Spread before costs (cost unknown: a leg has no order-book sample)−0.056%
7d average—if it closes, per $10,000$6funding while held, a day−$10.23
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CC/USD [WBTC.b-USDC] | 0.1152 | L +0.0441% / S −0.0239% | pay 0.0055% / 1h | 16m 21s | $43K | — | 50x |
| Short | Backpack CC_USDC_PERP | 0.1152 | 0.0100 | get 0.0013% / 1h | 16m 21s | $14K | $16K | 10x |
GMX CC/USD [WBTC.b-USDC]
Backpack CC_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$5.64
- Funding while held
- −$10.23
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$37.87
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Backpack: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0341%
- Per $10,000 a day
- −$10.23
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Backpack no order-book sample | — | — | — | — | — |
GMX and 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.1138cheapestVariational Omni0.1148+0.838%Derive0.1151+1.133%Gate0.1151+1.134%BloFin0.1151+1.142%Binance0.1151+1.154%Bybit0.1151+1.160%MEXC0.1151+1.169%Bitget0.1152+1.186%
Injective
Variational Omni
Derive
Gate
BloFin
Binance
Bybit
MEXC
BitgetBackpack0.1152+1.186%
OKX0.1152+1.204%Aster0.1152+1.205%KuCoin0.1152+1.213%BingX0.1152+1.213%Paradex0.1152+1.220%
OKX
Aster
KuCoin
BingX
ParadexGMX0.1152+1.243%
Hyperliquid0.1154+1.397%Lighter0.1156+1.564%
Hyperliquid
LighterCC on 18 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −1.228% | −0.3606% | 1h | $6K | $99 | 5.5x | as long as short |
| Variational Omni CC | −0.400% | +0.0100% | 4h | $572K | $43K | — | as long as short |
| Derive CC-PERP | −0.109% | +0.0100% | 1h | $5K | $31K | 6.7x | as long as short |
| Gate CC_USDT | −0.108% | +0.0100% | 4h | $358K | $199K | 50x | as long as short |
| BloFin CC-USDT | −0.100% | +0.0340% | 4h | $597K | $101K | 75x | as long as short |
| Binance CCUSDT | −0.089% | +0.0100% | 4h | $11.1M | $9.7M | 75x | as long as short |
| Bybit CCUSDT | −0.082% | +0.0100% | 4h | $10.2M | $3.4M | 25x | as long as short |
| MEXC CC_USDT | −0.074% | +0.0100% | 4h | $1.7M | $277K | 100x | as long as short |
| Bitget CCUSDT | −0.056% | +0.0100% | 4h | $956K | $677K | 20x | as long as short |
| Backpack CC_USDC_PERPshort | −0.056% | +0.0100% | 1h | $14K | $16K | 10x |
Show all 18 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CC-USDT-SWAP | −0.039% | +0.0100% | 4h | $2.4M | $3.1M | 20x | as long as short |
| Aster CCUSDT | −0.038% | +0.0100% | 4h | $36K | $32K | 20x | as long as short |
| KuCoin CCUSDTM | −0.030% | +0.0100% | 4h | $476K | $106K | 50x | as long as short |
| BingX CC-USDT | −0.030% | +0.0100% | 4h | — | $6.6M | — | as long as short |
| Paradex CC-USD-PERP | −0.023% | +0.0092% | 8h | $1K | — | 5x | as long as short |
| GMX CC/USD [WBTC.b-USDC]long | 0.000% | L +0.0441% / S −0.0239% | 1h | $43K | — | 50x | |
| Hyperliquid CC | +0.152% | +0.0462% | 1h | $5.3M | $1.1M | 3x | as long as short |
| Lighter CC | +0.317% | +0.1568% | 1h | $231K | $148K | 5x | as long as short |