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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin−0.074%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1351.353% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.074%, 7d avg −0.002%
Together, before fees−0.020%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.072% cheaper against KuCoin than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFXUSDTM0.053810.0100pay 0.0100% / 8h7h 40m$887K$290K75x
ShortBinance CFXUSDT0.053770.0100get 0.0100% / 8h7h 40m$5.4M$10.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$0
Price spread: −0.074% → −0.002%
−$7.2
Slippage, 4 orders
−$113.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$142.48
Costs to cover
1.353%
Break-even
never at this rate
Slippage from KuCoin: live order book, 14 min ago; Binance: live order book, 14 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 KuCoin live order book, 14 min ago8.35 bp50.1 bp −$5091.0 bp −$910doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.93 bp18.4 bp −$1848.7 bp −$487476.5 bp −$47.7Kdoesn't fit

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
Aster CFXUSDT+0.0100%8h0.05377−0.072%$5K$47K5xas long as short
Binance CFXUSDTshort+0.0100%8h0.05377−0.074%$5.4M$10.9M75x
Bybit CFXUSDT+0.0100%8h0.05379−0.037%$2.4M$1.8M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05376−0.093%$2.5M$6.0M20xas long as short
Gate CFX_USDT+0.0100%8h0.05376−0.093%$1.1M$2.8M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05376−0.093%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTMlong+0.0100%8h0.05381long leg$887K$290K75x
Bitget CFXUSDT+0.0100%8h0.05374−0.130%$1.6M$1.5M75xas long as short
BingX CFX-USDT+0.0100%8h0.05378−0.056%$20.7Mas long as short
Variational Omni CFX+0.0100%8h0.05386+0.096%$38K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05386+0.100%$511K$1.8M10xas long as short
Extended CFX-USD+0.0104%1h0.05376−0.099%$2K$303K10xas long as short
Coinbase International CFX-PERP-INTX+0.0384%1h0.05389+0.149%$35K$152K50xas long as short
Hyperliquid CFX+0.0707%1h0.05386+0.100%$3.2M$383K5xas long as short
Kraken Futures PF_CFXUSD+0.0851%1h0.05391+0.177%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2723%1h0.05397+0.297%$142$2910xas long as short