Funding you earn now, next payment 22:00 UTC+0.1794%/8h= +196.4% APRnext payment +$2.24 per $10,000 · paid last 24h +0.500%
Price spread now: Deribit against Coinbase International−0.075%59s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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—needs both histories
Funding pays, the price is against you. Deribit is 0.075% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$54 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05354 | 0.0392 | pay 0.0049% / 1h | 19m 24s | $35K | $197K | 50x |
| Short | Deribit CFX_USDC-PERPETUAL | 0.05350 | 0.2186 | get 0.0273% / 1h | 19m 24s | $141 | $29 | 10x |
Coinbase International CFX-PERP-INTX
Deribit CFX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Coinbase International. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $376.7
- Price spread: −0.075% → 0.000%
- −$7.47
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $352.23
- Costs to cover
- 0.170%
- Break-even
- 0.5 days
Slippage unknown: Coinbase International: live order book, 63 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 Coinbase International live order book, 63 min ago | 12.14 bp | 24.1 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0046% | 8h | 0.05338 | −0.299% | $1.1M | $3.0M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05339 | −0.274% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05339 | −0.287% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05340 | −0.261% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05334 | −0.374% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05339 | −0.280% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05341 | −0.243% | $884K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05335 | −0.355% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05339 | −0.280% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05350 | −0.078% | $37K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05348 | −0.112% | $512K | $1.9M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05338 | −0.303% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0392% | 1h | 0.05354 | long leg | $35K | $197K | 50x | |
| Hyperliquid CFX | +0.0748% | 1h | 0.05350 | −0.080% | $3.2M | $404K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.2048% | 1h | 0.05345 | −0.175% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUALshort | +0.2186% | 1h | 0.05350 | −0.075% | $141 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD