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 MEXC−0.056%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.510% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.048%+$5 on $10k
Price spread, last 7 days+0.020%+$2 · spread now −0.056%, 7d avg −0.034%
Together, before fees+0.068%+$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 0.022% cheaper against MEXC than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC CFX_USDT0.053490.0100pay 0.0100% / 8h3h 29m$3.2M$1.8M125x
ShortBitget CFXUSDT0.053460.0100get 0.0100% / 8h3h 29m$1.6M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against MEXC. 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: −0.056% → −0.034%
−$2.25
Slippage, 4 orders
−$35.02
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$53.27
Costs to cover
0.510%
Break-even
never at this rate
Slippage from MEXC: live order book, 3 min ago; Bitget: live order book, 2 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 MEXC live order book, 3 min ago1.87 bp7.4 bp −$78.2 bp −$8242.1 bp −$4,20889.0 bp −$44.5K
Sell Bitget live order book, 2 min ago2.80 bp21.4 bp −$2165.0 bp −$650doesn'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%8h0.05352+0.055%$5K$42K5xas long as short
Binance CFXUSDT+0.0100%8h0.05348−0.019%$5.3M$9.9M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05355+0.112%$2.4M$1.3M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05345−0.075%$2.5M$5.5M20xas long as short
Gate CFX_USDT+0.0100%8h0.05350+0.019%$1.1M$2.5M50xas long as short
MEXC CFX_USDTlong+0.0100%8h0.05349long leg$3.2M$1.8M125x
KuCoin CFXUSDTM+0.0100%8h0.05351+0.037%$807K$302K75xas long as short
Bitget CFXUSDTshort+0.0100%8h0.05346−0.056%$1.6M$1.4M75x
BingX CFX-USDT+0.0100%8h0.05352+0.056%$20.1Mas long as short
Variational Omni CFX+0.0100%8h0.05366+0.310%$38K$50Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05361+0.216%$508K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05349+0.001%$2K$268K10xas long as short
Coinbase International CFX-PERP-INTX+0.0208%1h0.05358+0.168%$41K$122K50xas long as short
Kraken Futures PF_CFXUSD+0.0577%1h0.053490.000%$32K$11K20xas long as short
Hyperliquid CFX+0.0680%1h0.05360+0.198%$3.2M$360K5xas long as short
Deribit CFX_USDC-PERPETUAL+0.2181%1h0.05360+0.206%$142$2910xas long as short