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

CGNX

RWAall CGNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h 0.000%
Price spread now: QFEX against Bybit+0.434%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. QFEX is 0.434% dearer against Bybit than usual: you sell high and buy low (spread +0.434% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CGNXUSDT62.2300.0096pay 0.0096% / 8h4h 08m$26K$29K25x
ShortQFEX CGNX-USD62.5000get 0.0000% / 1h8m 03s$1.1M$452K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$20.22
Price spread: +0.434% → 0.000%
$43.39
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee QFEX: 5 bp × 2 orders
−$10
Net
$2.17
Costs to cover
0.210%
Break-even
from the start
Slippage unknown: Bybit: no order-book sample; QFEX: live order book, 5 min ago. 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 QFEX live order book, 5 min ago78.49 bp107.2 bp −$107108.5 bp −$1,085doesn't fitdoesn't fit
Bybit: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CGNX-USDT-SWAP0.0000%8h62.030−0.321%$28K$77K10xas long as short
QFEX CGNX-USDshort0.0000%1h62.500+0.434%$1.1M$452K10x
Gate CGNX_USDT0.0000%8h62.370+0.225%$31K$5K20xas long as short
Bitget CGNXUSDT0.0000%8h62.620+0.627%$36K$12K20xas long as short
HTX CGNX-USDT0.0000%8h62.490+0.418%$2K$13K20xas long as short
BloFin CGNX-USDT+0.0009%8h62.390+0.257%$48K$7K10xas long as short
Bybit CGNXUSDTlong+0.0096%8h62.230long leg$26K$29K25x