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

CC

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.001%
Price spread now: Derive against Paradex−0.047%7-day average · you buy dearer than you sell
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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.047% cheaper against Paradex than usual: you would sell low and buy high, −$5 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex CC-USD-PERP0.11680.0097pay 0.0097% / 8h4h 40m$1K5x
ShortDerive CC-PERP0.11670.0100get 0.0013% / 1h40m 54s$6K$35K6.7x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Derive against Paradex. 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
$0.57
Price spread: −0.047% → 0.000%
−$4.69
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Derive: 3 bp × 2 orders
−$6
Net
−$14.12
Costs to cover
0.100%
Break-even
179.2 days
Slippage unknown: Paradex: no order-book sample; Derive: 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 Paradex no order-book sample
Sell Derive no order-book sample
Paradex and 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 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−0.3024%1h0.1180+1.034%$402$3K5.5xas long as short
Bybit CCUSDT−0.0164%4h0.1169+0.118%$10.7M$3.9M25xas long as short
MEXC CC_USDT−0.0156%4h0.1168+0.050%$1.7M$324K100xas long as short
Paradex CC-USD-PERPlong+0.0097%8h0.1168long leg$1K5x
Hyperliquid CC+0.0100%1h0.1171+0.281%$5.5M$1.4M3xas long as short
Aster CCUSDT+0.0100%4h0.1169+0.127%$35K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1169+0.127%$11.1M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1169+0.101%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1168+0.033%$362K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1170+0.178%$482K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1170+0.170%$914K$775K20xas long as short
BingX CC-USDT+0.0100%4h0.1169+0.118%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1168+0.041%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1168+0.023%$595K$55Kas long as short
GRVT CC_USDT_Perp+0.0100%4h0.1165−0.287%$89K$2.4M10xas long as short
Derive CC-PERPshort+0.0100%1h0.1167−0.047%$6K$35K6.7x
BloFin CC-USDT+0.0340%4h0.1164−0.336%$593K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0448% / S −0.0241%1h0.1169+0.097%$44K50xas long as short
Lighter CC+0.0760%1h0.1174+0.512%$243K$160K5xas long as short