Funding you earn now, next payment 02:00 UTC−0.3186%/8h= −348.8% APRpaid last 24h −0.601%
Price spread now: OKX against Deribit−0.204%46s7-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 −$96 a day on $10k at the current rate, and OKX is 0.204% cheaper against Deribit than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CFX_USDC-PERPETUAL | 0.05393 | 0.3286 | pay 0.0411% / 1h | 28m 31s | $142 | $29 | 10x |
| Short | OKX CFX-USDT-SWAP | 0.05382 | 0.0100 | get 0.0100% / 8h | 6h 28m | $2.6M | $5.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$668.96
- Price spread: −0.204% → 0.000%
- −$20.4
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$706.36
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.93 bp | 18.2 bp −$18 | 38.0 bp −$380 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05376 | −0.314% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05383 | −0.186% | $5.4M | $10.7M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05385 | −0.148% | $2.4M | $1.5M | 25x | as long as short |
| OKX CFX-USDT-SWAPshort | +0.0100% | 8h | 0.05382 | −0.204% | $2.6M | $5.8M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05376 | −0.315% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05380 | −0.241% | $3.3M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05376 | −0.315% | $881K | $287K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05385 | −0.148% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05379 | −0.260% | — | $20.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05375 | −0.331% | $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 | 0.05374 | −0.352% | $510K | $1.8M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05376 | −0.321% | $2K | $266K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0408% | 1h | 0.05388 | −0.093% | $44K | $145K | 50x | as long as short |
| Hyperliquid CFX | +0.0893% | 1h | 0.05388 | −0.085% | $3.2M | $374K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1215% | 1h | 0.05378 | −0.287% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.3286% | 1h | 0.05393 | long leg | $142 | $29 | 10x |
Deribit CFX_USDC-PERPETUAL
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
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD