Funding you earn now, next payment 08:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.23 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against Gate+0.546%63s7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1721.722% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)−0.737%−$74 · spread now +0.546%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.583% dearer against Gate than usual: you sell high and buy low: +$58 more if the spread goes back to its 7-day average of −0.037%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFG_USDT | 0.1319 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $519K | $342K | 20x |
| Short | BloFin CFG-USDT | 0.1326 | 0.0146 | get 0.0073% / 4h | 2h 38m | $183K | $32K | 50x |
Gate CFG_USDT
BloFin CFG-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.68
- Price spread: +0.546% → −0.037%
- $58.28
- Slippage, 4 orders
- −$145.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$104.25
- Costs to cover
- 1.722%
- Break-even
- 82.4 days
Slippage from Gate: live order book, 8 min ago; BloFin: live order book, 42 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 8 min ago | 17.92 bp | 52.3 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 42 min ago | 7.34 bp | 26.2 bp −$26 | 73.2 bp −$732 | 451.6 bp −$45.2K | doesn't fit |
CFG on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CFGUSD | −0.2015% | 1h | 0.1318 | −0.070% | $11K | $5K | 10x | as long as short |
| Aster CFGUSDT | +0.0100% | 4h | 0.1319 | +0.015% | $9K | $40K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1319 | +0.015% | $2.7M | $7.8M | 50x | as long as short |
| Bybit CFGUSDT | +0.0100% | 4h | 0.1318 | −0.061% | $1.9M | $2.0M | 25x | as long as short |
| Gate CFG_USDTlong | +0.0100% | 4h | 0.1319 | long leg | $519K | $342K | 20x | |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1318 | −0.061% | $361K | $146K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1318 | −0.061% | $337K | $149K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1318 | −0.023% | $909K | $858K | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1318 | −0.061% | — | $1.7M | — | as long as short |
| SunX CFG-USDT | +0.0100% | 4h | 0.1318 | −0.061% | $1K | $1.1M | 20x | as long as short |
Kraken Futures PF_CFGUSD
Aster CFGUSDT
Binance CFGUSDT
Bybit CFGUSDT
MEXC CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDT
SunX CFG-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CFG-USD | +0.0104% | 1h | 0.1317 | −0.127% | $28K | $224K | 5x | as long as short |
| BloFin CFG-USDTshort | +0.0146% | 4h | 0.1326 | +0.546% | $183K | $32K | 50x |
Extended CFG-USD