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

CFX

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.1907%/8h= −208.8% APRpaid last 24h −0.581%
Price spread now: KuCoin against Deribit−0.188%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 5 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 −$57 a day on $10k at the current rate, and KuCoin is 0.188% cheaper against Deribit than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit CFX_USDC-PERPETUAL0.053290.2007pay 0.0251% / 1h35m 40s$141$2910x
ShortKuCoin CFXUSDTM0.053190.0100get 0.0100% / 8h1h 35m$806K$299K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Deribit. 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
−$400.45
Price spread: −0.188% → 0.000%
−$18.77
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$438.22
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 54 min ago. 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 Deribit no order-book sample
Sell KuCoin live order book, 54 min ago5.70 bp51.9 bp −$5290.1 bp −$901doesn't fitdoesn't fit
Deribit: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CFXUSDT+0.0100%8h0.05316−0.244%$4K$41K5xas long as short
Binance CFXUSDT+0.0100%8h0.05318−0.197%$5.3M$10.0M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05324−0.094%$2.4M$1.4M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05319−0.188%$2.6M$5.7M20xas long as short
Gate CFX_USDT+0.0100%8h0.05317−0.225%$1.1M$2.5M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05317−0.225%$3.4M$1.8M125xas long as short
KuCoin CFXUSDTMshort+0.0100%8h0.05319−0.188%$806K$299K75x
Bitget CFXUSDT+0.0100%8h0.05317−0.225%$1.5M$1.4M75xas long as short
BingX CFX-USDT+0.0100%8h0.05320−0.169%$23.0Mas long as short
Variational Omni CFX+0.0100%8h0.05325−0.083%$35K$52Kas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05325−0.075%$504K$1.6M10xas long as short
Extended CFX-USD+0.0104%1h0.05317−0.226%$867$241K10xas long as short
Coinbase International CFX-PERP-INTX+0.0192%1h0.05333+0.075%$36K$126K50xas long as short
Hyperliquid CFX+0.0765%1h0.05330+0.009%$3.2M$388K5xas long as short
Kraken Futures PF_CFXUSD+0.0797%1h0.05324−0.100%$32K$10K20xas long as short
Deribit CFX_USDC-PERPETUALlong+0.2007%1h0.05329long leg$141$2910x