CFX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.202%

Price spread now: Kraken Futures against Hyperliquid−0.148%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on Kraken Futures

What this pair did over the last

the charts below follow

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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.148% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.148% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid CFX	0.05320	0.0770	pay 0.0096% / 1h	31m 50s	$3.2M	$388K	5x
Short	Kraken Futures PF_CFXUSD	0.05312	0.0799	get 0.0100% / 1h	31m 50s	$32K	$10K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.148%Rate

Funding earned: $5.93
Price spread: −0.148% → 0.000%: −$14.78
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$27.85
Costs to cover: 0.190%
Break-even: 39.9 days

Slippage unknown: Hyperliquid: live order book, 10 min ago; Kraken Futures: no order-book sample. 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 Hyperliquid live order book, 10 min ago	0.84 bp	24.0 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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	0.05315	−0.100%	$4K	$41K	5x	as long as short
Binance CFXUSDT	+0.0100%	8h	0.05310	−0.194%	$5.2M	$10.0M	75x	as long as short
Bybit CFXUSDT	+0.0100%	8h	0.05316	−0.081%	$2.5M	$1.4M	25x	as long as short
OKX CFX-USDT-SWAP	+0.0100%	8h	0.05310	−0.194%	$2.6M	$5.7M	20x	as long as short
Gate CFX_USDT	+0.0100%	8h	0.05312	−0.156%	$1.1M	$2.5M	50x	as long as short
MEXC CFX_USDT	+0.0100%	8h	0.05310	−0.194%	$3.4M	$1.8M	125x	as long as short
KuCoin CFXUSDTM	+0.0100%	8h	0.05314	−0.118%	$805K	$299K	75x	as long as short
Bitget CFXUSDT	+0.0100%	8h	0.05314	−0.118%	$1.5M	$1.4M	75x	as long as short
BingX CFX-USDT	+0.0100%	8h	0.05312	−0.156%	—	$23.0M	—	as long as short
Variational Omni CFX	+0.0100%	8h	0.05325	+0.080%	$35K	$52K	—	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT CFX_USDT_Perp	+0.0100%	8h	0.05325	+0.088%	$504K	$1.6M	10x	as long as short
Extended CFX-USD	+0.0104%	1h	0.05310	−0.188%	$862	$234K	10x	as long as short
Coinbase International CFX-PERP-INTX	+0.0192%	1h	0.05333	+0.239%	$36K	$126K	50x	as long as short
Hyperliquid CFXlong	+0.0770%	1h	0.05320	long leg	$3.2M	$388K	5x
Kraken Futures PF_CFXUSDshort	+0.0799%	1h	0.05312	−0.148%	$32K	$10K	20x
Deribit CFX_USDC-PERPETUAL	+0.1822%	1h	0.05321	+0.013%	$140	$29	10x	as long as short