Funding you earn now, next payment 01:00 UTC−0.0751%/8h= −82.2% APRpaid last 24h −0.433%
Price spread now: OKX against Kraken Futures−0.160%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 −$23 a day on $10k at the current rate, and OKX is 0.160% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 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 | 0.05392 | 0.0851 | pay 0.0106% / 1h | 2m 18s | $33K | $23K | 20x |
| Short | OKX CFX-USDT-SWAP | 0.05383 | 0.0100 | get 0.0100% / 8h | 7h 02m | $2.5M | $6.0M | 20x |
Funding 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
- −$157.65
- Price spread: −0.160% → 0.000%
- −$16.01
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$193.67
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; OKX: live order book, 6 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, 6 min ago | 1.85 bp | 17.9 bp −$18 | 39.2 bp −$392 | 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 | 0.05392 | +0.006% | $5K | $46K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05388 | −0.067% | $5.5M | $10.8M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05390 | −0.030% | $2.4M | $1.6M | 25x | as long as short |
| OKX CFX-USDT-SWAPshort | +0.0100% | 8h | 0.05383 | −0.160% | $2.5M | $6.0M | 20x | |
| Gate CFX_USDT | +0.0100% | 8h | 0.05386 | −0.104% | $1.1M | $2.9M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05390 | −0.030% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05391 | −0.012% | $879K | $290K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05386 | −0.104% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05386 | −0.104% | — | $20.3M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05402 | +0.192% | $38K | $41K | — | 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 | 0.05408 | +0.295% | $513K | $1.8M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05385 | −0.127% | $3K | $270K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0384% | 1h | 0.05382 | −0.179% | $35K | $124K | 50x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.0851% | 1h | 0.05392 | long leg | $33K | $23K | 20x | |
| Hyperliquid CFX | +0.0964% | 1h | 0.05400 | +0.163% | $3.2M | $382K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.4392% | 1h | 0.05411 | +0.359% | $143 | $29 | 10x | as long as short |
Kraken Futures PF_CFXUSD
OKX CFX-USDT-SWAP
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFX
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL