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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate−0.036%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1601.600% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.293%+$29 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.036%, 7d avg +0.038%
Together, before fees+0.324%+$32 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: Bitget is 0.074% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CFG_USDT0.13750.0100pay 0.0050% / 4h3h 46m$538K$366K20x
ShortBitget CFGUSDT0.13750.0100get 0.0050% / 4h3h 46m$1.0M$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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: −0.036% → +0.038%
−$7.4
Slippage, 4 orders
−$133.02
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$167.42
Costs to cover
1.600%
Break-even
never at this rate
Slippage from Gate: live order book, 24 min ago; Bitget: live order book, 4 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 Gate live order book, 24 min ago16.65 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago8.37 bp20.9 bp −$21105.4 bp −$1,054doesn'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−0.2444%1h0.1374−0.130%$11K$7K10xas long as short
BloFin CFG-USDT+0.0062%4h0.1372−0.247%$202K$37K50xas long as short
Aster CFGUSDT+0.0100%4h0.1375−0.047%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1375−0.037%$3.1M$11.5M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1373−0.174%$2.0M$2.5M25xas long as short
Gate CFG_USDTlong+0.0100%4h0.1375long leg$538K$366K20x
MEXC CFG_USDT+0.0100%4h0.1375−0.029%$326K$151K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1375−0.029%$425K$198K20xas long as short
Bitget CFGUSDTshort+0.0100%4h0.1375−0.036%$1.0M$1.3M20x
BingX CFG-USDT+0.0100%4h0.1373−0.174%$1.8Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1373−0.174%$2K$1.7M20xas long as short
Extended CFG-USD+0.0104%1h0.1374−0.111%$29K$251K5xas long as short