data as of
Settings8H · net · $10k
Price arb /

CP

all CP markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$231
spread now−0.074%7d average+0.009%fees + slippage, in and out−$223spread needed2.232%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CPUSDT0.013600.0100pay 0.0050% / 4h3h 26m$1.6M$1.9M20x
ShortGate CP_USDT0.013590.0100get 0.0050% / 4h3h 26m$561K$430K20x

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 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$7.35
Funding while held
$0
Slippage, 4 orders
−$197.24
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$230.6
Spread needed to break even
2.232%
Slippage from Bybit: live order book, 1 min ago; Gate: live order book, 16 min ago.

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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago3.68 bp47.1 bp −$47496.2 bp −$4,962doesn't fitdoesn't fit
Sell Gate live order book, 16 min ago14.61 bp65.5 bp −$66doesn't fitdoesn't fitdoesn't fit

CP price on every exchange

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

CP on 8 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
MEXC CP_USDT−0.147%+0.0100%4h$1.5M$376K20xas long as short
Gate CP_USDTshort−0.074%+0.0100%4h$561K$430K20x
Bitget CPUSDT−0.015%+0.0100%4h$767K$1.4M20xas long as short
Bybit CPUSDTlong0.000%+0.0100%4h$1.6M$1.9M20x
OKX CP-USDT-SWAP+0.074%+0.0100%4h$3.9M$10.0M20xas long as short
BingX CP-USDT+0.074%+0.0070%4h$1.0Mas long as short
KuCoin CPUSDTM+0.221%+0.0100%4h$194K$1.1M20xas long as short
BloFin CP-USDT+0.294%+0.0067%4h$430$33K20xas long as short