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

CFX

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0683%/8h= +74.8% APRnext payment +$0.85 per $10,000 · paid last 24h +0.182%
Price spread now: Hyperliquid against Extended+0.253%7-day average +0.257% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$930.926% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.328%+$33 on $10k
Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.253%, 7d avg +0.257%
Together, before fees+0.327%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board+$33 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.257%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.328% in total (about 17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFX-USD0.052720.0104pay 0.0013% / 1h32m 32s$4K$287K10x
ShortHyperliquid CFX0.052860.0787get 0.0098% / 1h32m 32s$3.1M$380K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$143.49
Price spread: +0.253% → +0.257%
−$0.39
Slippage, 4 orders
−$78.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$50.52
Costs to cover
0.926%
Break-even
4.5 days
Slippage from Extended: live order book, 15 min ago; Hyperliquid: live order book, 9 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, 15 min ago3.50 bp30.4 bp −$30256.9 bp −$2,569doesn't fitdoesn't fit
Sell Hyperliquid live order book, 9 min ago1.33 bp14.7 bp −$15doesn't fitdoesn'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%8h0.05273+0.011%$4K$41K5xas long as short
Binance CFXUSDT+0.0100%8h0.05273+0.011%$5.2M$10.0M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05276+0.067%$2.4M$1.3M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05274+0.029%$2.5M$5.5M20xas long as short
Gate CFX_USDT+0.0100%8h0.05272−0.008%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05274+0.029%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05270−0.046%$799K$301K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05271−0.027%$1.5M$1.4M75xas long as short
BingX CFX-USDT+0.0100%8h0.05276+0.067%$23.0Mas long as short
Variational Omni CFX+0.0100%8h0.05284+0.213%$35K$52Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05277+0.085%$500K$1.6M10xas long as short
Extended CFX-USDlong+0.0104%1h0.05272long leg$4K$287K10x
Coinbase International CFX-PERP-INTX+0.0208%1h0.05316+0.826%$41K$121K50xas long as short
Kraken Futures PF_CFXUSD+0.0616%1h0.05271−0.031%$32K$11K20xas long as short
Hyperliquid CFXshort+0.0787%1h0.05286+0.253%$3.1M$380K5x
Deribit CFX_USDC-PERPETUAL+0.2027%1h0.05281+0.162%$139$2910xas long as short