Funding arb · Price arb /

CFG

all CFG markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against MEXC0.000%7-day average −0.028% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on SunX

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)−0.268%−$27 · spread now 0.000%, 7d avg −0.028%

Together, before fees−0.257%−$26 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: SunX is 0.028% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.028%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC CFG_USDT	0.1325	0.0100	pay 0.0050% / 4h	1h 28m	$475K	$144K	20x
Short	SunX CFG-USDT	0.1325	0.0100	get 0.0050% / 4h	1h 28m	$1K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.028%: $2.82
Slippage, 4 orders: no order book: not counted
Fee MEXC: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.18
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: MEXC: live order book, 9 min ago; SunX: live order book, 7 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 9 min ago	3.74 bp	11.1 bp −$11	58.7 bp −$587	791.8 bp −$79.2K	doesn't fit
Sell SunX live order book, 7 min ago	501.50 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

CFG on 12 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_CFGUSD	−0.0188%	1h	0.1331	+0.443%	$12K	$6K	10x	as long as short
Aster CFGUSDT	+0.0100%	4h	0.1326	+0.078%	$7K	$42K	10x	as long as short
Binance CFGUSDT	+0.0100%	4h	0.1326	+0.085%	$2.7M	$7.6M	50x	as long as short
Bybit CFGUSDT	+0.0100%	4h	0.1326	+0.075%	$2.2M	$2.2M	25x	as long as short
Gate CFG_USDT	+0.0100%	4h	0.1328	+0.226%	$526K	$359K	20x	as long as short
MEXC CFG_USDTlong	+0.0100%	4h	0.1325	long leg	$475K	$144K	20x
KuCoin CFGUSDTM	+0.0100%	4h	0.1326	+0.075%	$348K	$147K	20x	as long as short
Bitget CFGUSDT	+0.0100%	4h	0.1327	+0.181%	$925K	$870K	20x	as long as short
BingX CFG-USDT	+0.0100%	4h	0.1327	+0.151%	—	$1.7M	—	as long as short
SunX CFG-USDTshort	+0.0100%	4h	0.1325	0.000%	$1K	$1.0M	20x

Show all 12 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended CFG-USD	+0.0104%	1h	0.1326	+0.045%	$28K	$226K	5x	as long as short
BloFin CFG-USDT	+0.0146%	4h	0.1327	+0.151%	$173K	$42K	50x	as long as short