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

CFX

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Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0544%/8h= −59.6% APRpaid last 24h −0.379%
Price spread now: BingX against Kraken Futures−0.066%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 −$16 a day on $10k at the current rate, and BingX is 0.066% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CFXUSD0.053240.0644pay 0.0080% / 1h21m 21s$32K$9K20x
ShortBingX CFX-USDT0.053200.0100get 0.0100% / 8h6h 21m$22.6M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Kraken Futures. 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
−$114.23
Price spread: −0.066% → 0.000%
−$6.59
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee BingX: 5 bp × 2 orders
−$10
Net
−$140.82
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 10 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 Kraken Futures no order-book sample
Sell BingX live order book, 10 min ago2.83 bp10.7 bp −$1117.3 bp −$17342.7 bp −$4,268324.4 bp −$162.2K
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 exchanges

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%8h0.05322−0.029%$4K$33K5xas long as short
Binance CFXUSDT+0.0100%8h0.05321−0.055%$5.2M$8.8M75xas long as short
Bybit CFXUSDT+0.0100%8h0.05323−0.009%$2.5M$1.3M25xas long as short
OKX CFX-USDT-SWAP+0.0100%8h0.05318−0.103%$2.5M$4.8M20xas long as short
Gate CFX_USDT+0.0100%8h0.05320−0.066%$1.1M$1.9M50xas long as short
MEXC CFX_USDT+0.0100%8h0.05320−0.066%$3.9M$1.9M125xas long as short
KuCoin CFXUSDTM+0.0100%8h0.05319−0.085%$834K$234K75xas long as short
Bitget CFXUSDT+0.0100%8h0.05317−0.122%$1.6M$1.1M75xas long as short
BingX CFX-USDTshort+0.0100%8h0.05320−0.066%$22.6M
Variational Omni CFX+0.0100%8h0.05317−0.124%$35K$48Kas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CFX_USDT_Perp+0.0100%8h0.05318−0.111%$503K$1.4M10xas long as short
Extended CFX-USD+0.0104%1h0.05319−0.085%$4K$262K10xas long as short
Coinbase International CFX-PERP-INTX+0.0320%1h0.05329+0.103%$36K$109K50xas long as short
Hyperliquid CFX+0.0341%1h0.05333+0.176%$3.2M$394K5xas long as short
Kraken Futures PF_CFXUSDlong+0.0644%1h0.05324long leg$32K$9K20x
Deribit CFX_USDC-PERPETUAL+0.2006%1h0.05332+0.160%$141$2910xas long as short