CFG

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.14 per $10,000 · paid last 24h −0.006%

Price spread now: BloFin against Bitget+0.216%65s7-day average −0.076% · you sell dearer than you buy

Net, funding: paid 7d − costs−$139as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1371.370% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 4 days (all we have)−0.630%−$63 · spread now +0.216%, 7d avg −0.076%

Together, before fees−0.654%−$65 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BloFin is 0.292% dearer against Bitget than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of −0.076%): +$29 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 35 days. At the pace of the last 7 days (−0.025% in total) that is about 3 months. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CFGUSDT	0.1390	0.0100	pay 0.0050% / 4h	28m 15s	$979K	$881K	20x
Short	BloFin CFG-USDT	0.1393	0.0072	get 0.0036% / 4h	28m 15s	$196K	$34K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now +0.216%Rate

Funding earned: −$5.87
Price spread: +0.216% → −0.076%: $29.18
Slippage, 4 orders: −$112.98
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$113.67
Costs to cover: 1.370%
Break-even: never at this rate

Slippage from Bitget: live order book, 18 min ago; BloFin: live order book, 2 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 Bitget live order book, 18 min ago	6.13 bp	33.3 bp −$33	186.1 bp −$1,861	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	10.78 bp	34.9 bp −$35	99.6 bp −$996	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	−0.1798%	1h	0.1387	−0.231%	$11K	$5K	10x	as long as short
BloFin CFG-USDTshort	+0.0072%	4h	0.1393	+0.216%	$196K	$34K	50x
Aster CFGUSDT	+0.0100%	4h	0.1391	+0.102%	$11K	$41K	10x	as long as short
Binance CFGUSDT	+0.0100%	4h	0.1389	−0.061%	$3.0M	$8.0M	50x	as long as short
Bybit CFGUSDT	+0.0100%	4h	0.1388	−0.144%	$2.0M	$2.0M	25x	as long as short
Gate CFG_USDT	+0.0100%	4h	0.1391	+0.043%	$550K	$335K	20x	as long as short
MEXC CFG_USDT	+0.0100%	4h	0.1389	−0.072%	$372K	$141K	20x	as long as short
KuCoin CFGUSDTM	+0.0100%	4h	0.1390	0.000%	$435K	$139K	20x	as long as short
Bitget CFGUSDTlong	+0.0100%	4h	0.1390	long leg	$979K	$881K	20x
BingX CFG-USDT	+0.0100%	4h	0.1388	−0.144%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CFG-USDT	+0.0100%	4h	0.1390	0.000%	$2K	$1.2M	20x	as long as short
Extended CFG-USD	+0.0104%	1h	0.1390	−0.005%	$29K	$295K	5x	as long as short