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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.036%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2142.141% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)−0.185%−$18 · spread now +0.036%, 7d avg −0.052%
Together, before fees−0.170%−$17 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: KuCoin is 0.089% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CFGUSDT0.13740.0100pay 0.0050% / 4h3h 31m$968K$818K20x
ShortKuCoin CFGUSDTM0.13750.0100get 0.0050% / 4h3h 31m$430K$127K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.036% → −0.052%
$8.86
Slippage, 4 orders
−$190.12
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$205.26
Costs to cover
2.141%
Break-even
never at this rate
Slippage from Bitget: live order book, 10 min ago; KuCoin: live order book, 42 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, 10 min ago10.12 bp25.5 bp −$26127.0 bp −$1,270doesn't fitdoesn't fit
Sell KuCoin live order book, 42 min ago25.24 bp76.7 bp −$77doesn'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−0.1796%1h0.1368−0.463%$12K$5K10xas long as short
BloFin CFG-USDT+0.0074%4h0.1374−0.036%$194K$32K50xas long as short
Aster CFGUSDT+0.0100%4h0.1375+0.015%$11K$41K10xas long as short
Binance CFGUSDT+0.0100%4h0.1375+0.036%$3.0M$7.5M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1373−0.109%$2.0M$1.8M25xas long as short
Gate CFG_USDT+0.0100%4h0.1375+0.029%$547K$338K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1375+0.036%$368K$141K20xas long as short
KuCoin CFGUSDTMshort+0.0100%4h0.1375+0.036%$430K$127K20x
Bitget CFGUSDTlong+0.0100%4h0.1374long leg$968K$818K20x
BingX CFG-USDT+0.0100%4h0.1374−0.036%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1374−0.036%$1K$1.1M20xas long as short
Extended CFG-USD+0.0104%1h0.1375+0.007%$32K$294K5xas long as short