Funding you earn now, next payment 21:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h +0.075%
Price spread now: Coinbase International against Gate+0.375%7-day average +0.249% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$730.733% of the position
Funding, last 7 days+0.331%+$33 on $10k
+Price spread, last 3 days (all we have)−0.314%−$31 · spread now +0.375%, 7d avg +0.249%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.126% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.249%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CFX_USDT | 0.05339 | −0.0017 | get 0.0017% / 8h | 2h 28m | $1.1M | $3.1M | 50x |
| Short | Coinbase International CFX-PERP-INTX | 0.05359 | 0.0384 | get 0.0048% / 1h | 28m 36s | $35K | $197K | 50x |
Gate CFX_USDT
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $84.21
- Price spread: +0.375% → +0.249%
- $12.59
- Slippage, 4 orders
- −$48.33
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $23.46
- Costs to cover
- 0.733%
- Break-even
- 5.0 days
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 59 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 Gate live order book, 4 min ago | 2.81 bp | 10.8 bp −$11 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 59 min ago | 7.43 bp | 34.4 bp −$34 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDTlong | −0.0017% | 8h | 0.05339 | long leg | $1.1M | $3.1M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05337 | −0.037% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05337 | −0.037% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05340 | +0.019% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05336 | −0.056% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05339 | 0.000% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05339 | 0.000% | $884K | $299K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05338 | −0.019% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05341 | +0.037% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05341 | +0.042% | $37K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
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 | 0.05337 | −0.028% | $506K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05336 | −0.048% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0384% | 1h | 0.05359 | +0.375% | $35K | $197K | 50x | |
| Hyperliquid CFX | +0.0794% | 1h | 0.05348 | +0.161% | $3.2M | $374K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1623% | 1h | 0.05349 | +0.187% | $141 | $29 | 10x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1699% | 1h | 0.05347 | +0.142% | $33K | $23K | 20x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSD