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: Bitget against BingX+0.124%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.025%−$3 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.124%, 7d avg +0.068%
Together, before fees−0.119%−$12 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 0.056% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CFG-USDT0.13730.0100pay 0.0050% / 4h2h 55m$1.8M
ShortBitget CFGUSDT0.13750.0100get 0.0050% / 4h2h 55m$978K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.124% → +0.068%
$5.61
Slippage, 4 orders
−$105.19
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$121.58
Costs to cover
1.272%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Bitget: live order book, 1 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 BingX live order book, 7 min ago10.84 bp27.2 bp −$2791.4 bp −$914708.9 bp −$70.9K1243.3 bp −$621.7K
Sell Bitget live order book, 1 min ago8.75 bp33.2 bp −$33151.5 bp −$1,515doesn'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−0.1940%1h0.1368−0.397%$11K$5K10xas long as short
Aster CFGUSDT+0.0100%4h0.1373−0.024%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1374+0.054%$3.1M$10.3M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1371−0.146%$2.0M$2.4M25xas long as short
Gate CFG_USDT+0.0100%4h0.1375+0.175%$543K$355K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1374+0.073%$325K$147K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1375+0.146%$422K$171K20xas long as short
Bitget CFGUSDTshort+0.0100%4h0.1375+0.124%$978K$1.2M20x
BingX CFG-USDTlong+0.0100%4h0.1373long leg$1.8M
SunX CFG-USDT+0.0100%4h0.1372−0.073%$1K$1.6M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1374+0.098%$29K$284K5xas long as short
BloFin CFG-USDT+0.0133%4h0.1380+0.510%$207K$35K50xas long as short