Funding you earn now, next payment 00:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate+0.069%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$196as in the Price arb table
costs, in and out, $10k−$1991.993% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.069%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.034% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CC_USDT | 0.1160 | 0.0056 | pay 0.0028% / 4h | 1h 38m | $359K | $211K | 50x |
| Short | Binance CCUSDT | 0.1161 | 0.0100 | get 0.0050% / 4h | 1h 38m | $11.0M | $11.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $9.24
- Price spread: +0.069% → +0.035%
- $3.4
- Slippage, 4 orders
- −$174.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$186.62
- Costs to cover
- 1.993%
- Break-even
- 148.4 days
Slippage from Gate: live order book, 42 min ago; Binance: live order book, 2 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 Gate live order book, 42 min ago | 5.61 bp | 28.8 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.16 bp | 26.9 bp −$27 | 88.3 bp −$883 | 483.1 bp −$48.3K | 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 | −0.3951% | 1h | 0.1144 | −1.388% | $6K | $97 | 5.5x | as long as short |
| Gate CC_USDTlong | +0.0056% | 4h | 0.1160 | long leg | $359K | $211K | 50x | |
| Paradex CC-USD-PERP | +0.0089% | 8h | 0.1161 | +0.103% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1163 | +0.267% | $5.4M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1161 | +0.077% | $34K | $39K | 20x | as long as short |
| Binance CCUSDTshort | +0.0100% | 4h | 0.1161 | +0.069% | $11.0M | $11.0M | 75x | |
| Bybit CCUSDT | +0.0100% | 4h | 0.1161 | +0.086% | $10.5M | $3.8M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1162 | +0.164% | $2.5M | $3.4M | 20x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1161 | +0.043% | $1.6M | $309K | 100x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1161 | +0.112% | $492K | $115K | 50x | as long as short |
Show all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1161 | +0.034% | $930K | $787K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1162 | +0.138% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERP | +0.0100% | 1h | 0.1160 | +0.009% | $16K | $22K | 10x | as long as short |
| Variational Omni CC | +0.0100% | 4h | 0.1157 | −0.249% | $576K | $43K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1158 | −0.186% | $81K | $2.3M | 10x | as long as short |
| Derive CC-PERP | +0.0100% | 1h | 0.1158 | −0.202% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1157 | −0.241% | $582K | $105K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0441% / S −0.0239% | 1h | 0.1161 | +0.105% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1256% | 1h | 0.1165 | +0.405% | $234K | $152K | 5x | as long as short |
Gate CC_USDT
Binance CCUSDT
Injective CC/USDC PERP
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
MEXC CC_USDT
KuCoin CCUSDTM
Bitget CCUSDT
BingX CC-USDT
Backpack CC_USDC_PERP
Variational Omni CC
GRVT CC_USDT_Perp
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC