CVC

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0499%/8h= +54.6% APRnext payment +$2.49 per $10,000 · paid last 24h +0.046%

Price spread now: Binance against Gate+0.025%7-day average −0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$128as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1001.003% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.272%−$27 on $10k

Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.025%, 7d avg −0.074%

Together, before fees−0.469%−$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.099% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.272%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.272% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CVC_USDT	0.02750	−0.0472	get 0.0236% / 4h	1m 37s	$220K	$330K	25x
Short	Binance CVCUSDT	0.02751	0.0027	get 0.0013% / 4h	1m 37s	$3.0M	$5.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee BinancebpOrdersPrice spread, now +0.025%Rate

Funding earned: $104.69
Price spread: +0.025% → −0.074%: $9.92
Slippage, 4 orders: −$75.33
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: $14.28
Costs to cover: 1.003%
Break-even: 6.0 days

Slippage from Gate: live order book, 8 min ago; Binance: live order book, 7 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, 8 min ago	3.64 bp	31.8 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	1.82 bp	15.1 bp −$15	60.8 bp −$608	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_USDTlong	−0.0472%	4h	0.02750	long leg	$220K	$330K	25x
Bitget CVCUSDT	−0.0070%	4h	0.02751	+0.036%	$451K	$501K	50x	as long as short
MEXC CVC_USDT	+0.0020%	4h	0.02751	+0.036%	$656K	$124K	20x	as long as short
BingX CVC-USDT	+0.0026%	4h	0.02745	−0.182%	—	$2.4M	—	as long as short
Binance CVCUSDTshort	+0.0027%	4h	0.02751	+0.025%	$3.0M	$5.7M	50x
Variational Omni CVC	+0.0100%	1h	0.02726	−0.886%	$1K	$370	—	as long as short
Bybit CVCUSDT	+0.0100%	1h	0.02734	−0.582%	$1.7M	$1.5M	25x	as long as short
KuCoin CVCUSDTM	+0.0100%	4h	0.02753	+0.109%	$1.4M	$432K	30x	as long as short