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: Bybit against Bitget−0.142%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$208as in the Price arb table
costs, in and out, $10k−$1981.985% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.141%−$14 on $10k
Price spread, last 7 days+0.100%+$10 · spread now −0.142%, 7d avg −0.047%
Together, before fees−0.041%−$4 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: Bybit is 0.096% cheaper against Bitget than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.047%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CFGUSDT0.14040.0100pay 0.0050% / 4h1h 18m$990K$902K20x
ShortBybit CFGUSDT0.14020.0100get 0.0050% / 4h1h 18m$2.0M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.142% → −0.047%
−$9.55
Slippage, 4 orders
−$175.46
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$208.01
Costs to cover
1.985%
Break-even
never at this rate
Slippage from Bitget: live order book, 33 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 33 min ago10.45 bp29.4 bp −$29170.6 bp −$1,706doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.56 bp69.2 bp −$69235.1 bp −$2,351doesn'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−0.2234%1h0.1400−0.281%$11K$5K10xas long as short
BloFin CFG-USDT+0.0052%4h0.1405+0.071%$204K$34K50xas long as short
Aster CFGUSDT+0.0100%4h0.1404−0.032%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1402−0.107%$3.1M$8.1M50xas long as short
Bybit CFGUSDTshort+0.0100%4h0.1402−0.142%$2.0M$2.0M25x
Gate CFG_USDT+0.0100%4h0.1405+0.057%$557K$351K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1403−0.071%$375K$149K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1403−0.071%$433K$139K20xas long as short
Bitget CFGUSDTlong+0.0100%4h0.1404long leg$990K$902K20x
BingX CFG-USDT+0.0100%4h0.1402−0.142%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1403−0.071%$1K$1.2M20xas long as short
Extended CFG-USD+0.0104%1h0.1402−0.136%$30K$294K5xas long as short