Funding you earn now, next payment 10:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.074%
Price spread now: Coinbase International against OKX+0.433%7-day average +0.254% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$1151.151% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 4 days (all we have)−0.444%−$44 · spread now +0.433%, 7d avg +0.254%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.180% dearer against OKX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.254%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CFX-USDT-SWAP | 0.05306 | 0.0100 | pay 0.0100% / 8h | 5h 55m | $2.6M | $4.7M | 20x |
| Short | Coinbase International CFX-PERP-INTX | 0.05329 | 0.0400 | get 0.0050% / 1h | 55m 06s | $36K | $109K | 50x |
OKX CFX-USDT-SWAP
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $63
- Price spread: +0.433% → +0.254%
- $17.95
- Slippage, 4 orders
- −$95.13
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$34.18
- Costs to cover
- 1.151%
- Break-even
- 10.8 days
Slippage from OKX: live order book, 1 min ago; Coinbase International: live order book, 55 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 OKX live order book, 1 min ago | 0.94 bp | 19.0 bp −$19 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 55 min ago | 9.42 bp | 34.6 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
CFX on 16 exchanges
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 | 0.05307 | +0.011% | $4K | $33K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05305 | −0.019% | $5.2M | $8.5M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05310 | +0.075% | $2.5M | $1.2M | 25x | as long as short |
| OKX CFX-USDT-SWAPlong | +0.0100% | 8h | 0.05306 | long leg | $2.6M | $4.7M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05308 | +0.038% | $1.1M | $1.7M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05304 | −0.038% | $3.8M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05308 | +0.038% | $826K | $228K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05309 | +0.057% | $1.6M | $1.1M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05306 | 0.000% | — | $22.6M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05313 | +0.125% | $35K | $48K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05315 | +0.171% | $503K | $1.4M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05303 | −0.057% | $203 | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0400% | 1h | 0.05329 | +0.433% | $36K | $109K | 50x | |
| Hyperliquid CFX | +0.0414% | 1h | 0.05315 | +0.175% | $3.2M | $389K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.0881% | 1h | 0.05308 | +0.042% | $32K | $9K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1447% | 1h | 0.05314 | +0.151% | $140 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL