Funding you earn now, next payment 23:00 UTC−0.1939%/8h= −212.3% APRnext payment −$2.42 per $10,000 · paid last 24h −0.432%
Price spread now: Extended against Kraken Futures−0.212%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
=Both sides work against this trade now: funding costs −$58 a day on $10k at the current rate, and Extended is 0.212% cheaper against Kraken Futures than usual: you would sell low and buy high (−$21 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 | Kraken Futures PF_CFXUSD | 0.05357 | 0.2043 | pay 0.0255% / 1h | 37m 35s | $33K | $23K | 20x |
| Short | Extended CFX-USD | 0.05345 | 0.0104 | get 0.0013% / 1h | 37m 35s | $132 | $253K | 10x |
Kraken Futures PF_CFXUSD
Extended CFX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$407.24
- Price spread: −0.212% → 0.000%
- −$21.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$443.41
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 45 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 45 min ago | 3.27 bp | 28.6 bp −$29 | 292.5 bp −$2,925 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0033% | 8h | 0.05346 | −0.202% | $1.1M | $3.0M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05349 | −0.145% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05347 | −0.192% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05348 | −0.165% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05343 | −0.258% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05346 | −0.202% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05349 | −0.146% | $885K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05344 | −0.240% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05348 | −0.165% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05356 | −0.008% | $38K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
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 | 0.05355 | −0.034% | $512K | $1.9M | 10x | as long as short |
| Extended CFX-USDshort | +0.0104% | 1h | 0.05345 | −0.212% | $132 | $253K | 10x | |
| Coinbase International CFX-PERP-INTX | +0.0392% | 1h | 0.05366 | +0.171% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0740% | 1h | 0.05358 | +0.018% | $3.2M | $405K | 5x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.2043% | 1h | 0.05357 | long leg | $33K | $23K | 20x | |
| Deribit CFX_USDC-PERPETUAL | +0.2181% | 1h | 0.05361 | +0.078% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL