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

CFX

all CFX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.076%
Price spread now: OKX against Coinbase International−0.259%7-day average −0.256% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$770.767% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.293%−$29 on $10k
Price spread, last 3 days (all we have)+0.184%+$18 · spread now −0.259%, 7d avg −0.256%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.256%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CFX-PERP-INTX0.054020.0400pay 0.0050% / 1h6m 34s$35K$160K50x
ShortOKX CFX-USDT-SWAP0.053880.0100get 0.0100% / 8h6m 34s$2.5M$6.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63
Price spread: −0.259% → −0.256%
−$0.28
Slippage, 4 orders
−$56.72
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$140
Costs to cover
0.767%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 6 min ago; OKX: live order book, 1 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 Coinbase International live order book, 6 min ago15.82 bp24.2 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.93 bp17.4 bp −$1738.9 bp −$389doesn't fitdoesn't fit

CFX on 16 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
Aster CFXUSDT+0.0100%8h0.05392−0.184%$5K$47K5xas long as short
Binance CFXUSDT+0.0100%8h0.05392−0.179%$5.4M$11.0M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05394−0.148%$2.4M$1.8M25xas long as short
OKX CFX-USDT-SWAPshort+0.0100%8h0.05388−0.259%$2.5M$6.2M20x
Gate CFX_USDT+0.0100%8h0.05391−0.204%$1.1M$3.0M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05393−0.167%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05393−0.167%$889K$294K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05389−0.241%$1.6M$1.5M75xas long as short
BingX CFX-USDT+0.0100%8h0.05392−0.185%$20.7Mas long as short
Variational Omni CFX+0.0100%8h0.05379−0.431%$38K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05387−0.283%$511K$1.9M10xas long as short
Extended CFX-USD+0.0104%1h0.05391−0.200%$134$253K10xas long as short
Coinbase International CFX-PERP-INTXlong+0.0400%1h0.05402long leg$35K$160K50x
Hyperliquid CFX+0.0718%1h0.05405+0.061%$3.2M$388K5xas long as short
Kraken Futures PF_CFXUSD+0.1101%1h0.05400−0.029%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2905%1h0.05405+0.056%$143$2910xas long as short