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

CGNX

RWAall CGNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h −0.033%
Price spread now: BloFin against Bybit+0.097%72s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.097% dearer against Bybit than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CGNXUSDT62.1400get 0.0000% / 8h7h 00m$26K$25K25x
ShortBloFin CGNX-USDT62.2000.0020get 0.0020% / 8h7h 00m$47K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$4.22
Price spread: +0.097% → 0.000%
$9.66
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.13
Costs to cover
0.230%
Break-even
22.2 days
Slippage unknown: Bybit: no order-book sample; BloFin: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit no order-book sample
Sell BloFin no order-book sample
Bybit and BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CGNX on 7 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
QFEX CGNX-USD−0.0006%1h61.810−0.531%$1.1M$356K10xas long as short
Bybit CGNXUSDTlong0.0000%8h62.140long leg$26K$25K25x
OKX CGNX-USDT-SWAP0.0000%8h62.190+0.080%$29K$75K10xas long as short
Gate CGNX_USDT0.0000%8h62.230+0.145%$30K$5K20xas long as short
Bitget CGNXUSDT0.0000%8h62.010−0.209%$36K$14K20xas long as short
HTX CGNX-USDT0.0000%8h62.240+0.161%$2K$13K20xas long as short
BloFin CGNX-USDTshort+0.0020%8h62.200+0.097%$47K$7K10x