Funding you earn now, next payment 11:00 UTC−0.1095%/8h= −119.9% APRpaid last 24h −1.350%
Price spread now: KuCoin against Kraken Futures−0.085%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$927as in the Funding arb table
Net, price: spread back to 7d avg − costs−$853as in the Price arb table
costs, in and out, $10k−$8518.507% of the position
Funding, last 7 days−0.767%−$77 on $10k
+Price spread, last 4 days (all we have)−0.186%−$19 · spread now −0.085%, 7d avg −0.057%
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and KuCoin is 0.028% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CVXUSD | 2.0277 | 0.1195 | pay 0.0149% / 1h | 26m 48s | $118K | $98K | 10x |
| Short | KuCoin CVXUSDTM | 2.0260 | 0.0100 | get 0.0050% / 4h | 1h 26m | $765K | $70K | 20x |
Kraken Futures PF_CVXUSD
KuCoin CVXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$229.94
- Price spread: −0.085% → −0.057%
- −$2.78
- Slippage, 4 orders
- −$828.66
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,083.38
- Costs to cover
- 8.507%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 18 min ago; KuCoin: live order book, 10 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 Kraken Futures live order book, 18 min ago | 22.88 bp | 615.9 bp −$616 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 4.92 bp | 96.3 bp −$96 | 1954.0 bp −$19.5K | doesn't fit | doesn't fit |
CVX on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CVX_USDT | −0.0006% | 8h | 2.0260 | −0.085% | $68K | $21K | 25x | as long as short |
| Injective CVX/USDC PERP | +0.0033% | 1h | 1.9790 | −2.403% | — | $33K | 5.5x | as long as short |
| Binance CVXUSDT | +0.0100% | 4h | 2.0280 | +0.014% | $1.7M | $2.3M | 75x | as long as short |
| Bybit CVXUSDT | +0.0100% | 4h | 2.0289 | +0.058% | $1.8M | $613K | 75x | as long as short |
| OKX CVX-USDT-SWAP | +0.0100% | 4h | 2.0270 | −0.035% | $243K | $267K | 10x | as long as short |
| MEXC CVX_USDT | +0.0100% | 4h | 2.0270 | −0.035% | $2.2M | $457K | 20x | as long as short |
| KuCoin CVXUSDTMshort | +0.0100% | 4h | 2.0260 | −0.085% | $765K | $70K | 20x | |
| Bitget CVXUSDT | +0.0100% | 4h | 2.0260 | −0.085% | $617K | $123K | 25x | as long as short |
| BingX CVX-USDT | +0.0100% | 4h | 2.0270 | −0.035% | — | $1.6M | — | as long as short |
| Variational Omni CVX | +0.0172% | 4h | 2.0222 | −0.271% | $5K | $2K | — | as long as short |
Gate CVX_USDT
Injective CVX/USDC PERP
Binance CVXUSDT
Bybit CVXUSDT
OKX CVX-USDT-SWAP
MEXC CVX_USDT
Bitget CVXUSDT
BingX CVX-USDT
Variational Omni CVXShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin CVX-USDT | +0.0340% | 4h | 2.0270 | −0.035% | $81K | $149K | 75x | as long as short |
| GMX CVX/USD [ETH-USDC] | L +0.0484% / S −0.0194% | 1h | 2.0240 | −0.185% | $167K | — | 100x | as long as short |
| Kraken Futures PF_CVXUSDlong | +0.1195% | 1h | 2.0277 | long leg | $118K | $98K | 10x |
BloFin CVX-USDT
GMX CVX/USD [ETH-USDC]