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: Binance against Bitget−0.184%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1211.214% 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)+0.163%+$16 · spread now −0.184%, 7d avg −0.068%
Together, before fees+0.177%+$18 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: Binance is 0.116% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.068%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CFGUSDT0.13770.0100pay 0.0050% / 4h2h 54m$980K$1.2M20x
ShortBinance CFGUSDT0.13740.0100get 0.0050% / 4h2h 54m$3.1M$10.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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: −0.184% → −0.068%
−$11.6
Slippage, 4 orders
−$99.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$133.04
Costs to cover
1.214%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 16 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 Bitget live order book, 2 min ago8.75 bp32.9 bp −$33184.8 bp −$1,848doesn't fitdoesn't fit
Sell Binance live order book, 16 min ago3.56 bp26.6 bp −$27121.3 bp −$1,213doesn'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−0.1935%1h0.1371−0.404%$11K$5K10xas long as short
BloFin CFG-USDT+0.0042%4h0.1372−0.363%$206K$35K50xas long as short
Aster CFGUSDT+0.0100%4h0.1375−0.120%$11K$64K10xas long as short
Binance CFGUSDTshort+0.0100%4h0.1374−0.184%$3.1M$10.2M50x
Bybit CFGUSDT+0.0100%4h0.1374−0.218%$2.0M$2.4M25xas long as short
Gate CFG_USDT+0.0100%4h0.1375−0.131%$542K$356K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1374−0.218%$325K$147K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1374−0.218%$422K$171K20xas long as short
Bitget CFGUSDTlong+0.0100%4h0.1377long leg$980K$1.2M20x
BingX CFG-USDT+0.0100%4h0.1374−0.218%$1.8Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1375−0.145%$1K$1.5M20xas long as short
Extended CFG-USD+0.0104%1h0.1375−0.168%$29K$284K5xas long as short