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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Bybit against Extended−0.079%7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1091.089% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.079%, 7d avg +0.064%
Together, before fees+0.215%+ Points / potential airdropExtended: Active · farm board+$22 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: Bybit is 0.143% cheaper against Extended than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFX-USD0.053830.0104pay 0.0013% / 1h46m 27s$3K$278K10x
ShortBybit CFXUSDT0.053790.0100get 0.0100% / 8h7h 46m$2.4M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.079% → +0.064%
−$14.29
Slippage, 4 orders
−$92.88
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$124.01
Costs to cover
1.089%
Break-even
never at this rate
Slippage from Extended: live order book, 26 min ago; Bybit: 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 Extended live order book, 26 min ago3.82 bp26.2 bp −$26207.5 bp −$2,075doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago1.86 bp28.6 bp −$29160.0 bp −$1,600doesn'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%8h0.05384+0.015%$5K$47K5xas long as short
Binance CFXUSDT+0.0100%8h0.05378−0.098%$5.4M$10.9M75xas long as short
Bybit CFXUSDTshort+0.0100%8h0.05379−0.079%$2.4M$1.8M25x
OKX CFX-USDT-SWAP+0.0100%8h0.05376−0.135%$2.5M$6.1M20xas long as short
Gate CFX_USDT+0.0100%8h0.05375−0.153%$1.1M$2.8M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05377−0.116%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05382−0.023%$887K$290K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05379−0.079%$1.6M$1.5M75xas long as short
BingX CFX-USDT+0.0100%8h0.05377−0.116%$20.7Mas long as short
Variational Omni CFX+0.0100%8h0.05383−0.002%$38K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05385+0.033%$511K$1.9M10xas long as short
Extended CFX-USDlong+0.0104%1h0.05383long leg$3K$278K10x
Coinbase International CFX-PERP-INTX+0.0384%1h0.05389+0.107%$35K$153K50xas long as short
Hyperliquid CFX+0.0689%1h0.05389+0.110%$3.2M$382K5xas long as short
Kraken Futures PF_CFXUSD+0.0851%1h0.05389+0.099%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2350%1h0.05398+0.274%$143$2910xas long as short