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

CFX

all CFX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0128%/8h= +14.0% APRnext payment +$1.28 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Gate+0.037%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$420.416% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.037%, 7d avg +0.043%
Together, before fees+0.027%+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CFX_USDT0.05338−0.0028get 0.0028% / 8h2h 57m$1.1M$3.0M50x
ShortMEXC CFX_USDT0.053400.0100get 0.0100% / 8h2h 57m$3.4M$1.8M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
$26.88
Price spread: +0.037% → +0.043%
−$0.58
Slippage, 4 orders
−$22.65
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$15.34
Costs to cover
0.416%
Break-even
11.0 days
Slippage from Gate: live order book, 5 min ago; MEXC: live order book, 4 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 Gate live order book, 5 min ago3.74 bp13.3 bp −$1323.6 bp −$236doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago1.87 bp6.9 bp −$78.6 bp −$8646.7 bp −$4,67398.7 bp −$49.3K

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
Gate CFX_USDTlong−0.0028%8h0.05338long leg$1.1M$3.0M50x
Aster CFXUSDT+0.0100%8h0.05344+0.112%$5K$47K5xas long as short
Binance CFXUSDT+0.0100%8h0.05340+0.037%$5.4M$11.3M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05342+0.075%$2.4M$1.8M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05339+0.019%$2.5M$6.3M20xas long as short
MEXC CFX_USDTshort+0.0100%8h0.05340+0.037%$3.4M$1.8M125x
KuCoin CFXUSDTM+0.0100%8h0.05339+0.019%$856K$293K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05340+0.037%$1.6M$1.6M75xas long as short
BingX CFX-USDT+0.0100%8h0.05339+0.019%$18.2Mas long as short
Variational Omni CFX+0.0100%8h0.05347+0.161%$37K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05348+0.187%$505K$2.0M10xas long as short
Extended CFX-USD+0.0104%1h0.05341+0.048%$133$253K10xas long as short
Coinbase International CFX-PERP-INTX+0.0384%1h0.05359+0.393%$35K$200K50xas long as short
Hyperliquid CFX+0.0902%1h0.05354+0.292%$3.3M$359K5xas long as short
Kraken Futures PF_CFXUSD+0.1696%1h0.05355+0.310%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2370%1h0.05357+0.356%$141$2910xas long as short