Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.077%
Price spread now: Gate against Coinbase International−0.331%7-day average −0.250% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$730.733% of the position
Funding, last 7 days−0.334%−$33 on $10k
+Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.331%, 7d avg −0.250%
=Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Gate is 0.081% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.250%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05435 | 0.0384 | pay 0.0048% / 1h | 9m 05s | $35K | $125K | 50x |
| Short | Gate CFX_USDT | 0.05417 | 0.0100 | get 0.0100% / 8h | 7h 09m | $1.1M | $2.9M | 50x |
Coinbase International CFX-PERP-INTX
Gate CFX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$59.64
- Price spread: −0.331% → −0.250%
- −$8.07
- Slippage, 4 orders
- −$48.27
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$140.98
- Costs to cover
- 0.733%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 64 min ago; Gate: live order book, 4 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, 64 min ago | 15.82 bp | 24.2 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.77 bp | 13.8 bp −$14 | 24.3 bp −$243 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05419 | −0.291% | $5K | $46K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05414 | −0.378% | $5.5M | $10.7M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05421 | −0.258% | $2.4M | $1.6M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05409 | −0.478% | $2.5M | $6.0M | 20x | as long as short |
| Gate CFX_USDTshort | +0.0100% | 8h | 0.05417 | −0.331% | $1.1M | $2.9M | 50x | |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05417 | −0.331% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05419 | −0.294% | $884K | $290K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05413 | −0.405% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05420 | −0.276% | — | $20.4M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05420 | −0.283% | $38K | $41K | — | as long as short |
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 | 0.05422 | −0.239% | $514K | $1.8M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05417 | −0.327% | $3K | $270K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0384% | 1h | 0.05435 | long leg | $35K | $125K | 50x | |
| Kraken Futures PF_CFXUSD | +0.0846% | 1h | 0.05421 | −0.254% | $33K | $23K | 20x | as long as short |
| Hyperliquid CFX | +0.0927% | 1h | 0.05425 | −0.184% | $3.2M | $381K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3075% | 1h | 0.05432 | −0.055% | $143 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Kraken Futures PF_CFXUSD
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL