Settings8H · net · $10k
Funding arb · Price arb /

CVC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h +0.180%
Price spread now: KuCoin against Gate+0.073%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$273as in the Price arb table
costs, in and out, $10k−$2812.810% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.030%+$103 on $10k
Price spread, last 4 days (all we have)−0.123%−$12 · spread now +0.073%, 7d avg −0.005%
Together, before fees+0.906%+$91 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and KuCoin is 0.079% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CVC_USDT0.02723−0.0306get 0.0153% / 4h3h 22m$214K$307K25x
ShortKuCoin CVCUSDTM0.027250.0424get 0.0212% / 4h3h 22m$1.3M$411K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$153.3
Price spread: +0.073% → −0.005%
$7.89
Slippage, 4 orders
−$254
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$119.81
Costs to cover
2.810%
Break-even
12.5 days
Slippage from Gate: live order book, 28 min ago; KuCoin: live order book, 3 min ago.

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, 28 min ago5.49 bp30.7 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago5.50 bp189.8 bp −$190doesn't fitdoesn't fitdoesn't fit

CVC on 8 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CVC_USDTlong−0.0306%4h0.02723long leg$214K$307K25x
Binance CVCUSDT+0.0100%4h0.02720−0.110%$2.9M$5.5M50xas long as short
Bybit CVCUSDT+0.0100%1h0.02712−0.404%$1.7M$1.6M25xas long as short
MEXC CVC_USDT+0.0100%4h0.02719−0.147%$653K$134K20xas long as short
Bitget CVCUSDT+0.0100%4h0.02721−0.073%$445K$483K50xas long as short
BingX CVC-USDT+0.0100%4h0.02718−0.184%$2.4Mas long as short
Variational Omni CVC+0.0100%1h0.02712−0.404%$1K$370as long as short
KuCoin CVCUSDTMshort+0.0424%4h0.02725+0.073%$1.3M$411K30x