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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.049%7-day average −0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2152.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)−0.157%−$16 · spread now +0.049%, 7d avg −0.027%
Together, before fees+0.005%+ Points / potential airdropExtended: Active · farm board+$1 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: Extended is 0.076% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CFGUSDT0.13810.0100pay 0.0050% / 4h2h 50m$2.0M$2.4M25x
ShortExtended CFG-USD0.13820.0104get 0.0013% / 1h50m 51s$30K$284K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$0.84
Price spread: +0.049% → −0.027%
$7.6
Slippage, 4 orders
−$198.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$206.45
Costs to cover
2.149%
Break-even
1727.4 days
Slippage from Bybit: live order book, 1 min ago; Extended: live order book, 16 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 Bybit live order book, 1 min ago7.26 bp57.4 bp −$57256.6 bp −$2,566doesn't fitdoesn't fit
Sell Extended live order book, 16 min ago5.71 bp50.1 bp −$50doesn'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−0.1927%1h0.1377−0.300%$11K$5K10xas long as short
Aster CFGUSDT+0.0100%4h0.1382+0.073%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1382+0.072%$3.1M$10.2M50xas long as short
Bybit CFGUSDTlong+0.0100%4h0.1381long leg$2.0M$2.4M25x
Gate CFG_USDT+0.0100%4h0.1383+0.145%$545K$357K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1382+0.072%$327K$148K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.13810.000%$424K$168K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1381+0.036%$985K$1.2M20xas long as short
BingX CFG-USDT+0.0100%4h0.13810.000%$1.8Mas long as short
SunX CFG-USDT+0.0100%4h0.1379−0.145%$1K$1.5M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USDshort+0.0104%1h0.1382+0.049%$30K$284K5x
BloFin CFG-USDT+0.0116%4h0.1383+0.145%$206K$35K50xas long as short