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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.046%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.132%+$13 · spread now −0.046%, 7d avg +0.042%
Together, before fees+0.126%+ Points / potential airdropExtended: Active · farm board+$13 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: Binance is 0.088% cheaper against Extended than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFG-USD0.13890.0104pay 0.0013% / 1h27m 56s$29K$295K5x
ShortBinance CFGUSDT0.13890.0100get 0.0050% / 4h27m 56s$3.0M$8.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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: −0.046% → +0.042%
−$8.79
Slippage, 4 orders
−$144.26
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$168.9
Costs to cover
1.593%
Break-even
never at this rate
Slippage from Extended: live order book, 29 min ago; Binance: live order book, 11 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 Extended live order book, 29 min ago6.48 bp41.8 bp −$42365.5 bp −$3,655doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago3.62 bp38.2 bp −$38133.2 bp −$1,332doesn'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−0.1798%1h0.1387−0.188%$11K$5K10xas long as short
BloFin CFG-USDT+0.0072%4h0.1393+0.259%$196K$34K50xas long as short
Aster CFGUSDT+0.0100%4h0.1391+0.103%$11K$41K10xas long as short
Binance CFGUSDTshort+0.0100%4h0.1389−0.046%$3.0M$8.0M50x
Bybit CFGUSDT+0.0100%4h0.1388−0.101%$2.0M$2.0M25xas long as short
Gate CFG_USDT+0.0100%4h0.1391+0.086%$550K$335K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1389−0.029%$372K$141K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1390+0.043%$435K$139K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1390+0.043%$979K$881K20xas long as short
BingX CFG-USDT+0.0100%4h0.1388−0.101%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1390+0.043%$2K$1.2M20xas long as short
Extended CFG-USDlong+0.0104%1h0.1389long leg$29K$295K5x