After costs, if the gap returns to its 7d average, $10k−$45
spread now+0.306%7d average+0.204%fees + slippage, in and out−$55spread needed0.552%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CFX_USDT | 0.05360 | 0.0100 | pay 0.0100% / 8h | 16m 57s | $3.0M | $2.2M | 125x |
| Short | Hyperliquid CFX | 0.05376 | 0.0786 | get 0.0098% / 1h | 16m 57s | $3.3M | $583K | 5x |
MEXC CFX_USDT
Hyperliquid CFXPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $30.6
- Funding while held
- $20.57
- Slippage, 4 orders
- −$42.25
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$4.08
- Spread needed to break even
- 0.552%
Slippage from MEXC: live order book, 2 min ago; Hyperliquid: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0686%
- Per $10,000 a day
- +$20.57
- Average in range /8h
- —
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, 2 min ago | 1.87 bp | 6.9 bp −$7 | 10.7 bp −$107 | 53.1 bp −$5,308 | 106.0 bp −$53.0K |
| Sell Hyperliquid live order book, 6 min ago | 3.16 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
CFX price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.05353cheapestBitget0.05356+0.055%Gate0.05359+0.111%Extended0.05360+0.130%OKX0.05360+0.130%
Variational Omni
Bitget
Gate
Extended
OKXMEXC0.05360+0.130%
KuCoin0.05360+0.130%Deribit0.05360+0.130%Binance0.05361+0.147%Aster0.05362+0.159%Bybit0.05362+0.167%BingX0.05362+0.167%Kraken Futures0.05365+0.226%Coinbase International0.05370+0.317%
KuCoin
Deribit
Binance
Aster
Bybit
BingX
Kraken Futures
Coinbase InternationalHyperliquid0.05376+0.436%
CFX on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni CFX | −0.130% | +0.0100% | 8h | $17K | $22K | — | as long as short |
| Bitget CFXUSDT | −0.075% | +0.0100% | 8h | $1.6M | $1.7M | 75x | as long as short |
| Gate CFX_USDT | −0.019% | +0.0100% | 8h | $1.1M | $3.7M | 50x | as long as short |
| Extended CFX-USD | 0.000% | +0.0104% | 1h | $438 | $253K | 10x | as long as short |
| OKX CFX-USDT-SWAP | 0.000% | +0.0100% | 8h | $2.5M | $7.2M | 20x | as long as short |
| MEXC CFX_USDTlong | 0.000% | +0.0100% | 8h | $3.0M | $2.2M | 125x | |
| KuCoin CFXUSDTM | 0.000% | +0.0100% | 8h | $873K | $333K | 75x | as long as short |
| Deribit CFX_USDC-PERPETUAL | 0.000% | 0.0000% | 1h | $142 | $29 | 10x | as long as short |
| Binance CFXUSDT | +0.017% | +0.0100% | 8h | $5.4M | $12.5M | 75x | as long as short |
| Aster CFXUSDT | +0.029% | +0.0100% | 8h | $12K | $40K | 5x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CFXUSDT | +0.037% | +0.0100% | 8h | $2.4M | $2.5M | 25x | as long as short |
| BingX CFX-USDT | +0.037% | +0.0100% | 8h | — | $18.7M | — | as long as short |
| Kraken Futures PF_CFXUSD | +0.096% | +0.1834% | 1h | $32K | $33K | 20x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.187% | +0.0384% | 1h | $41K | $433K | 50x | as long as short |
| Hyperliquid CFXshort | +0.306% | +0.0786% | 1h | $3.3M | $583K | 5x |