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

CFX

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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: Bybit against Gate−0.057%7-day average +0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$770.772% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 7 days+0.057%+$6 · spread now −0.057%, 7d avg +0.055%
Together, before fees+0.143%+$14 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: Bybit is 0.112% cheaper against Gate than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.055%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CFX_USDT0.052760.0100pay 0.0100% / 8h2h 23m$1.1M$2.5M50x
ShortBybit CFXUSDT0.052730.0100get 0.0100% / 8h2h 23m$2.3M$1.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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: −0.057% → +0.055%
−$11.21
Slippage, 4 orders
−$51.18
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$88.39
Costs to cover
0.772%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 4 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 Gate live order book, 4 min ago1.90 bp16.0 bp −$1628.3 bp −$283doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago3.80 bp21.4 bp −$21129.9 bp −$1,299doesn'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%8h0.05275−0.022%$4K$41K5xas long as short
Binance CFXUSDT+0.0100%8h0.05271−0.090%$5.2M$10.0M75xas long as short
Bybit CFXUSDTshort+0.0100%8h0.05273−0.057%$2.3M$1.4M25x
OKX CFX-USDT-SWAP+0.0100%8h0.05269−0.133%$2.5M$5.5M20xas long as short
Gate CFX_USDTlong+0.0100%8h0.05276long leg$1.1M$2.5M50x
MEXC CFX_USDT+0.0100%8h0.05271−0.095%$3.4M$1.9M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05271−0.095%$799K$301K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05270−0.114%$1.5M$1.4M75xas long as short
BingX CFX-USDT+0.0100%8h0.05273−0.057%$23.0Mas long as short
Variational Omni CFX+0.0100%8h0.05261−0.282%$35K$52Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05273−0.057%$500K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05270−0.115%$659$290K10xas long as short
Coinbase International CFX-PERP-INTX+0.0208%1h0.05316+0.758%$41K$121K50xas long as short
Kraken Futures PF_CFXUSD+0.0615%1h0.05277+0.024%$32K$11K20xas long as short
Hyperliquid CFX+0.0765%1h0.05282+0.114%$3.1M$379K5xas long as short
Deribit CFX_USDC-PERPETUAL+0.2027%1h0.05282+0.114%$139$2910xas long as short