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

CFX

all CFX markets
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 Binance−0.061%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$800.803% 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+0.046%+$5 · spread now −0.061%, 7d avg −0.033%
Together, before fees+0.094%+$9 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 0.028% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.033%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CFXUSDT0.053350.0100pay 0.0100% / 8h4h 50m$5.3M$10.1M75x
ShortBitget CFXUSDT0.053320.0100get 0.0100% / 8h4h 50m$1.6M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.061% → −0.033%
−$2.78
Slippage, 4 orders
−$58.27
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$83.05
Costs to cover
0.803%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; Bitget: live order book, 1 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 Binance live order book, 4 min ago0.93 bp14.4 bp −$1446.6 bp −$466doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago2.81 bp22.0 bp −$2250.4 bp −$504doesn'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%8h0.05336+0.018%$5K$43K5xas long as short
Binance CFXUSDTlong+0.0100%8h0.05335long leg$5.3M$10.1M75x
Bybit CFXUSDT+0.0100%8h0.05335−0.005%$2.4M$1.4M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05328−0.136%$2.5M$5.6M20xas long as short
Gate CFX_USDT+0.0100%8h0.05332−0.061%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05334−0.023%$3.0M$1.6M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05334−0.023%$876K$282K75xas long as short
Bitget CFXUSDTshort+0.0100%8h0.05332−0.061%$1.6M$1.4M75x
BingX CFX-USDT+0.0100%8h0.05336+0.014%$20.1Mas long as short
Variational Omni CFX+0.0100%8h0.05340+0.081%$42K$45Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05365+0.549%$509K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05335−0.009%$859$262K10xas long as short
Coinbase International CFX-PERP-INTX+0.0192%1h0.05412+1.439%$43K$125K50xas long as short
Kraken Futures PF_CFXUSD+0.0505%1h0.05335+0.001%$32K$11K20xas long as short
Hyperliquid CFX+0.0695%1h0.05347+0.222%$3.2M$359K5xas long as short
Deribit CFX_USDC-PERPETUAL+0.2375%1h0.05347+0.220%$141$2910xas long as short