Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.074%
Price spread now: Gate against Coinbase International−0.207%7-day average −0.254% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days−0.342%−$34 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.207%, 7d avg −0.254%
=The price spread pays, funding is against you. Gate is 0.047% dearer against Coinbase International than usual: you sell high and buy low (spread −0.207% now, against its 7-day average of −0.254%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 18 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05320 | 0.0304 | pay 0.0038% / 1h | 58m 46s | $35K | $111K | 50x |
| Short | Gate CFX_USDT | 0.05309 | 0.0100 | get 0.0100% / 8h | 7h 58m | $1.1M | $2.0M | 50x |
Coinbase International CFX-PERP-INTX
Gate CFX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Coinbase International. 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
- −$42.84
- Price spread: −0.207% → −0.254%
- $4.71
- Slippage, 4 orders
- −$72
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$135.13
- Costs to cover
- 0.970%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 39 min ago; Gate: live order book, 4 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 Coinbase International live order book, 39 min ago | 9.43 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 2.82 bp | 16.4 bp −$16 | 30.5 bp −$305 | doesn't fit | doesn't fit |
CFX on 16 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid CFX | +0.0100% | 1h | 0.05321 | +0.028% | $3.2M | $395K | 5x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05311 | −0.176% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05311 | −0.169% | $5.3M | $9.4M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05313 | −0.132% | $2.5M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05314 | −0.113% | $2.6M | $5.4M | 20x | as long as short |
| Gate CFX_USDTshort | +0.0100% | 8h | 0.05309 | −0.207% | $1.1M | $2.0M | 50x | |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05316 | −0.075% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05307 | −0.244% | $801K | $288K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05312 | −0.150% | $1.5M | $1.3M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05312 | −0.150% | — | $22.6M | — | as long as short |
Hyperliquid CFX
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CFX | +0.0100% | 8h | 0.05316 | −0.070% | $35K | $51K | — | as long as short |
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05315 | −0.093% | $503K | $1.5M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05309 | −0.198% | $443 | $259K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0304% | 1h | 0.05320 | long leg | $35K | $111K | 50x | |
| Kraken Futures PF_CFXUSD | +0.1751% | 1h | 0.05321 | +0.012% | $32K | $10K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3706% | 1h | 0.05330 | +0.188% | $141 | $29 | 10x | as long as short |
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL