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

CFG

all CFG markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment $0.16 per $10,000 · paid last 24h −0.004%
Price spread now: BloFin against KuCoin0.000%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$199as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1951.950% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.039%−$4 on $10k
Price spread, last 4 days (all we have)−0.174%−$17 · spread now 0.000%, 7d avg −0.026%
Together, before fees−0.213%−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.026% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFGUSDTM0.13280.0100pay 0.0050% / 4h18m 52s$364K$156K20x
ShortBloFin CFG-USDT0.13280.0068get 0.0034% / 4h18m 52s$174K$42K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$6.62
Price spread: 0.000% → −0.026%
$2.64
Slippage, 4 orders
−$171.03
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$199.01
Costs to cover
1.950%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; BloFin: live order book, 51 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, 14 min ago26.25 bp83.1 bp −$83648.4 bp −$6,484doesn't fitdoesn't fit
Sell BloFin live order book, 51 min ago7.45 bp29.4 bp −$2986.7 bp −$867doesn'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−0.1749%1h0.1321−0.520%$12K$5K10xas long as short
BloFin CFG-USDTshort+0.0068%4h0.13280.000%$174K$42K50x
Aster CFGUSDT+0.0100%4h0.1328−0.009%$7K$43K10xas long as short
Binance CFGUSDT+0.0100%4h0.1328−0.005%$2.7M$8.1M50xas long as short
Bybit CFGUSDT+0.0100%4h0.13280.000%$1.9M$2.1M25xas long as short
Gate CFG_USDT+0.0100%4h0.1329+0.083%$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$364K$156K20x
Bitget CFGUSDT+0.0100%4h0.1328+0.015%$903K$884K20xas long as short
BingX CFG-USDT+0.0100%4h0.13280.000%$1.7Mas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CFG-USDT+0.0100%4h0.1327−0.075%$2K$1.1M20xas long as short
Extended CFG-USD+0.0104%1h0.1327−0.039%$29K$225K5xas long as short