Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRpaid last 24h +0.074%
Price spread now: Coinbase International against MEXC+0.641%7-day average +0.209% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days+0.300%+$30 on $10k
+Price spread, last 4 days (all we have)−0.681%−$68 · spread now +0.641%, 7d avg +0.209%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.432% dearer against MEXC than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.209%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CFX_USDT | 0.05306 | 0.0100 | pay 0.0100% / 8h | 7h 35m | $3.8M | $1.8M | 125x |
| Short | Coinbase International CFX-PERP-INTX | 0.05340 | 0.0304 | get 0.0038% / 1h | 35m 49s | $35K | $111K | 50x |
MEXC CFX_USDT
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against MEXC. 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: +0.641% → +0.209%
- $43.22
- Slippage, 4 orders
- −$71.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $0.39
- Costs to cover
- 0.857%
- Break-even
- 6.9 days
Slippage from MEXC: live order book, 1 min ago; Coinbase International: live order book, 62 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 MEXC live order book, 1 min ago | 2.83 bp | 7.9 bp −$8 | 11.5 bp −$115 | 55.9 bp −$5,589 | 109.2 bp −$54.6K |
| Sell Coinbase International live order book, 62 min ago | 9.43 bp | 19.6 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05309 | +0.057% | $4K | $33K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05306 | +0.002% | $5.3M | $9.4M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05311 | +0.094% | $2.5M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05308 | +0.038% | $2.5M | $5.3M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05306 | 0.000% | $1.1M | $2.0M | 50x | as long as short |
| MEXC CFX_USDTlong | +0.0100% | 8h | 0.05306 | long leg | $3.8M | $1.8M | 125x | |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05306 | 0.000% | $801K | $288K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05307 | +0.019% | $1.5M | $1.3M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05310 | +0.075% | — | $22.6M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05310 | +0.068% | $35K | $51K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate 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 | 0.05310 | +0.074% | $503K | $1.4M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05305 | −0.027% | $3K | $263K | 10x | as long as short |
| Hyperliquid CFX | +0.0234% | 1h | 0.05316 | +0.188% | $3.2M | $394K | 5x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0304% | 1h | 0.05340 | +0.641% | $35K | $111K | 50x | |
| Kraken Futures PF_CFXUSD | +0.1755% | 1h | 0.05309 | +0.053% | $32K | $10K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1822% | 1h | 0.05320 | +0.264% | $140 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL