Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Backpack against KuCoin−0.092%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.092% cheaper against KuCoin than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CCUSDTM | 0.1191 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $493K | $98K | 50x |
| Short | Backpack CC_USDC_PERP | 0.1190 | 0.0100 | get 0.0013% / 1h | 3m 11s | $16K | $19K | 10x |
KuCoin CCUSDTM
Backpack CC_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $0
- Price spread: −0.092% → 0.000%
- −$9.24
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$31.24
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 20 min ago; Backpack: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 20 min ago | 25.49 bp | 83.3 bp −$83 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack no order-book sample | — | — | — | — | — |
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 on 18 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 | +0.0033% | 1h | 0.1180 | −0.915% | $402 | $3K | 5.5x | as long as short |
| Paradex CC-USD-PERP | +0.0093% | 8h | 0.1191 | +0.021% | $1K | — | 5x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1191 | +0.002% | $35K | $27K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1190 | −0.069% | $11.2M | $11.9M | 75x | as long as short |
| Bybit CCUSDT | +0.0100% | 4h | 0.1190 | −0.042% | $11.0M | $3.7M | 25x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1192 | +0.084% | $2.6M | $2.9M | 20x | as long as short |
| Gate CC_USDT | +0.0100% | 4h | 0.1190 | −0.050% | $366K | $170K | 50x | as long as short |
| MEXC CC_USDT | +0.0100% | 4h | 0.1190 | −0.059% | $1.9M | $366K | 100x | as long as short |
| KuCoin CCUSDTMlong | +0.0100% | 4h | 0.1191 | long leg | $493K | $98K | 50x | |
| Bitget CCUSDT | +0.0100% | 4h | 0.1191 | +0.042% | $930K | $705K | 20x | as long as short |
Injective CC/USDC PERP
Paradex CC-USD-PERP
Aster CCUSDT
Binance CCUSDT
Bybit CCUSDT
OKX CC-USDT-SWAP
Gate CC_USDT
MEXC CC_USDT
Bitget CCUSDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX CC-USDT | +0.0100% | 4h | 0.1191 | −0.034% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERPshort | +0.0100% | 1h | 0.1190 | −0.092% | $16K | $19K | 10x | |
| Variational Omni CC | +0.0100% | 4h | 0.1191 | +0.046% | $607K | $42K | — | as long as short |
| GRVT CC_USDT_Perp | +0.0100% | 4h | 0.1191 | +0.001% | $84K | $3.2M | 10x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1189 | −0.185% | $605K | $99K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0450% / S −0.0241% | 1h | 0.1191 | −0.015% | $44K | — | 50x | as long as short |
| Hyperliquid CC | +0.0603% | 1h | 0.1192 | +0.134% | $5.6M | $1.3M | 3x | as long as short |
| Lighter CC | +0.1224% | 1h | 0.1195 | +0.327% | $255K | $169K | 5x | as long as short |
BingX CC-USDT
Variational Omni CC
GRVT CC_USDT_Perp
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Hyperliquid CC
Lighter CC