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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Binance0.000%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$890.888% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.040%−$4 · spread now 0.000%, 7d avg −0.037%
Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 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: Extended is 0.037% dearer against Binance than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CFXUSDT0.053300.0100pay 0.0100% / 8h7h 51m$5.3M$9.4M75x
ShortExtended CFX-USD0.053300.0104get 0.0013% / 1h51m 00s$3K$263K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: 0.000% → −0.037%
$3.68
Slippage, 4 orders
−$73.81
Fee Binance: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$84.29
Costs to cover
0.888%
Break-even
709.4 days
Slippage from Binance: live order book, 3 min ago; Extended: live order book, 46 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, 3 min ago0.94 bp16.9 bp −$1747.1 bp −$471doesn't fitdoesn't fit
Sell Extended live order book, 46 min ago3.30 bp25.6 bp −$26215.3 bp −$2,153doesn'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%8h0.05329−0.022%$4K$33K5xas long as short
Binance CFXUSDTlong+0.0100%8h0.05330long leg$5.3M$9.4M75x
Bybit CFXUSDT+0.0100%8h0.05334+0.073%$2.5M$1.4M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05331+0.016%$2.6M$5.4M20xas long as short
Gate CFX_USDT+0.0100%8h0.05329−0.021%$1.1M$2.0M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05330−0.002%$3.5M$1.8M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05326−0.077%$805K$288K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05329−0.021%$1.5M$1.3M75xas long as short
BingX CFX-USDT+0.0100%8h0.05331+0.016%$22.6Mas long as short
Variational Omni CFX+0.0100%8h0.05317−0.244%$35K$51Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05322−0.152%$504K$1.5M10xas long as short
Extended CFX-USDshort+0.0104%1h0.053300.000%$3K$263K10x
Hyperliquid CFX+0.0184%1h0.05339+0.168%$3.2M$392K5xas long as short
Coinbase International CFX-PERP-INTX+0.0304%1h0.05339+0.167%$35K$111K50xas long as short
Kraken Futures PF_CFXUSD+0.1748%1h0.05332+0.031%$32K$10K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.2001%1h0.05344+0.260%$141$2910xas long as short