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

CFX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.064%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1311.315% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.042%−$4 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.064%, 7d avg +0.001%
Together, before fees−0.105%−$11 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: Binance is 0.062% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CFXUSDTM0.052820.0100pay 0.0100% / 8h7h 27m$797K$290K75x
ShortBinance CFXUSDT0.052850.0100get 0.0100% / 8h7h 27m$5.2M$9.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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: +0.064% → +0.001%
$6.24
Slippage, 4 orders
−$109.45
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$125.21
Costs to cover
1.315%
Break-even
never at this rate
Slippage from KuCoin: live order book, 47 min ago; Binance: live order book, 12 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 KuCoin live order book, 47 min ago9.42 bp47.3 bp −$4797.3 bp −$973doesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.94 bp14.2 bp −$1447.4 bp −$474455.2 bp −$45.5Kdoesn'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%8h0.05289+0.131%$4K$33K5xas long as short
Binance CFXUSDTshort+0.0100%8h0.05285+0.064%$5.2M$9.4M75x
Bybit CFXUSDT+0.0100%8h0.05289+0.133%$2.5M$1.4M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05286+0.076%$2.5M$5.3M20xas long as short
Gate CFX_USDT+0.0100%8h0.05284+0.038%$1.1M$2.0M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05286+0.076%$3.8M$1.8M125xas long as short
KuCoin CFXUSDTMlong+0.0100%8h0.05282long leg$797K$290K75x
Bitget CFXUSDT+0.0100%8h0.05286+0.076%$1.5M$1.3M75xas long as short
BingX CFX-USDT+0.0100%8h0.05284+0.038%$22.6Mas long as short
Variational Omni CFX+0.0100%8h0.05283+0.021%$35K$51Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05281−0.026%$500K$1.4M10xas long as short
Extended CFX-USD+0.0104%1h0.05284+0.035%$1K$267K10xas long as short
Hyperliquid CFX+0.0238%1h0.05290+0.146%$3.1M$401K5xas long as short
Coinbase International CFX-PERP-INTX+0.0304%1h0.05284+0.038%$35K$110K50xas long as short
Kraken Futures PF_CFXUSD+0.1763%1h0.05286+0.085%$32K$10K20xas long as short
Deribit CFX_USDC-PERPETUAL+0.1832%1h0.05294+0.227%$140$2910xas long as short