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: BingX against Extended−0.117%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs−$181as in the Price arb table
costs, in and out, $10k−$1651.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.242%+$24 · spread now −0.117%, 7d avg +0.042%
Together, before fees+0.246%+ Points / potential airdropExtended: Active · farm board+$25 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: BingX is 0.158% cheaper against Extended than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.042%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFG-USD0.13870.0104pay 0.0013% / 1h27m 18s$29K$295K5x
ShortBingX CFG-USDT0.13850.0100get 0.0050% / 4h27m 18s$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX 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: −0.117% → +0.042%
−$15.84
Slippage, 4 orders
−$150.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$182.05
Costs to cover
1.654%
Break-even
never at this rate
Slippage from Extended: live order book, 30 min ago; BingX: live order book, 5 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, 30 min ago6.48 bp41.8 bp −$42365.5 bp −$3,655doesn't fitdoesn't fit
Sell BingX live order book, 5 min ago10.80 bp31.6 bp −$32101.7 bp −$1,017doesn'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−0.1799%1h0.1386−0.048%$11K$5K10xas long as short
BloFin CFG-USDT+0.0077%4h0.1387+0.028%$195K$34K50xas long as short
Aster CFGUSDT+0.0100%4h0.1387+0.023%$11K$41K10xas long as short
Binance CFGUSDT+0.0100%4h0.1387+0.028%$3.0M$8.0M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1384−0.189%$2.0M$2.0M25xas long as short
Gate CFG_USDT+0.0100%4h0.1387+0.006%$549K$335K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1387+0.028%$371K$141K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1387+0.028%$434K$137K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1387+0.028%$976K$881K20xas long as short
BingX CFG-USDTshort+0.0100%4h0.1385−0.117%$1.7M
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1386−0.045%$2K$1.2M20xas long as short
Extended CFG-USDlong+0.0104%1h0.1387long leg$29K$295K5x