Funding arb · Price arb /

CFG

all CFG markets

Swap Backtest

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: Bitget against SunX−0.427%7-day average +0.123% · you buy dearer than you sell

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

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$3 on $10k

Price spread, last 4 days (all we have)+0.735%+$74 · spread now −0.427%, 7d avg +0.123%

Together, before fees+0.710%+$71 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: Bitget is 0.550% cheaper against SunX than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of +0.123%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CFG-USDT	0.1334	0.0100	pay 0.0050% / 4h	2h 42m	$2K	$1.1M	20x
Short	Bitget CFGUSDT	0.1328	0.0100	get 0.0050% / 4h	2h 42m	$924K	$852K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.427%Rate

Funding earned: $0
Price spread: −0.427% → +0.123%: −$55.02
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$75.02
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 10 min ago; Bitget: live order book, 58 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 SunX live order book, 10 min ago	503.33 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 58 min ago	10.12 bp	33.0 bp −$33	130.0 bp −$1,300	doesn't fit	doesn't fit

CFG on 12 venues

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	−0.1996%	1h	0.1331	−0.242%	$11K	$5K	10x	as long as short
BloFin CFG-USDT	+0.0097%	4h	0.1331	−0.225%	$184K	$31K	50x	as long as short
Aster CFGUSDT	+0.0100%	4h	0.1329	−0.387%	$10K	$39K	10x	as long as short
Binance CFGUSDT	+0.0100%	4h	0.1329	−0.387%	$2.8M	$7.8M	50x	as long as short
Bybit CFGUSDT	+0.0100%	4h	0.1329	−0.375%	$1.9M	$2.0M	25x	as long as short
Gate CFG_USDT	+0.0100%	4h	0.1327	−0.495%	$522K	$338K	20x	as long as short
MEXC CFG_USDT	+0.0100%	4h	0.1328	−0.450%	$331K	$142K	20x	as long as short
KuCoin CFGUSDTM	+0.0100%	4h	0.1326	−0.600%	$339K	$150K	20x	as long as short
Bitget CFGUSDTshort	+0.0100%	4h	0.1328	−0.427%	$924K	$852K	20x
BingX CFG-USDT	+0.0100%	4h	0.1329	−0.375%	—	$1.7M	—	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CFG-USDTlong	+0.0100%	4h	0.1334	long leg	$2K	$1.1M	20x
Extended CFG-USD	+0.0104%	1h	0.1327	−0.523%	$28K	$224K	5x	as long as short