Funding you earn now, next payment 02:00 UTC−0.2077%/8h= −227.4% APRnext payment −$2.60 per $10,000 · paid last 24h −0.171%
Price spread now: Kraken Futures against Deribit−0.150%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$62 a day on $10k at the current rate, and Kraken Futures is 0.150% cheaper against Deribit than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CFX_USDC-PERPETUAL | 0.05381 | 0.3293 | pay 0.0412% / 1h | 49m 31s | $142 | $29 | 10x |
| Short | Kraken Futures PF_CFXUSD | 0.05373 | 0.1217 | get 0.0152% / 1h | 49m 31s | $33K | $23K | 20x |
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- −$436.16
- Price spread: −0.150% → 0.000%
- −$15.05
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$468.2
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Deribit no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Deribit and 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.
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 | 0.05362 | −0.362% | $5K | $46K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05368 | −0.242% | $5.4M | $11.1M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05363 | −0.335% | $2.4M | $1.7M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05362 | −0.353% | $2.6M | $6.1M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05363 | −0.335% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05368 | −0.242% | $3.3M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05360 | −0.390% | $879K | $292K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05363 | −0.335% | $1.6M | $1.5M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05364 | −0.316% | — | $20.3M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05351 | −0.564% | $37K | $41K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
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 | 0.05331 | −0.932% | $505K | $1.8M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05364 | −0.323% | $3K | $265K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0408% | 1h | 0.05363 | −0.335% | $44K | $167K | 50x | as long as short |
| Hyperliquid CFX | +0.1006% | 1h | 0.05379 | −0.033% | $3.2M | $384K | 5x | as long as short |
| Kraken Futures PF_CFXUSDshort | +0.1217% | 1h | 0.05373 | −0.150% | $33K | $23K | 20x | |
| Deribit CFX_USDC-PERPETUALlong | +0.3293% | 1h | 0.05381 | long leg | $142 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX