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: Binance against Bybit−0.056%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days−0.051%−$5 on $10k
+Price spread, last 7 days−0.021%−$2 · spread now −0.056%, 7d avg −0.041%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CFXUSDT | 0.05385 | 0.0100 | pay 0.0100% / 8h | 6h 09m | $2.4M | $1.5M | 25x |
| Short | Binance CFXUSDT | 0.05382 | 0.0100 | get 0.0100% / 8h | 6h 09m | $5.4M | $10.5M | 75x |
Bybit CFXUSDT
Binance CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.056% → −0.041%
- −$1.49
- Slippage, 4 orders
- −$87.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$109.74
- Costs to cover
- 1.082%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 15 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 Bybit live order book, 2 min ago | 2.78 bp | 39.7 bp −$40 | 1258.5 bp −$12.6K | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.93 bp | 17.0 bp −$17 | 49.5 bp −$495 | 519.7 bp −$52.0K | 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 | 0.05384 | −0.013% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDTshort | +0.0100% | 8h | 0.05382 | −0.056% | $5.4M | $10.5M | 75x | |
| Bybit CFXUSDTlong | +0.0100% | 8h | 0.05385 | long leg | $2.4M | $1.5M | 25x | |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05379 | −0.111% | $2.5M | $5.8M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05382 | −0.056% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05382 | −0.056% | $3.1M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05385 | 0.000% | $882K | $285K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05380 | −0.093% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05385 | 0.000% | — | $20.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05398 | +0.233% | $42K | $45K | — | 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 | 0.05390 | +0.093% | $511K | $1.7M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05380 | −0.085% | $1K | $265K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0408% | 1h | 0.05394 | +0.167% | $44K | $125K | 50x | as long as short |
| Hyperliquid CFX | +0.0866% | 1h | 0.05395 | +0.193% | $3.2M | $352K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1213% | 1h | 0.05388 | +0.051% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2908% | 1h | 0.05400 | +0.279% | $143 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL