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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Binance+0.005%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1041.042% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.005%, 7d avg +0.067%
Together, before fees+0.007%+$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.062% cheaper against Binance than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CFGUSDT0.13800.0100pay 0.0050% / 4h32m 23s$3.1M$12.1M50x
ShortBitget CFGUSDT0.13800.0100get 0.0050% / 4h32m 23s$1.0M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
$0
Price spread: +0.005% → +0.067%
−$6.23
Slippage, 4 orders
−$82.22
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$110.45
Costs to cover
1.042%
Break-even
never at this rate
Slippage from Binance: live order book, 8 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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 8 min ago3.62 bp26.5 bp −$26128.5 bp −$1,285doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago10.51 bp24.9 bp −$25100.2 bp −$1,002doesn't fitdoesn't fit

CFG on 12 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
Kraken Futures PF_CFGUSD−0.1304%1h0.1377−0.160%$11K$11K10xas long as short
BloFin CFG-USDT+0.0041%4h0.1381+0.099%$203K$37K50xas long as short
Aster CFGUSDT+0.0100%4h0.1379−0.020%$13K$63K10xas long as short
Binance CFGUSDTlong+0.0100%4h0.1380long leg$3.1M$12.1M50x
Bybit CFGUSDT+0.0100%4h0.1379−0.046%$2.0M$2.6M25xas long as short
Gate CFG_USDT+0.0100%4h0.1380+0.048%$539K$402K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1379−0.046%$327K$159K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1380+0.027%$423K$212K20xas long as short
Bitget CFGUSDTshort+0.0100%4h0.1380+0.005%$1.0M$1.4M20x
BingX CFG-USDT+0.0100%4h0.1378−0.118%$1.8Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1379−0.046%$2K$1.8M20xas long as short
Extended CFG-USD+0.0104%1h0.1380+0.049%$29K$230K5xas long as short