Funding you earn now, next payment 23:00 UTC+0.0296%/8h= +32.4% APRnext payment +$0.37 per $10,000 · paid last 24h +0.075%
Price spread now: Coinbase International against Extended+0.391%7-day average +0.243% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days+0.304%+$30 on $10k
+Price spread, last 3 days (all we have)−0.256%−$26 · spread now +0.391%, 7d avg +0.243%
=Together, before fees+0.048%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.148% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.243%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CFX-USD | 0.05373 | 0.0104 | pay 0.0013% / 1h | 32m 28s | $134 | $253K | 10x |
| Short | Coinbase International CFX-PERP-INTX | 0.05394 | 0.0400 | get 0.0050% / 1h | 32m 28s | $35K | $159K | 50x |
Extended CFX-USD
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Extended. 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
- $62.16
- Price spread: +0.391% → +0.243%
- $14.79
- Slippage, 4 orders
- −$83.84
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$21.89
- Costs to cover
- 0.988%
- Break-even
- 9.5 days
Slippage from Extended: live order book, 45 min ago; Coinbase International: live order book, 45 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 Extended live order book, 45 min ago | 3.10 bp | 27.3 bp −$27 | 273.9 bp −$2,739 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 45 min ago | 14.99 bp | 21.7 bp −$22 | doesn't fit | 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 | 0.05375 | +0.038% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05375 | +0.030% | $5.4M | $11.0M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05378 | +0.093% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05373 | 0.000% | $2.5M | $6.2M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05375 | +0.038% | $1.1M | $3.0M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05375 | +0.038% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05379 | +0.112% | $890K | $294K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05372 | −0.018% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05376 | +0.056% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05382 | +0.175% | $38K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
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 | 0.05382 | +0.168% | $510K | $1.9M | 10x | as long as short |
| Extended CFX-USDlong | +0.0104% | 1h | 0.05373 | long leg | $134 | $253K | 10x | |
| Coinbase International CFX-PERP-INTXshort | +0.0400% | 1h | 0.05394 | +0.391% | $35K | $159K | 50x | |
| Hyperliquid CFX | +0.0779% | 1h | 0.05386 | +0.240% | $3.2M | $394K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1104% | 1h | 0.05384 | +0.207% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1609% | 1h | 0.05389 | +0.298% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL