Funding you earn now, next payment 05:00 UTC−0.0476%/8h= −52.1% APRpaid last 24h −0.414%
Price spread now: KuCoin against Kraken Futures−0.112%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 −$14 a day on $10k at the current rate, and KuCoin is 0.112% cheaper against Kraken Futures 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CFXUSD | 0.05360 | 0.0576 | pay 0.0072% / 1h | 29m 41s | $32K | $11K | 20x |
| Short | KuCoin CFXUSDTM | 0.05354 | 0.0100 | get 0.0100% / 8h | 3h 29m | $808K | $302K | 75x |
Kraken Futures PF_CFXUSD
KuCoin CFXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$99.95
- Price spread: −0.112% → 0.000%
- −$11.17
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$133.13
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; KuCoin: live order book, 5 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 KuCoin live order book, 5 min ago | 7.50 bp | 51.9 bp −$52 | 96.9 bp −$969 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05355 | −0.091% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05352 | −0.142% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05359 | −0.018% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05349 | −0.205% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05354 | −0.112% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05353 | −0.130% | $3.2M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTMshort | +0.0100% | 8h | 0.05354 | −0.112% | $808K | $302K | 75x | |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05355 | −0.093% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05354 | −0.112% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05366 | +0.104% | $38K | $50K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
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 | 0.05339 | −0.383% | $506K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05354 | −0.116% | $2K | $268K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05358 | −0.037% | $41K | $122K | 50x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.0576% | 1h | 0.05360 | long leg | $32K | $11K | 20x | |
| Hyperliquid CFX | +0.0679% | 1h | 0.05363 | +0.062% | $3.2M | $360K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2551% | 1h | 0.05371 | +0.205% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL