Funding you earn now, next payment 00:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.66 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Gate0.000%7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.647% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now 0.000%, 7d avg +0.044%
=Funding pays, the price is against you. Binance is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.044%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.023% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFX_USDT | 0.05351 | 0.0034 | pay 0.0034% / 8h | 1h 39m | $1.1M | $3.0M | 50x |
| Short | Binance CFXUSDT | 0.05351 | 0.0100 | get 0.0100% / 8h | 1h 39m | $5.4M | $11.2M | 75x |
Gate CFX_USDT
Binance CFXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $13.86
- Price spread: 0.000% → +0.044%
- −$4.38
- Slippage, 4 orders
- −$39.74
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$55.26
- Costs to cover
- 0.647%
- Break-even
- 34.9 days
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 16 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 Gate live order book, 4 min ago | 3.74 bp | 13.5 bp −$14 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.93 bp | 16.6 bp −$17 | 45.4 bp −$454 | 454.2 bp −$45.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDTlong | +0.0034% | 8h | 0.05351 | long leg | $1.1M | $3.0M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05353 | +0.045% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDTshort | +0.0100% | 8h | 0.05351 | 0.000% | $5.4M | $11.2M | 75x | |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05354 | +0.056% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05347 | −0.075% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05351 | 0.000% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05353 | +0.037% | $886K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05351 | 0.000% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05354 | +0.056% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05356 | +0.101% | $38K | $41K | — | as long as short |
Aster CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
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 | 0.05355 | +0.075% | $512K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05351 | 0.000% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0392% | 1h | 0.05366 | +0.280% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0739% | 1h | 0.05362 | +0.204% | $3.2M | $405K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1993% | 1h | 0.05362 | +0.206% | $142 | $29 | 10x | as long as short |
| Kraken Futures PF_CFXUSD | +0.2045% | 1h | 0.05352 | +0.025% | $33K | $23K | 20x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSD