Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.105%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1631.630% of the position
Funding, last 7 days−0.156%−$16 on $10k
+Price spread, last 7 days+0.105%+$10 · spread now −0.105%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.116% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CFGUSDT | 0.1398 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $3.2M | $10.5M | 50x |
| Short | Bybit CFGUSDT | 0.1397 | 0.0100 | get 0.0050% / 4h | 3h 17m | $2.0M | $2.4M | 25x |
Binance CFGUSDT
Bybit CFGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.105% → +0.011%
- −$11.63
- Slippage, 4 orders
- −$141.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$174.62
- Costs to cover
- 1.630%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: 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 Binance live order book, 7 min ago | 3.57 bp | 26.2 bp −$26 | 141.0 bp −$1,410 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 7.17 bp | 56.4 bp −$56 | 218.1 bp −$2,181 | doesn't fit | doesn't fit |
CFG on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CFGUSD | −0.2415% | 1h | 0.1390 | −0.582% | $11K | $5K | 10x | as long as short |
| BloFin CFG-USDT | +0.0094% | 4h | 0.1397 | −0.105% | $206K | $36K | 50x | as long as short |
| Aster CFGUSDT | +0.0100% | 4h | 0.1397 | −0.096% | $11K | $64K | 10x | as long as short |
| Binance CFGUSDTlong | +0.0100% | 4h | 0.1398 | long leg | $3.2M | $10.5M | 50x | |
| Bybit CFGUSDTshort | +0.0100% | 4h | 0.1397 | −0.105% | $2.0M | $2.4M | 25x | |
| Gate CFG_USDT | +0.0100% | 4h | 0.1398 | −0.033% | $548K | $368K | 20x | as long as short |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1398 | −0.033% | $331K | $153K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1398 | −0.033% | $429K | $174K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1399 | +0.017% | $1.0M | $1.2M | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1397 | −0.105% | — | $1.8M | — | as long as short |
Kraken Futures PF_CFGUSD
BloFin CFG-USDT
Aster CFGUSDT
Gate CFG_USDT
MEXC CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CFG-USDT | +0.0100% | 4h | 0.1394 | −0.319% | $2K | $1.6M | 20x | as long as short |
| Extended CFG-USD | +0.0104% | 1h | 0.1398 | −0.039% | $32K | $289K | 5x | as long as short |
SunX CFG-USDT
Extended CFG-USD