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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.151%7-day average −0.013% · 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−$227as in the Price arb table
costs, in and out, $10k−$2132.131% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 4 days (all we have)+0.206%+$21 · spread now −0.151%, 7d avg −0.013%
Together, before fees+0.217%+$22 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: BingX is 0.138% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFGUSDTM0.13280.0100pay 0.0050% / 4h22m 55s$358K$156K20x
ShortBingX CFG-USDT0.13260.0100get 0.0050% / 4h22m 55s$1.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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: −0.151% → −0.013%
−$13.77
Slippage, 4 orders
−$191.08
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$226.85
Costs to cover
2.131%
Break-even
never at this rate
Slippage from KuCoin: live order book, 10 min ago; BingX: live order book, 10 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 KuCoin live order book, 10 min ago26.25 bp83.1 bp −$83648.4 bp −$6,484doesn't fitdoesn't fit
Sell BingX live order book, 10 min ago11.25 bp39.1 bp −$39102.1 bp −$1,021doesn't fitdoesn't fit

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_CFGUSD−0.1743%1h0.1325−0.199%$11K$4K10xas long as short
Aster CFGUSDT+0.0100%4h0.1327−0.065%$7K$43K10xas long as short
Binance CFGUSDT+0.0100%4h0.1324−0.301%$2.7M$8.1M50xas long as short
Bybit CFGUSDT+0.0100%4h0.1326−0.151%$1.9M$2.1M25xas long as short
Gate CFG_USDT+0.0100%4h0.1328−0.030%$523K$360K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1327−0.075%$432K$155K20xas long as short
KuCoin CFGUSDTMlong+0.0100%4h0.1328long leg$358K$156K20x
Bitget CFGUSDT+0.0100%4h0.1325−0.196%$902K$882K20xas long as short
BingX CFG-USDTshort+0.0100%4h0.1326−0.151%$1.7M
SunX CFG-USDT+0.0100%4h0.1326−0.151%$2K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1327−0.038%$29K$225K5xas long as short
BloFin CFG-USDT+0.0142%4h0.1327−0.075%$173K$42K50xas long as short