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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05402 | 0.0400 | pay 0.0050% / 1h | 6m 34s | $35K | $160K | 50x |
| Short | OKX CFX-USDT-SWAP | 0.05388 | 0.0100 | get 0.0100% / 8h | 6m 34s | $2.5M | $6.2M | 20x |
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 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: −0.259% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Coinbase International live order book, 6 min ago | 15.82 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.93 bp | 17.4 bp −$17 | 38.9 bp −$389 | 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 | 0.05392 | −0.184% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05392 | −0.179% | $5.4M | $11.0M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05394 | −0.148% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAPshort | +0.0100% | 8h | 0.05388 | −0.259% | $2.5M | $6.2M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05391 | −0.204% | $1.1M | $3.0M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05393 | −0.167% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05393 | −0.167% | $889K | $294K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05389 | −0.241% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05392 | −0.185% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05379 | −0.431% | $38K | $41K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05387 | −0.283% | $511K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05391 | −0.200% | $134 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0400% | 1h | 0.05402 | long leg | $35K | $160K | 50x | |
| Hyperliquid CFX | +0.0718% | 1h | 0.05405 | +0.061% | $3.2M | $388K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1101% | 1h | 0.05400 | −0.029% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2905% | 1h | 0.05405 | +0.056% | $143 | $29 | 10x | as long as short |
Coinbase International CFX-PERP-INTX
OKX CFX-USDT-SWAP
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL