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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: BingX against Extended+0.006%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$740.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.006%, 7d avg +0.036%
Together, before fees+0.108%+ Points / potential airdropExtended: Active · farm board+$11 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: BingX is 0.030% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CFX-USD0.053130.0104pay 0.0013% / 1h30m 37s$862$234K10x
ShortBingX CFX-USDT0.053130.0100get 0.0100% / 8h1h 30m$23.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Extended. 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
−$0.84
Price spread: +0.006% → +0.036%
−$3.02
Slippage, 4 orders
−$58.86
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BingX: 5 bp × 2 orders
−$10
Net
−$77.71
Costs to cover
0.739%
Break-even
never at this rate
Slippage from Extended: live order book, 12 min ago; BingX: 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 Extended live order book, 12 min ago4.14 bp27.6 bp −$28213.8 bp −$2,138doesn't fitdoesn't fit
Sell BingX live order book, 3 min ago2.82 bp9.0 bp −$913.9 bp −$13936.0 bp −$3,603268.5 bp −$134.2K

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%8h0.05315+0.043%$4K$41K5xas long as short
Binance CFXUSDT+0.0100%8h0.05313+0.012%$5.2M$10.0M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05318+0.100%$2.5M$1.4M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05314+0.024%$2.6M$5.7M20xas long as short
Gate CFX_USDT+0.0100%8h0.05313+0.006%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05314+0.024%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05315+0.043%$805K$299K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05314+0.024%$1.5M$1.3M75xas long as short
BingX CFX-USDTshort+0.0100%8h0.05313+0.006%$23.0M
Variational Omni CFX+0.0100%8h0.05321+0.148%$35K$52Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05318+0.100%$504K$1.6M10xas long as short
Extended CFX-USDlong+0.0104%1h0.05313long leg$862$234K10x
Coinbase International CFX-PERP-INTX+0.0192%1h0.05333+0.382%$36K$126K50xas long as short
Hyperliquid CFX+0.0773%1h0.05324+0.211%$3.2M$388K5xas long as short
Kraken Futures PF_CFXUSD+0.0797%1h0.05319+0.126%$32K$10K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2008%1h0.05327+0.269%$141$2910xas long as short