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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
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: Gate against Binance−0.073%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1571.568% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.308%−$31 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.073%, 7d avg +0.030%
Together, before fees−0.208%−$21 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: Gate is 0.103% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CFGUSDT0.13790.0100pay 0.0050% / 4h3h 42m$3.1M$11.3M50x
ShortGate CFG_USDT0.13780.0100get 0.0050% / 4h3h 42m$539K$366K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.073% → +0.030%
−$10.27
Slippage, 4 orders
−$131.81
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$167.08
Costs to cover
1.568%
Break-even
never at this rate
Slippage from Binance: live order book, 12 min ago; Gate: live order book, 28 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, 12 min ago3.64 bp25.0 bp −$25122.3 bp −$1,223doesn't fitdoesn't fit
Sell Gate live order book, 28 min ago16.65 bp53.3 bp −$53doesn't fitdoesn'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−0.2440%1h0.1376−0.205%$11K$7K10xas long as short
BloFin CFG-USDT+0.0074%4h0.1376−0.218%$203K$37K50xas long as short
Aster CFGUSDT+0.0100%4h0.1378−0.051%$11K$64K10xas long as short
Binance CFGUSDTlong+0.0100%4h0.1379long leg$3.1M$11.3M50x
Bybit CFGUSDT+0.0100%4h0.1378−0.073%$2.0M$2.5M25xas long as short
Gate CFG_USDTshort+0.0100%4h0.1378−0.073%$539K$366K20x
MEXC CFG_USDT+0.0100%4h0.1378−0.073%$326K$151K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.13790.000%$426K$196K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1379−0.029%$1.0M$1.3M20xas long as short
BingX CFG-USDT+0.0100%4h0.1378−0.073%$1.8Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1374−0.363%$2K$1.7M20xas long as short
Extended CFG-USD+0.0104%1h0.1378−0.043%$31K$266K5xas long as short