Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.071%7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$223as in the Price arb table
costs, in and out, $10k−$2212.208% of the position
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.071%, 7d avg +0.092%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.021% cheaper against Gate than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.092%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CP_USDT | 0.01405 | 0.0100 | pay 0.0050% / 4h | 42m 54s | $602K | $537K | 20x |
| Short | Bitget CPUSDT | 0.01406 | 0.0100 | get 0.0050% / 4h | 42m 54s | $792K | $1.7M | 20x |
Gate CP_USDT
Bitget CPUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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: +0.071% → +0.092%
- −$2.1
- Slippage, 4 orders
- −$193.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$222.94
- Costs to cover
- 2.208%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 4 min ago.
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 Gate live order book, 58 min ago | 7.09 bp | 89.0 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 9.22 bp | 25.2 bp −$25 | 82.4 bp −$824 | doesn't fit | doesn't fit |
CP on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin CP-USDT | +0.0065% | 4h | 0.01404 | −0.071% | $427 | $43K | 20x | as long as short |
| BingX CP-USDT | +0.0070% | 4h | 0.01408 | +0.214% | — | $1.0M | — | as long as short |
| OKX CP-USDT-SWAP | +0.0100% | 4h | 0.01407 | +0.142% | $3.9M | $11.8M | 20x | as long as short |
| Gate CP_USDTlong | +0.0100% | 4h | 0.01405 | long leg | $602K | $537K | 20x | |
| MEXC CP_USDT | +0.0100% | 4h | 0.01407 | +0.142% | $1.5M | $398K | 20x | as long as short |
| KuCoin CPUSDTM | +0.0100% | 4h | 0.01409 | +0.285% | $205K | $919K | 20x | as long as short |
| Bitget CPUSDTshort | +0.0100% | 4h | 0.01406 | +0.071% | $792K | $1.7M | 20x | |
| Bybit CPUSDT | +0.1670% | 4h | 0.01408 | +0.214% | $1.7M | $3.2M | 20x | as long as short |
BloFin CP-USDT
BingX CP-USDT
OKX CP-USDT-SWAP
MEXC CP_USDT
KuCoin CPUSDTM
Bybit CPUSDT