Funding you earn now, next payment 23:00 UTC−0.0296%/8h= −32.4% APRnext payment −$0.37 per $10,000 · paid last 24h −0.075%
Price spread now: Extended against Coinbase International−0.139%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$990.994% of the position
Funding, last 7 days−0.304%−$30 on $10k
+Price spread, last 3 days (all we have)+0.003%$0 · spread now −0.139%, 7d avg −0.243%
=Together, before fees−0.301%+ Points / potential airdropExtended: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.105% dearer against Coinbase International than usual: you sell high and buy low (spread −0.139% now, against its 7-day average of −0.243%): +$10 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 28 hours. At the pace of the last 7 days (−0.304% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05388 | 0.0400 | pay 0.0050% / 1h | 9m 27s | $35K | $159K | 50x |
| Short | Extended CFX-USD | 0.05381 | 0.0104 | get 0.0013% / 1h | 9m 27s | $134 | $253K | 10x |
Coinbase International CFX-PERP-INTX
Extended CFX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$62.16
- Price spread: −0.139% → −0.243%
- $10.46
- Slippage, 4 orders
- −$84.43
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$151.13
- Costs to cover
- 0.994%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Extended: live order book, 3 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 Coinbase International live order book, 3 min ago | 15.82 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 3.82 bp | 26.5 bp −$26 | 235.5 bp −$2,355 | 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 | 0.05384 | −0.083% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05385 | −0.056% | $5.4M | $10.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05386 | −0.037% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05383 | −0.093% | $2.5M | $6.2M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05382 | −0.111% | $1.1M | $3.0M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05385 | −0.056% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05385 | −0.056% | $887K | $294K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05380 | −0.148% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05387 | −0.019% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05379 | −0.172% | $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
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 | 0.05379 | −0.167% | $510K | $1.9M | 10x | as long as short |
| Extended CFX-USDshort | +0.0104% | 1h | 0.05381 | −0.139% | $134 | $253K | 10x | |
| Coinbase International CFX-PERP-INTXlong | +0.0400% | 1h | 0.05388 | long leg | $35K | $159K | 50x | |
| Hyperliquid CFX | +0.0724% | 1h | 0.05398 | +0.180% | $3.2M | $388K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1103% | 1h | 0.05389 | +0.019% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2165% | 1h | 0.05396 | +0.148% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL