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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended+0.096%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2192.188% 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)+0.008%+$1 · spread now +0.096%, 7d avg +0.022%
Together, before fees−0.155%+ Points / potential airdropExtended: Active · farm board−$15 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: Bybit is 0.074% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFG-USD0.13260.0104pay 0.0013% / 1h23m 39s$29K$225K5x
ShortBybit CFGUSDT0.13270.0100get 0.0050% / 4h23m 39s$1.9M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: +0.096% → +0.022%
$7.39
Slippage, 4 orders
−$202.83
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$212.28
Costs to cover
2.188%
Break-even
never at this rate
Slippage from Extended: live order book, 13 min ago; Bybit: live order book, 8 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, 13 min ago7.87 bp60.8 bp −$61412.3 bp −$4,123doesn't fitdoesn't fit
Sell Bybit live order book, 8 min ago7.50 bp52.5 bp −$52235.7 bp −$2,357doesn'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−0.1743%1h0.1326−0.014%$11K$4K10xas long as short
Aster CFGUSDT+0.0100%4h0.1327+0.133%$7K$43K10xas long as short
Binance CFGUSDT+0.0100%4h0.1328+0.166%$2.7M$8.1M50xas long as short
Bybit CFGUSDTshort+0.0100%4h0.1327+0.096%$1.9M$2.1M25x
Gate CFG_USDT+0.0100%4h0.1326+0.058%$522K$360K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1325−0.055%$431K$155K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1326+0.020%$357K$156K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1326+0.013%$902K$882K20xas long as short
BingX CFG-USDT+0.0100%4h0.1326+0.020%$1.7Mas long as short
SunX CFG-USDT+0.0100%4h0.1326+0.020%$2K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USDlong+0.0104%1h0.1326long leg$29K$225K5x
BloFin CFG-USDT+0.0155%4h0.1334+0.624%$174K$42K50xas long as short