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

CFG

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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.2111%/8h= −231.2% APRpaid last 24h −0.574%
Price spread now: Kraken Futures against SunX−0.110%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$63 a day on $10k at the current rate, and Kraken Futures is 0.110% cheaper against SunX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CFG-USDT0.13220.0100pay 0.0050% / 4h2h 35m$1K$1.1M20x
ShortKraken Futures PF_CFGUSD0.1321−0.2011pay 0.0251% / 1h35m 57s$11K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against SunX. 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
−$443.3
Price spread: −0.110% → 0.000%
−$11.04
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$472.34
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago504.52 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CFG on 12 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
Kraken Futures PF_CFGUSDshort−0.2011%1h0.1321−0.110%$11K$5K10x
Aster CFGUSDT+0.0100%4h0.1322+0.008%$9K$40K10xas long as short
Binance CFGUSDT+0.0100%4h0.1322+0.031%$2.7M$7.8M50xas long as short
Bybit CFGUSDT+0.0100%4h0.13220.000%$1.9M$2.0M25xas long as short
Gate CFG_USDT+0.0100%4h0.13220.000%$521K$342K20xas long as short
MEXC CFG_USDT+0.0100%4h0.1323+0.076%$363K$147K20xas long as short
KuCoin CFGUSDTM+0.0100%4h0.13220.000%$338K$150K20xas long as short
Bitget CFGUSDT+0.0100%4h0.1323+0.083%$917K$860K20xas long as short
BingX CFG-USDT+0.0100%4h0.13220.000%$1.7Mas long as short
SunX CFG-USDTlong+0.0100%4h0.1322long leg$1K$1.1M20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended CFG-USD+0.0104%1h0.1323+0.046%$28K$224K5xas long as short
BloFin CFG-USDT+0.0154%4h0.1324+0.151%$182K$34K50xas long as short