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: Bybit against KuCoin−0.148%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$250as in the Price arb table
costs, in and out, $10k−$2382.382% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.155%−$16 on $10k
Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.148%, 7d avg −0.032%
Together, before fees+0.102%+$10 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 0.116% cheaper against KuCoin than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFGUSDTM0.13500.0100pay 0.0050% / 4h2h 59m$345K$146K20x
ShortBybit CFGUSDT0.13480.0100get 0.0050% / 4h2h 59m$2.0M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.148% → −0.032%
−$11.58
Slippage, 4 orders
−$215.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$249.8
Costs to cover
2.382%
Break-even
never at this rate
Slippage from KuCoin: live order book, 73 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 KuCoin live order book, 73 min ago25.24 bp78.9 bp −$79doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.70 bp51.7 bp −$52232.5 bp −$2,325doesn'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−0.1824%1h0.1348−0.182%$11K$5K10xas long as short
Aster CFGUSDT+0.0100%4h0.1350−0.033%$11K$38K10xas long as short
Binance CFGUSDT+0.0100%4h0.1350−0.029%$2.9M$7.5M50xas long as short
Bybit CFGUSDTshort+0.0100%4h0.1348−0.148%$2.0M$1.9M25x
Gate CFG_USDT+0.0100%4h0.1350+0.030%$528K$350K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1348−0.148%$336K$145K20xas long as short
KuCoin CFGUSDTMlong+0.0100%4h0.1350long leg$345K$146K20x
Bitget CFGUSDT+0.0100%4h0.1349−0.037%$940K$832K20xas long as short
BingX CFG-USDT+0.0100%4h0.13500.000%$1.7Mas long as short
SunX CFG-USDT+0.0100%4h0.1349−0.074%$2K$1.1M20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1349−0.051%$28K$224K5xas long as short
BloFin CFG-USDT+0.0136%4h0.1351+0.074%$189K$32K50xas long as short