Funding you earn now, next payment 04:00 UTC−0.2155%/8h= −236.0% APRnext payment −$2.69 per $10,000 · paid last 24h −0.505%
Price spread now: Coinbase International against Deribit−0.149%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$65 a day on $10k at the current rate, and Coinbase International is 0.149% cheaper against Deribit than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CFX_USDC-PERPETUAL | 0.05372 | 0.2363 | pay 0.0295% / 1h | 50m 41s | $142 | $29 | 10x |
| Short | Coinbase International CFX-PERP-INTX | 0.05364 | 0.0208 | get 0.0026% / 1h | 50m 41s | $42K | $123K | 50x |
Deribit CFX_USDC-PERPETUAL
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- −$452.53
- Price spread: −0.149% → 0.000%
- −$14.89
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$484.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Coinbase International: live order book, 2 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 10.26 bp | 15.3 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05357 | −0.276% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05357 | −0.276% | $5.3M | $10.0M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05357 | −0.279% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05349 | −0.428% | $2.5M | $5.6M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05356 | −0.298% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05355 | −0.316% | $3.2M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05358 | −0.261% | $808K | $302K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05356 | −0.298% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05355 | −0.316% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05361 | −0.204% | $38K | $50K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05365 | −0.126% | $509K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05356 | −0.304% | $4K | $266K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0208% | 1h | 0.05364 | −0.149% | $42K | $123K | 50x | |
| Kraken Futures PF_CFXUSD | +0.0576% | 1h | 0.05359 | −0.247% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFX | +0.0591% | 1h | 0.05366 | −0.110% | $3.2M | $361K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.2363% | 1h | 0.05372 | long leg | $142 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Kraken Futures PF_CFXUSD
Hyperliquid CFX