Funding you earn now, next payment 03:00 UTC−0.0539%/8h= −59.0% APRpaid last 24h −1.228%
Price spread now: Gate against Bybit+0.403%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1471.466% of the position
Funding, last 7 days−1.543%−$154 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.403%, 7d avg +0.076%
=The price spread pays, funding is against you. Gate is 0.327% dearer against Bybit than usual: you sell high and buy low (spread +0.403% now, against its 7-day average of +0.076%): +$33 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CVCUSDT | 0.02727 | 0.0429 | pay 0.0054% / 1h | 35m 50s | $1.7M | $1.6M | 25x |
| Short | Gate CVC_USDT | 0.02738 | −0.0110 | pay 0.0055% / 4h | 1h 35m | $214K | $312K | 25x |
Bybit CVCUSDT
Gate CVC_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- −$113.2
- Price spread: +0.403% → +0.076%
- $32.74
- Slippage, 4 orders
- −$120.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$227.11
- Costs to cover
- 1.466%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 6 min ago; Gate: live order book, 24 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 Bybit live order book, 6 min ago | 3.67 bp | 30.8 bp −$31 | 345.3 bp −$3,453 | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 3.63 bp | 30.8 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
CVC 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVC_USDTshort | −0.0110% | 4h | 0.02738 | +0.403% | $214K | $312K | 25x | |
| Binance CVCUSDT | +0.0100% | 4h | 0.02742 | +0.535% | $2.9M | $5.7M | 50x | as long as short |
| MEXC CVC_USDT | +0.0100% | 4h | 0.02741 | +0.513% | $654K | $129K | 20x | as long as short |
| KuCoin CVCUSDTM | +0.0100% | 4h | 0.02746 | +0.697% | $1.4M | $416K | 30x | as long as short |
| Bitget CVCUSDT | +0.0100% | 4h | 0.02741 | +0.513% | $448K | $467K | 50x | as long as short |
| Variational Omni CVC | +0.0100% | 1h | 0.02729 | +0.072% | $1K | $370 | — | as long as short |
| BingX CVC-USDT | +0.0396% | 4h | 0.02735 | +0.293% | — | $2.4M | — | as long as short |
| Bybit CVCUSDTlong | +0.0429% | 1h | 0.02727 | long leg | $1.7M | $1.6M | 25x |
Binance CVCUSDT
MEXC CVC_USDT
KuCoin CVCUSDTM
Bitget CVCUSDT
Variational Omni CVC
BingX CVC-USDT