Funding you earn now, next payment 02:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.078%
Price spread now: KuCoin against Coinbase International−0.148%7-day average −0.201% · you buy dearer than you sell
Net, funding: paid 7d − costs−$961as in the Funding arb table
Net, price: spread back to 7d avg − costs−$931as in the Price arb table
costs, in and out, $10k−$9369.362% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)+0.189%+$19 · spread now −0.148%, 7d avg −0.201%
=The price spread pays, funding is against you. KuCoin is 0.053% dearer against Coinbase International than usual: you sell high and buy low (spread −0.148% now, against its 7-day average of −0.201%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 28 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05403 | 0.0248 | pay 0.0031% / 1h | 29m 10s | $44K | $124K | 50x |
| Short | KuCoin CFXUSDTM | 0.05395 | 0.0100 | get 0.0100% / 8h | 5h 29m | $886K | $283K | 75x |
Coinbase International CFX-PERP-INTX
KuCoin CFXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Coinbase International. 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
- −$31.08
- Price spread: −0.148% → −0.201%
- $5.26
- Slippage, 4 orders
- −$914.15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$961.98
- Costs to cover
- 9.362%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 34 min ago; KuCoin: live order book, 15 min ago.
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 Coinbase International live order book, 34 min ago | 19.48 bp | 806.2 bp −$806 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 15 min ago | 7.45 bp | 51.7 bp −$52 | 90.8 bp −$908 | doesn't fit | doesn't fit |
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 | 0.05395 | −0.143% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05389 | −0.250% | $5.4M | $10.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05389 | −0.259% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05386 | −0.315% | $2.5M | $5.7M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05394 | −0.167% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05388 | −0.278% | $3.1M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTMshort | +0.0100% | 8h | 0.05395 | −0.148% | $886K | $283K | 75x | |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05392 | −0.204% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05396 | −0.130% | — | $20.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05400 | −0.058% | $42K | $45K | — | 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 | 0.05401 | −0.039% | $512K | $1.7M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05391 | −0.220% | $4K | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0248% | 1h | 0.05403 | long leg | $44K | $124K | 50x | |
| Hyperliquid CFX | +0.0912% | 1h | 0.05404 | +0.022% | $3.2M | $365K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1428% | 1h | 0.05392 | −0.213% | $32K | $15K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.3090% | 1h | 0.05407 | +0.074% | $143 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL