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

CFG

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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: 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.313%+$31 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 0.119% 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CFG_USDT0.13930.0100pay 0.0050% / 4h2h 09m$550K$358K20x
ShortBybit CFGUSDT0.13910.0100get 0.0050% / 4h2h 09m$2.0M$2.1M25x

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 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: −0.165% → −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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 56 min ago10.69 bp58.2 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago7.17 bp63.4 bp −$63215.5 bp −$2,155doesn't fitdoesn't fit

CFG on 11 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−0.1903%1h0.1394+0.067%$11K$5K10xas long as short
Aster CFGUSDT+0.0100%4h0.1395+0.097%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1393+0.011%$3.1M$8.7M50xas long as short
Bybit CFGUSDTshort+0.0100%4h0.1391−0.165%$2.0M$2.1M25x
Gate CFG_USDTlong+0.0100%4h0.1393long leg$550K$358K20x
MEXC CFG_USDT+0.0100%4h0.1393−0.022%$373K$155K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1395+0.122%$428K$146K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1393−0.057%$984K$1.0M20xas long as short
BingX CFG-USDT+0.0100%4h0.1392−0.093%$1.8Mas long as short
SunX CFG-USDT+0.0100%4h0.1395+0.122%$2K$1.3M20xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1393−0.046%$29K$294K5xas long as short