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

CFG

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.2111%/8h= +231.2% APRpaid last 24h +0.574%
Price spread now: Binance against Kraken Futures+0.130%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$63 a day on $10k at the current rate, and Binance is 0.130% dearer against Kraken Futures than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CFGUSD0.1321−0.2011get 0.0251% / 1h36m 15s$11K$5K10x
ShortBinance CFGUSDT0.13220.0100get 0.0050% / 4h2h 36m$2.7M$7.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Kraken Futures. 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
$443.3
Price spread: +0.130% → 0.000%
$12.97
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
$436.27
Costs to cover
0.200%
Break-even
0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Binance: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell Binance live order book, 3 min ago3.79 bp27.5 bp −$27113.3 bp −$1,133doesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_CFGUSDlong−0.2011%1h0.1321long leg$11K$5K10x
Aster CFGUSDT+0.0100%4h0.1322+0.110%$9K$40K10xas long as short
Binance CFGUSDTshort+0.0100%4h0.1322+0.130%$2.7M$7.8M50x
Bybit CFGUSDT+0.0100%4h0.1321+0.035%$1.9M$2.0M25xas long as short
Gate CFG_USDT+0.0100%4h0.1322+0.110%$521K$342K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1322+0.110%$362K$147K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1322+0.110%$338K$150K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1322+0.141%$917K$860K20xas long as short
BingX CFG-USDT+0.0100%4h0.1322+0.110%$1.7Mas long as short
SunX CFG-USDT+0.0100%4h0.1322+0.110%$1K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1322+0.104%$28K$224K5xas long as short
BloFin CFG-USDT+0.0154%4h0.1324+0.262%$182K$34K50xas long as short