Funding you earn now, next payment 22:00 UTC−0.1599%/8h= −175.1% APRpaid last 24h −0.419%
Price spread now: MEXC against Kraken Futures−0.219%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 −$48 a day on $10k at the current rate, and MEXC is 0.219% cheaper against Kraken Futures than usual: you would sell low and buy high (−$22 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 | 0.05344 | 0.1699 | pay 0.0212% / 1h | 1m 36s | $33K | $23K | 20x |
| Short | MEXC CFX_USDT | 0.05332 | 0.0100 | get 0.0100% / 8h | 2h 01m | $3.4M | $1.8M | 125x |
Kraken Futures PF_CFXUSD
MEXC CFX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$335.88
- Price spread: −0.219% → 0.000%
- −$21.86
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$371.74
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 0.94 bp | 6.0 bp −$6 | 7.9 bp −$79 | 48.8 bp −$4,882 | 91.2 bp −$45.6K |
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 | +0.0008% | 8h | 0.05331 | −0.237% | $1.1M | $3.1M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05332 | −0.217% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05332 | −0.221% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05334 | −0.181% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05327 | −0.312% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDTshort | +0.0100% | 8h | 0.05332 | −0.219% | $3.4M | $1.8M | 125x | |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05333 | −0.200% | $883K | $298K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05330 | −0.256% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05331 | −0.237% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05334 | −0.176% | $37K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
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 | 0.05335 | −0.163% | $506K | $2.0M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05332 | −0.218% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05366 | +0.418% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0663% | 1h | 0.05344 | +0.008% | $3.2M | $408K | 5x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.1699% | 1h | 0.05344 | long leg | $33K | $23K | 20x | |
| Deribit CFX_USDC-PERPETUAL | +0.2000% | 1h | 0.05346 | +0.043% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL