Funding you earn now, next payment 12:00 UTC−0.0825%/8h= −90.3% APRpaid last 24h −0.348%
Price spread now: OKX against Kraken Futures−0.083%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 −$25 a day on $10k at the current rate, and OKX is 0.083% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 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 | 0.05288 | 0.0925 | pay 0.0116% / 1h | 11m 12s | $32K | $4K | 20x |
| Short | OKX CFX-USDT-SWAP | 0.05284 | 0.0100 | get 0.0100% / 8h | 4h 11m | $2.6M | $4.5M | 20x |
Kraken Futures PF_CFXUSD
OKX CFX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$173.19
- Price spread: −0.083% → 0.000%
- −$8.25
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$201.44
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 0.95 bp | 17.3 bp −$17 | 61.9 bp −$619 | 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 exchanges
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 | 0.05287 | −0.020% | $4K | $25K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05285 | −0.064% | $5.2M | $8.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05287 | −0.026% | $2.4M | $1.2M | 25x | as long as short |
| OKX CFX-USDT-SWAPshort | +0.0100% | 8h | 0.05284 | −0.083% | $2.6M | $4.5M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05284 | −0.083% | $1.1M | $1.7M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05286 | −0.045% | $4.3M | $1.9M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05288 | −0.007% | $816K | $226K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05287 | −0.026% | $1.5M | $986K | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05287 | −0.026% | — | $22.5M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05292 | +0.069% | $40K | $44K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perp | +0.0100% | 8h | 0.05292 | +0.069% | $504K | $1.4M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05283 | −0.100% | $4K | $258K | 10x | as long as short |
| Hyperliquid CFX | +0.0295% | 1h | 0.05296 | +0.154% | $3.1M | $387K | 5x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0464% | 1h | 0.05301 | +0.239% | $36K | $104K | 50x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.0925% | 1h | 0.05288 | long leg | $32K | $4K | 20x | |
| Deribit CFX_USDC-PERPETUAL | +0.1831% | 1h | 0.05296 | +0.144% | $140 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Coinbase International CFX-PERP-INTX
Deribit CFX_USDC-PERPETUAL