CFX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.1443%/8h= +158.0% APRnext payment +$1.80 per $10,000 · paid last 24h +0.403%

Price spread now: Deribit against Hyperliquid−0.021%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Deribit is 0.021% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 1 hour of funding at the current rate (+$43 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CFX	0.05325	0.0755	pay 0.0094% / 1h	8m 49s	$3.2M	$358K	5x
Short	Deribit CFX_USDC-PERPETUAL	0.05324	0.2198	get 0.0275% / 1h	8m 49s	$141	$29	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Hyperliquid. 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

Position, each leg$Hold fordaysFee HyperliquidbpFee DeribitbpOrdersPrice spread, now −0.021%Rate

Funding earned: $303.02
Price spread: −0.021% → 0.000%: −$2.07
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $284.96
Costs to cover: 0.160%
Break-even: 0.4 days

Slippage unknown: Hyperliquid: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.

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 Hyperliquid live order book, 3 min ago	0.84 bp	22.8 bp −$23	doesn't fit	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster CFXUSDT	+0.0100%	8h	0.05317	−0.151%	$5K	$42K	5x	as long as short
Binance CFXUSDT	+0.0100%	8h	0.05315	−0.191%	$5.3M	$9.9M	75x	as long as short
Bybit CFXUSDT	+0.0100%	8h	0.05315	−0.190%	$2.4M	$1.3M	25x	as long as short
OKX CFX-USDT-SWAP	+0.0100%	8h	0.05312	−0.246%	$2.5M	$5.5M	20x	as long as short
Gate CFX_USDT	+0.0100%	8h	0.05315	−0.190%	$1.1M	$2.5M	50x	as long as short
MEXC CFX_USDT	+0.0100%	8h	0.05313	−0.227%	$3.5M	$1.8M	125x	as long as short
KuCoin CFXUSDTM	+0.0100%	8h	0.05316	−0.171%	$802K	$302K	75x	as long as short
Bitget CFXUSDT	+0.0100%	8h	0.05315	−0.190%	$1.6M	$1.4M	75x	as long as short
BingX CFX-USDT	+0.0100%	8h	0.05314	−0.208%	—	$20.1M	—	as long as short
Variational Omni CFX	+0.0100%	8h	0.05326	+0.008%	$37K	$50K	—	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	0.05336	+0.197%	$506K	$1.6M	10x	as long as short
Extended CFX-USD	+0.0104%	1h	0.05313	−0.236%	$2K	$261K	10x	as long as short
Coinbase International CFX-PERP-INTX	+0.0208%	1h	0.05358	+0.618%	$41K	$121K	50x	as long as short
Kraken Futures PF_CFXUSD	+0.0581%	1h	0.05313	−0.218%	$32K	$11K	20x	as long as short
Hyperliquid CFXlong	+0.0755%	1h	0.05325	long leg	$3.2M	$358K	5x
Deribit CFX_USDC-PERPETUALshort	+0.2198%	1h	0.05324	−0.021%	$141	$29	10x