Funding arb · Price arb /

CFG

all CFG markets

Swap Backtest

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: SunX against Bitget0.000%7-day average −0.124% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on SunX

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)−0.494%−$49 · spread now 0.000%, 7d avg −0.124%

Together, before fees−0.469%−$47 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: SunX is 0.124% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.124%.

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 12s	$979K	$881K	20x
Short	SunX CFG-USDT	0.1390	0.0100	get 0.0050% / 4h	28m 12s	$2K	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.124%: $12.42
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$7.58
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 18 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 5 min ago	505.05 bp	doesn't fit	doesn't fit	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-USDT	+0.0072%	4h	0.1393	+0.216%	$196K	$34K	50x	as long as short
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-USDTshort	+0.0100%	4h	0.1390	0.000%	$2K	$1.2M	20x
Extended CFG-USD	+0.0104%	1h	0.1390	−0.005%	$29K	$295K	5x	as long as short