Funding you earn now, next payment 00:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Gate+0.019%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.019%, 7d avg +0.042%
=Funding pays, the price is against you. BingX is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.042%). If the spread goes back, that is −$2 on $10k: about 3.2 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFX_USDT | 0.05352 | 0.0076 | pay 0.0076% / 8h | 1h 01m | $1.1M | $3.1M | 50x |
| Short | BingX CFX-USDT | 0.05353 | 0.0100 | get 0.0100% / 8h | 1h 01m | — | $20.7M | — |
Gate CFX_USDT
BingX CFX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $5.04
- Price spread: +0.019% → +0.042%
- −$2.3
- Slippage, 4 orders
- −$20.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$42.37
- Costs to cover
- 0.451%
- Break-even
- 65.9 days
Slippage from Gate: live order book, 1 min ago; BingX: live order book, 1 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, 1 min ago | 2.80 bp | 12.5 bp −$13 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 1.87 bp | 11.0 bp −$11 | 15.8 bp −$158 | 40.9 bp −$4,088 | 332.9 bp −$166.4K |
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 | +0.0076% | 8h | 0.05352 | long leg | $1.1M | $3.1M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05352 | +0.001% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05352 | 0.000% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05353 | +0.019% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05348 | −0.075% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05352 | 0.000% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05352 | 0.000% | $886K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05351 | −0.019% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDTshort | +0.0100% | 8h | 0.05353 | +0.019% | — | $20.7M | — | |
| Variational Omni CFX | +0.0100% | 8h | 0.05349 | −0.060% | $37K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
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 | 0.05352 | −0.008% | $512K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05351 | −0.026% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0392% | 1h | 0.05361 | +0.168% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0716% | 1h | 0.05364 | +0.228% | $3.2M | $404K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.2043% | 1h | 0.05358 | +0.115% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2179% | 1h | 0.05366 | +0.262% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL