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

CGNX

RWAall CGNX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0006%/8h= +0.6% APRpaid last 24h −0.035%
Price spread now: OKX against QFEX+0.324%7-day average −0.439% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$804as in the Price arb table
costs, in and out, $10k−$8808.803% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.125%−$13 on $10k
Price spread, last 4 days (all we have)−0.652%−$65 · spread now +0.324%, 7d avg −0.439%
Together, before fees−0.777%−$78 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: OKX is 0.763% dearer against QFEX than usual: you sell high and buy low, +$76 on $10k if it goes back to its 7-day average of −0.439%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CGNX-USD61.800−0.0006get 0.0001% / 1h25m 23s$1.1M$335K10x
ShortOKX CGNX-USDT-SWAP62.0000get 0.0000% / 8h7h 25m$29K$112K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against QFEX. 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
$1.16
Price spread: +0.324% → −0.439%
$76.3
Slippage, 4 orders
−$860.26
Fee QFEX: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$802.81
Costs to cover
8.803%
Break-even
4854.9 days
Slippage from QFEX: live order book, 5 min ago; OKX: live order book, 4 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 QFEX live order book, 5 min ago253.26 bp287.0 bp −$287288.7 bp −$2,887doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago24.18 bp135.7 bp −$136doesn't fitdoesn't fitdoesn't fit

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
BloFin CGNX-USDT−0.0020%8h62.200+0.647%$47K$7K10xas long as short
QFEX CGNX-USDlong−0.0006%1h61.800long leg$1.1M$335K10x
Bybit CGNXUSDT0.0000%8h62.070+0.437%$25K$36K25xas long as short
OKX CGNX-USDT-SWAPshort0.0000%8h62.000+0.324%$29K$112K10x
Gate CGNX_USDT0.0000%8h62.080+0.453%$30K$5K20xas long as short
Bitget CGNXUSDT0.0000%8h62.010+0.340%$37K$18K20xas long as short
HTX CGNX-USDT0.0000%8h62.090+0.469%$2K$13K20xas long as short