Funding you earn now, next payment 04:00 UTC+0.0041%/8h= +4.5% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against BloFin+0.132%91s7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as 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−$1181.182% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)+0.622%+$62 · spread now +0.132%, 7d avg −0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.136% dearer against BloFin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.004%. The two prices were read 91 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 | BloFin CFG-USDT | 0.1399 | 0.0059 | pay 0.0030% / 4h | 1h 13m | $204K | $34K | 50x |
| Short | Binance CFGUSDT | 0.1401 | 0.0100 | get 0.0050% / 4h | 1h 13m | $3.1M | $8.1M | 50x |
BloFin CFG-USDT
Binance CFGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.56
- Price spread: +0.132% → −0.004%
- $13.55
- Slippage, 4 orders
- −$96.25
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.13
- Costs to cover
- 1.182%
- Break-even
- 85.6 days
Slippage from BloFin: live order book, 24 min ago; Binance: live order book, 10 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 BloFin live order book, 24 min ago | 7.19 bp | 22.4 bp −$22 | 80.9 bp −$809 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 3.57 bp | 30.3 bp −$30 | 151.8 bp −$1,518 | 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 | −0.2236% | 1h | 0.1399 | −0.011% | $11K | $5K | 10x | as long as short |
| BloFin CFG-USDTlong | +0.0059% | 4h | 0.1399 | long leg | $204K | $34K | 50x | |
| Aster CFGUSDT | +0.0100% | 4h | 0.1398 | −0.045% | $11K | $64K | 10x | as long as short |
| Binance CFGUSDTshort | +0.0100% | 4h | 0.1401 | +0.132% | $3.1M | $8.1M | 50x | |
| Bybit CFGUSDT | +0.0100% | 4h | 0.1399 | 0.000% | $2.0M | $2.0M | 25x | as long as short |
| Gate CFG_USDT | +0.0100% | 4h | 0.1401 | +0.114% | $556K | $351K | 20x | as long as short |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1400 | +0.071% | $375K | $149K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1400 | +0.071% | $432K | $139K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1399 | 0.000% | $987K | $896K | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1398 | −0.071% | — | $1.7M | — | as long as short |
Kraken Futures PF_CFGUSD
Aster CFGUSDT
Bybit CFGUSDT
Gate CFG_USDT
MEXC CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CFG-USDT | +0.0100% | 4h | 0.1397 | −0.143% | $1K | $1.2M | 20x | as long as short |
| Extended CFG-USD | +0.0104% | 1h | 0.1398 | −0.098% | $30K | $294K | 5x | as long as short |
SunX CFG-USDT
Extended CFG-USD