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: Bybit against Binance+0.065%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$840.842% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days−0.022%−$2 · spread now +0.065%, 7d avg +0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.026% dearer against Binance than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CFXUSDT | 0.05270 | 0.0100 | pay 0.0100% / 8h | 2h 32m | $5.2M | $10.0M | 75x |
| Short | Bybit CFXUSDT | 0.05273 | 0.0100 | get 0.0100% / 8h | 2h 32m | $2.4M | $1.3M | 25x |
Binance CFXUSDT
Bybit CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.065% → +0.039%
- $2.62
- Slippage, 4 orders
- −$63.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$81.61
- Costs to cover
- 0.842%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 10 min ago.
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 Binance live order book, 7 min ago | 0.95 bp | 11.4 bp −$11 | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 2.84 bp | 27.5 bp −$27 | 90.1 bp −$901 | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05270 | +0.007% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDTlong | +0.0100% | 8h | 0.05270 | long leg | $5.2M | $10.0M | 75x | |
| Bybit CFXUSDTshort | +0.0100% | 8h | 0.05273 | +0.065% | $2.4M | $1.3M | 25x | |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05268 | −0.030% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05272 | +0.046% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05268 | −0.030% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05268 | −0.030% | $799K | $301K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05270 | +0.008% | $1.5M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05273 | +0.065% | — | $23.0M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05284 | +0.268% | $35K | $52K | — | as long as short |
Aster CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05277 | +0.140% | $500K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05272 | +0.039% | $4K | $287K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05316 | +0.881% | $41K | $121K | 50x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0616% | 1h | 0.05275 | +0.104% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFX | +0.0787% | 1h | 0.05280 | +0.207% | $3.1M | $380K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2218% | 1h | 0.05281 | +0.217% | $139 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Kraken Futures PF_CFXUSD
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL