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: Bybit against Gate−0.165%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2282.276% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.165%, 7d avg −0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.119% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFG_USDT | 0.1393 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $550K | $358K | 20x |
| Short | Bybit CFGUSDT | 0.1391 | 0.0100 | get 0.0050% / 4h | 2h 09m | $2.0M | $2.1M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $0
- Price spread: −0.165% → −0.046%
- −$11.92
- Slippage, 4 orders
- −$201.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$239.56
- Costs to cover
- 2.276%
- Break-even
- never at this rate
Slippage from Gate: live order book, 56 min ago; Bybit: live order book, 2 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, 56 min ago | 10.69 bp | 58.2 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 7.17 bp | 63.4 bp −$63 | 215.5 bp −$2,155 | doesn't fit | doesn't fit |
CFG on 11 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 | −0.1903% | 1h | 0.1394 | +0.067% | $11K | $5K | 10x | as long as short |
| Aster CFGUSDT | +0.0100% | 4h | 0.1395 | +0.097% | $11K | $64K | 10x | as long as short |
| Binance CFGUSDT | +0.0100% | 4h | 0.1393 | +0.011% | $3.1M | $8.7M | 50x | as long as short |
| Bybit CFGUSDTshort | +0.0100% | 4h | 0.1391 | −0.165% | $2.0M | $2.1M | 25x | |
| Gate CFG_USDTlong | +0.0100% | 4h | 0.1393 | long leg | $550K | $358K | 20x | |
| MEXC CFG_USDT | +0.0100% | 4h | 0.1393 | −0.022% | $373K | $155K | 20x | as long as short |
| KuCoin CFGUSDTM | +0.0100% | 4h | 0.1395 | +0.122% | $428K | $146K | 20x | as long as short |
| Bitget CFGUSDT | +0.0100% | 4h | 0.1393 | −0.057% | $984K | $1.0M | 20x | as long as short |
| BingX CFG-USDT | +0.0100% | 4h | 0.1392 | −0.093% | — | $1.8M | — | as long as short |
| SunX CFG-USDT | +0.0100% | 4h | 0.1395 | +0.122% | $2K | $1.3M | 20x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended CFG-USD | +0.0104% | 1h | 0.1393 | −0.046% | $29K | $294K | 5x | as long as short |
Gate CFG_USDT
Bybit CFGUSDT
Kraken Futures PF_CFGUSD
Aster CFGUSDT
Binance CFGUSDT
MEXC CFG_USDT
KuCoin CFGUSDTM
Bitget CFGUSDT
BingX CFG-USDT
SunX CFG-USDT
Extended CFG-USD