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: Gate against Bybit+0.226%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$265as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2492.494% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.226%, 7d avg +0.050%
Together, before fees−0.332%−$33 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: Gate is 0.177% dearer against Bybit than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CFGUSDT0.13260.0100pay 0.0050% / 4h2h 40m$1.9M$2.0M25x
ShortGate CFG_USDT0.13290.0100get 0.0050% / 4h2h 40m$522K$340K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
Price spread: +0.226% → +0.050%
$17.67
Slippage, 4 orders
−$223.44
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$231.76
Costs to cover
2.494%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Gate: live order book, 6 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, 2 min ago3.76 bp69.2 bp −$69278.9 bp −$2,789doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago17.92 bp60.8 bp −$61doesn'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−0.2007%1h0.1323−0.215%$11K$5K10xas long as short
BloFin CFG-USDT+0.0062%4h0.1332+0.452%$184K$32K50xas long as short
Aster CFGUSDT+0.0100%4h0.1328+0.123%$10K$39K10xas long as short
Binance CFGUSDT+0.0100%4h0.1327+0.075%$2.7M$7.8M50xas long as short
Bybit CFGUSDTlong+0.0100%4h0.1326long leg$1.9M$2.0M25x
Gate CFG_USDTshort+0.0100%4h0.1329+0.226%$522K$340K20x
MEXC CFG_USDT+0.0100%4h0.1328+0.151%$331K$142K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1327+0.075%$339K$152K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1326−0.038%$920K$852K20xas long as short
BingX CFG-USDT+0.0100%4h0.1327+0.075%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1327+0.075%$2K$1.1M20xas long as short
Extended CFG-USD+0.0104%1h0.1327+0.062%$28K$224K5xas long as short