Funding you earn now, next payment 00:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.30 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin+0.306%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1201.195% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)−0.041%−$4 · spread now +0.306%, 7d avg +0.065%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.241% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CFG-USDT | 0.1374 | 0.0040 | pay 0.0020% / 4h | 1h 22m | $203K | $36K | 50x |
| Short | Bitget CFGUSDT | 0.1378 | 0.0100 | get 0.0050% / 4h | 1h 22m | $1.0M | $1.4M | 20x |
BloFin CFG-USDT
Bitget CFGUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $12.57
- Price spread: +0.306% → +0.065%
- $24.07
- Slippage, 4 orders
- −$95.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.9
- Costs to cover
- 1.195%
- Break-even
- 53.2 days
Slippage from BloFin: live order book, 52 min ago; Bitget: live order book, 4 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, 52 min ago | 10.93 bp | 25.2 bp −$25 | 82.3 bp −$823 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 10.53 bp | 26.8 bp −$27 | 107.4 bp −$1,074 | 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 | −0.1625% | 1h | 0.1378 | +0.289% | $11K | $11K | 10x | as long as short |
| BloFin CFG-USDTlong | +0.0040% | 4h | 0.1374 | long leg | $203K | $36K | 50x | |
| Aster CFGUSDT | +0.0100% | 4h | 0.1378 | +0.327% | $13K | $65K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1378 | +0.291% | $3.1M | $12.7M | 50x | as long as short |
| Bybit CFGUSDT | +0.0100% | 4h | 0.1376 | +0.146% | $2.0M | $2.7M | 25x | as long as short |
| Gate CFG_USDT | +0.0100% | 4h | 0.1379 | +0.342% | $538K | $416K | 20x | as long as short |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1378 | +0.291% | $327K | $167K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1379 | +0.364% | $423K | $219K | 20x | as long as short |
| Bitget CFGUSDTshort | +0.0100% | 4h | 0.1378 | +0.306% | $1.0M | $1.4M | 20x | |
| BingX CFG-USDT | +0.0100% | 4h | 0.1378 | +0.291% | — | $1.8M | — | as long as short |
Kraken Futures PF_CFGUSD
Aster CFGUSDT
Binance CFGUSDT
Bybit CFGUSDT
Gate CFG_USDT
MEXC CFG_USDT
KuCoin CFGUSDTM
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 | 0.1377 | +0.218% | $2K | $1.9M | 20x | as long as short |
| Extended CFG-USD | +0.0104% | 1h | 0.1377 | +0.235% | $29K | $230K | 5x | as long as short |
SunX CFG-USDT
Extended CFG-USD