Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.90 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Gate+0.056%7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$810.815% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now +0.056%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bitget is 0.031% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFX_USDT | 0.05363 | 0.0010 | pay 0.0010% / 8h | 2h 18m | $1.1M | $3.1M | 50x |
| Short | Bitget CFXUSDT | 0.05366 | 0.0100 | get 0.0100% / 8h | 2h 18m | $1.6M | $1.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $18.9
- Price spread: +0.056% → +0.025%
- $3.11
- Slippage, 4 orders
- −$54.5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$59.49
- Costs to cover
- 0.815%
- Break-even
- 29.0 days
Slippage from Gate: live order book, 4 min ago; Bitget: live order book, 3 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 | 11.6 bp −$12 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 3.73 bp | 27.6 bp −$28 | 51.2 bp −$512 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDTlong | +0.0010% | 8h | 0.05363 | long leg | $1.1M | $3.1M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05364 | +0.019% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05364 | +0.019% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05369 | +0.112% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05365 | +0.037% | $2.5M | $6.4M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05364 | +0.019% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05365 | +0.037% | $888K | $298K | 75x | as long as short |
| Bitget CFXUSDTshort | +0.0100% | 8h | 0.05366 | +0.056% | $1.6M | $1.6M | 75x | |
| BingX CFX-USDT | +0.0100% | 8h | 0.05367 | +0.075% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05359 | −0.071% | $38K | $41K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05351 | −0.216% | $507K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05361 | −0.034% | $133 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05366 | +0.056% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0695% | 1h | 0.05377 | +0.257% | $3.2M | $408K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1691% | 1h | 0.05372 | +0.166% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1801% | 1h | 0.05375 | +0.224% | $142 | $29 | 10x | as long as short |
Gate CFX_USDT
Bitget CFXUSDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
BingX CFX-USDT
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL