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: Bitget against BingX+0.019%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$610.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.003%$0 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.019%, 7d avg −0.039%
Together, before fees−0.072%−$7 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: Bitget is 0.058% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX CFX-USDT0.053200.0100pay 0.0100% / 8h3h 10m$20.1M
ShortBitget CFXUSDT0.053210.0100get 0.0100% / 8h3h 10m$1.6M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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: +0.019% → −0.039%
$5.78
Slippage, 4 orders
−$39.47
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$55.69
Costs to cover
0.615%
Break-even
never at this rate
Slippage from BingX: live order book, 13 min ago; Bitget: live order book, 1 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 BingX live order book, 13 min ago1.88 bp9.3 bp −$916.0 bp −$16042.0 bp −$4,203383.2 bp −$191.6K
Sell Bitget live order book, 1 min ago3.76 bp24.0 bp −$2456.9 bp −$569doesn'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%8h0.05321+0.021%$5K$42K5xas long as short
Binance CFXUSDT+0.0100%8h0.05321+0.019%$5.3M$9.9M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05323+0.056%$2.4M$1.3M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05316−0.075%$2.5M$5.5M20xas long as short
Gate CFX_USDT+0.0100%8h0.05321+0.019%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05323+0.056%$3.5M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05323+0.056%$803K$302K75xas long as short
Bitget CFXUSDTshort+0.0100%8h0.05321+0.019%$1.6M$1.4M75x
BingX CFX-USDTlong+0.0100%8h0.05320long leg$20.1M
Variational Omni CFX+0.0100%8h0.05326+0.104%$37K$50Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05336+0.293%$506K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05319−0.027%$2K$261K10xas long as short
Coinbase International CFX-PERP-INTX+0.0208%1h0.05358+0.714%$41K$121K50xas long as short
Kraken Futures PF_CFXUSD+0.0580%1h0.05320+0.009%$32K$11K20xas long as short
Hyperliquid CFX+0.0750%1h0.05332+0.222%$3.2M$361K5xas long as short
Deribit CFX_USDC-PERPETUAL+0.2383%1h0.05332+0.226%$141$2910xas long as short