Funding you earn now, next payment 00:00 UTC−0.1699%/8h= −186.1% APRpaid last 24h −0.576%
Price spread now: Binance against Deribit−0.209%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$51 a day on $10k at the current rate, and Binance is 0.209% cheaper against Deribit than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CFX_USDC-PERPETUAL | 0.05379 | 0.1799 | pay 0.0225% / 1h | 58m 19s | $142 | $29 | 10x |
| Short | Binance CFXUSDT | 0.05368 | 0.0100 | get 0.0100% / 8h | 58m 19s | $5.4M | $11.2M | 75x |
Deribit CFX_USDC-PERPETUAL
Binance CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Deribit. 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
- −$356.83
- Price spread: −0.209% → 0.000%
- −$20.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$394.75
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Binance: live order book, 12 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.94 bp | 16.2 bp −$16 | 43.9 bp −$439 | 465.9 bp −$46.6K | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0082% | 8h | 0.05364 | −0.279% | $1.1M | $2.9M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05365 | −0.256% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDTshort | +0.0100% | 8h | 0.05368 | −0.209% | $5.4M | $11.2M | 75x | |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05368 | −0.204% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05364 | −0.279% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05368 | −0.204% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05362 | −0.316% | $888K | $296K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05367 | −0.223% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05367 | −0.223% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05353 | −0.478% | $38K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
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 | 0.05352 | −0.501% | $512K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05366 | −0.244% | $133 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0400% | 1h | 0.05361 | −0.335% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0743% | 1h | 0.05381 | +0.039% | $3.2M | $404K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1106% | 1h | 0.05375 | −0.081% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.1799% | 1h | 0.05379 | long leg | $142 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD