Funding you earn now, next payment 21:00 UTC−0.0280%/8h= −30.7% APRnext payment −$0.35 per $10,000 · paid last 24h −0.074%
Price spread now: Extended against Coinbase International−0.404%7-day average −0.241% · you buy dearer than you sell
Net, funding: paid 7d − costs−$132as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
Funding, last 7 days−0.301%−$30 on $10k
+Price spread, last 3 days (all we have)+0.343%+$34 · spread now −0.404%, 7d avg −0.241%
=Together, before fees+0.041%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Extended is 0.163% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.241%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05366 | 0.0384 | pay 0.0048% / 1h | 12m 24s | $35K | $197K | 50x |
| Short | Extended CFX-USD | 0.05344 | 0.0104 | get 0.0013% / 1h | 12m 24s | $133 | $253K | 10x |
Coinbase International CFX-PERP-INTX
Extended CFX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$58.8
- Price spread: −0.404% → −0.241%
- −$16.29
- Slippage, 4 orders
- −$86.97
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$177.06
- Costs to cover
- 1.020%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 10 min ago; Extended: live order book, 10 min ago.
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, 10 min ago | 12.14 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 10 min ago | 3.27 bp | 28.6 bp −$29 | 292.5 bp −$2,925 | doesn't fit | doesn't fit |
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 | +0.0006% | 8h | 0.05344 | −0.410% | $1.1M | $3.1M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05344 | −0.403% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05343 | −0.424% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05348 | −0.335% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05342 | −0.447% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05344 | −0.410% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05351 | −0.280% | $886K | $298K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05346 | −0.373% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05344 | −0.410% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05356 | −0.182% | $38K | $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 | 0.05360 | −0.112% | $508K | $2.0M | 10x | as long as short |
| Extended CFX-USDshort | +0.0104% | 1h | 0.05344 | −0.404% | $133 | $253K | 10x | |
| Coinbase International CFX-PERP-INTXlong | +0.0384% | 1h | 0.05366 | long leg | $35K | $197K | 50x | |
| Hyperliquid CFX | +0.0679% | 1h | 0.05354 | −0.229% | $3.2M | $408K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1620% | 1h | 0.05359 | −0.130% | $141 | $29 | 10x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1694% | 1h | 0.05360 | −0.118% | $33K | $23K | 20x | as long as short |
GRVT CFX_USDT_Perp
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSD