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

CFX

all CFX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.2444%/8h= +267.7% APRpaid last 24h +0.582%
Price spread now: Deribit against Binance+0.261%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and Deribit is 0.261% dearer against Binance than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CFXUSDT0.053690.0100pay 0.0100% / 8h3h 53m$5.3M$10.0M75x
ShortDeribit CFX_USDC-PERPETUAL0.053830.2544get 0.0318% / 1h53m 12s$142$2910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$513.31
Price spread: +0.261% → 0.000%
$26.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$522.39
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Binance: live order book, 2 min ago; Deribit: no order-book sample. Net counts fees only.

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, 2 min ago0.93 bp17.7 bp −$1852.1 bp −$521doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%8h0.05363−0.114%$5K$42K5xas long as short
Binance CFXUSDTlong+0.0100%8h0.05369long leg$5.3M$10.0M75x
Bybit CFXUSDT+0.0100%8h0.053690.000%$2.4M$1.3M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05365−0.075%$2.5M$5.6M20xas long as short
Gate CFX_USDT+0.0100%8h0.05362−0.130%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.053690.000%$3.2M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05361−0.149%$809K$302K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05367−0.037%$1.6M$1.4M75xas long as short
BingX CFX-USDT+0.0100%8h0.05367−0.037%$20.1Mas long as short
Variational Omni CFX+0.0100%8h0.05354−0.278%$38K$50Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05358−0.205%$508K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05364−0.097%$4K$266K10xas long as short
Coinbase International CFX-PERP-INTX+0.0208%1h0.05364−0.093%$42K$123K50xas long as short
Kraken Futures PF_CFXUSD+0.0575%1h0.05368−0.015%$32K$11K20xas long as short
Hyperliquid CFX+0.0668%1h0.05374+0.086%$3.2M$361K5xas long as short
Deribit CFX_USDC-PERPETUALshort+0.2544%1h0.05383+0.261%$142$2910x