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

CFX

all CFX markets
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 −0.020%
Price spread now: GRVT against KuCoin−0.543%98s7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1511.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.020%−$2 on $10k
Price spread, last 4 days (all we have)+0.872%+$87 · spread now −0.543%, 7d avg +0.052%
Together, before fees+0.852%+ Points / potential airdropGRVT: Active · farm board+$85 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: GRVT is 0.595% cheaper against KuCoin than usual: you would sell low and buy high, −$60 on $10k if it goes back to its 7-day average of +0.052%. The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFXUSDTM0.053600.0100pay 0.0100% / 8h6h 49m$879K$292K75x
ShortGRVT CFX_USDT_Perp0.053310.0100get 0.0100% / 8h6h 49m$505K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: −0.543% → +0.052%
−$59.54
Slippage, 4 orders
−$130.44
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$210.99
Costs to cover
1.514%
Break-even
never at this rate
Slippage from KuCoin: live order book, 64 min ago; GRVT: live order book, 3 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, 64 min ago8.35 bp50.1 bp −$5091.0 bp −$910doesn't fitdoesn't fit
Sell GRVT live order book, 3 min ago8.42 bp36.3 bp −$3691.5 bp −$915doesn't fitdoesn'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%8h0.05356−0.073%$5K$46K5xas long as short
Binance CFXUSDT+0.0100%8h0.05369+0.168%$5.4M$11.1M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05366+0.112%$2.4M$1.7M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05363+0.056%$2.6M$6.1M20xas long as short
Gate CFX_USDT+0.0100%8h0.05358−0.037%$1.1M$2.6M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05368+0.149%$3.3M$1.7M125xas long as short
KuCoin CFXUSDTMlong+0.0100%8h0.05360long leg$879K$292K75x
Bitget CFXUSDT+0.0100%8h0.05363+0.056%$1.6M$1.5M75xas long as short
BingX CFX-USDT+0.0100%8h0.05359−0.019%$20.3Mas long as short
Variational Omni CFX+0.0100%8h0.05351−0.174%$37K$41Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perpshort+0.0100%8h0.05331−0.543%$505K$1.8M10x
Extended CFX-USD+0.0104%1h0.05368+0.144%$3K$265K10xas long as short
Coinbase International CFX-PERP-INTX+0.0408%1h0.05363+0.056%$44K$167K50xas long as short
Hyperliquid CFX+0.1004%1h0.05376+0.304%$3.2M$384K5xas long as short
Kraken Futures PF_CFXUSD+0.1217%1h0.05373+0.241%$33K$23K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.3293%1h0.05381+0.392%$142$2910xas long as short