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

CFG

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.2334%/8h= +255.6% APRpaid last 24h +0.578%
Price spread now: Bitget against Kraken Futures−0.038%48s7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Bitget is 0.038% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 1 hour of funding at the current rate (+$70 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CFGUSD0.1400−0.2234get 0.0279% / 1h14m 25s$11K$5K10x
ShortBitget CFGUSDT0.13990.0100get 0.0050% / 4h1h 14m$987K$896K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$490.24
Price spread: −0.038% → 0.000%
−$3.81
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$464.43
Costs to cover
0.220%
Break-even
0.4 days
Slippage unknown: Kraken Futures: no order-book sample; Bitget: live order book, 37 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 Bitget live order book, 37 min ago10.45 bp30.2 bp −$30156.4 bp −$1,564doesn'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−0.2234%1h0.1400long leg$11K$5K10x
BloFin CFG-USDT+0.0059%4h0.1399−0.038%$204K$34K50xas long as short
Aster CFGUSDT+0.0100%4h0.1399−0.056%$11K$64K10xas long as short
Binance CFGUSDT+0.0100%4h0.1399−0.038%$3.1M$8.1M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1397−0.181%$2.0M$2.0M25xas long as short
Gate CFG_USDT+0.0100%4h0.1401+0.133%$556K$351K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1398−0.110%$374K$149K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.1400+0.033%$432K$139K20xas long as short
Bitget CFGUSDTshort+0.0100%4h0.1399−0.038%$987K$896K20x
BingX CFG-USDT+0.0100%4h0.1398−0.110%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1399−0.038%$1K$1.2M20xas long as short
Extended CFG-USD+0.0104%1h0.1399−0.065%$30K$294K5xas long as short