cheapest Variational Omni0.1157+1.260%

Derive0.1162+1.628%

Gate0.1162+1.689%Aster0.1163+1.711%MEXC0.1163+1.715%Backpack0.1163+1.724%BloFin0.1163+1.724%Bybit0.1163+1.732%

Binance0.1163+1.734%

GMX0.1163+1.751%BingX0.1163+1.759%KuCoin0.1163+1.776%Paradex0.1164+1.794%OKX0.1164+1.811%Bitget0.1164+1.872%Lighter0.1165+1.890%Hyperliquid0.1165+1.942%

CC on 18 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective CC/USDC PERP	−1.602%	−0.3351%	1h	$6K	$99	5.5x	as long as short
Variational Omni CC	−0.362%	+0.0100%	4h	$581K	$41K	—	as long as short
Derive CC-PERPlong	0.000%	+0.0100%	1h	$7K	$32K	6.7x
Gate CC_USDT	+0.060%	+0.0100%	4h	$367K	$189K	50x	as long as short
Aster CCUSDT	+0.082%	+0.0100%	4h	$37K	$32K	20x	as long as short
MEXC CC_USDT	+0.085%	+0.0100%	4h	$1.7M	$260K	100x	as long as short
Backpack CC_USDC_PERP	+0.094%	+0.0100%	1h	$12K	$16K	10x	as long as short
BloFin CC-USDT	+0.094%	+0.0340%	4h	$617K	$101K	75x	as long as short
Bybit CCUSDT	+0.103%	+0.0100%	4h	$10.3M	$3.4M	25x	as long as short
Binance CCUSDTshort	+0.105%	+0.0100%	4h	$11.4M	$9.8M	75x

Show all 18 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
GMX CC/USD [WBTC.b-USDC]	+0.121%	L +0.0443% / S −0.0239%	1h	$43K	—	50x	as long as short
BingX CC-USDT	+0.129%	+0.0100%	4h	—	$6.6M	—	as long as short
KuCoin CCUSDTM	+0.146%	+0.0100%	4h	$472K	$110K	50x	as long as short
Paradex CC-USD-PERP	+0.164%	+0.0085%	8h	$1K	—	5x	as long as short
OKX CC-USDT-SWAP	+0.180%	+0.0100%	4h	$2.5M	$3.2M	20x	as long as short
Bitget CCUSDT	+0.240%	+0.0100%	4h	$953K	$713K	20x	as long as short
Lighter CC	+0.258%	+0.0096%	1h	$236K	$138K	5x	as long as short
Hyperliquid CC	+0.309%	+0.0100%	1h	$5.3M	$980K	3x	as long as short