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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended−0.004%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$690.685% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.004%, 7d avg +0.037%
Together, before fees+0.132%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.041% cheaper against Extended than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFX-USD0.053810.0104pay 0.0013% / 1h10m 30s$134$253K10x
ShortBingX CFX-USDT0.053810.0100get 0.0100% / 8h10m 30s$20.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: −0.004% → +0.037%
−$4.12
Slippage, 4 orders
−$53.51
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$73.47
Costs to cover
0.685%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; BingX: live order book, 3 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 Extended live order book, 2 min ago3.82 bp26.2 bp −$26207.5 bp −$2,075doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago0.93 bp8.9 bp −$915.4 bp −$15452.1 bp −$5,209346.3 bp −$173.1K

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%8h0.05381−0.007%$5K$47K5xas long as short
Binance CFXUSDT+0.0100%8h0.05383+0.032%$5.4M$10.9M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05385+0.071%$2.4M$1.8M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05380−0.022%$2.5M$6.2M20xas long as short
Gate CFX_USDT+0.0100%8h0.05381−0.004%$1.1M$3.0M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05380−0.022%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05382+0.015%$887K$294K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05378−0.060%$1.6M$1.5M75xas long as short
BingX CFX-USDTshort+0.0100%8h0.05381−0.004%$20.7M
Variational Omni CFX+0.0100%8h0.05379−0.046%$38K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05378−0.060%$510K$1.9M10xas long as short
Extended CFX-USDlong+0.0104%1h0.05381long leg$134$253K10x
Coinbase International CFX-PERP-INTX+0.0400%1h0.05388+0.126%$35K$159K50xas long as short
Hyperliquid CFX+0.0725%1h0.05393+0.228%$3.2M$390K5xas long as short
Kraken Futures PF_CFXUSD+0.1105%1h0.05380−0.026%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2355%1h0.05388+0.126%$142$2910xas long as short