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−$140
spread now+0.225%7d average+0.141%fees + slippage, in and out−$148spread needed1.482%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CP_USDT0.013320.0100pay 0.0050% / 4h1h 08m$552K$496K20x
ShortBingX CP-USDT0.013350.0070get 0.0035% / 4h1h 08m$1.0M

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
$22.52
Funding while held
−$0.9
Slippage, 4 orders
−$123.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$126.56
Spread needed to break even
1.482%
Slippage from Gate: live order book, 24 min ago; BingX: live order book, 12 min ago.

Cost of waiting

funding view
Funding /8h
−0.0030%
Per $10,000 a day
$0.90
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 Gate live order book, 24 min ago7.55 bp44.2 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago11.27 bp25.2 bp −$25107.6 bp −$1,076946.0 bp −$94.6Kdoesn'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
Gate CP_USDTlong0.000%+0.0100%4h$552K$496K20x
BloFin CP-USDT0.000%+0.0142%4h$414$35K20xas long as short
MEXC CP_USDT+0.075%+0.0100%4h$1.4M$374K20xas long as short
Bitget CPUSDT+0.113%+0.0100%4h$767K$1.5M20xas long as short
Bybit CPUSDT+0.150%+0.0100%4h$1.4M$2.1M20xas long as short
OKX CP-USDT-SWAP+0.225%+0.0100%4h$3.6M$10.4M20xas long as short
BingX CP-USDTshort+0.225%+0.0070%4h$1.0M
KuCoin CPUSDTM+0.375%+0.0100%4h$202K$1.0M20xas long as short