Funding you earn now, next payment 23:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.076%
Price spread now: Coinbase International against BingX+0.335%7-day average +0.208% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$600.603% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 3 days (all we have)−0.259%−$26 · spread now +0.335%, 7d avg +0.208%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.127% dearer against BingX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.208%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CFX-USDT | 0.05376 | 0.0100 | pay 0.0100% / 8h | 34m 54s | — | $20.7M | — |
| Short | Coinbase International CFX-PERP-INTX | 0.05394 | 0.0400 | get 0.0050% / 1h | 34m 54s | $35K | $160K | 50x |
BingX CFX-USDT
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BingX. 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
- $63
- Price spread: +0.335% → +0.208%
- $12.66
- Slippage, 4 orders
- −$40.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $15.33
- Costs to cover
- 0.603%
- Break-even
- 5.3 days
Slippage from BingX: live order book, 4 min ago; Coinbase International: live order book, 43 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 BingX live order book, 4 min ago | 0.93 bp | 8.0 bp −$8 | 13.7 bp −$137 | 41.8 bp −$4,178 | 342.0 bp −$171.0K |
| Sell Coinbase International live order book, 43 min ago | 14.99 bp | 21.7 bp −$22 | doesn't fit | 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 | 0.05377 | +0.022% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05374 | −0.037% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05379 | +0.056% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05374 | −0.037% | $2.5M | $6.2M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05373 | −0.056% | $1.1M | $3.0M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05376 | 0.000% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05380 | +0.074% | $891K | $295K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05373 | −0.056% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDTlong | +0.0100% | 8h | 0.05376 | long leg | — | $20.7M | — | |
| Variational Omni CFX | +0.0100% | 8h | 0.05382 | +0.119% | $38K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
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 | 0.05382 | +0.112% | $510K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05374 | −0.028% | $134 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0400% | 1h | 0.05394 | +0.335% | $35K | $160K | 50x | |
| Hyperliquid CFX | +0.0775% | 1h | 0.05388 | +0.218% | $3.2M | $394K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1105% | 1h | 0.05381 | +0.098% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1983% | 1h | 0.05386 | +0.186% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL