Funding you earn now, next payment 07:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h −0.074%
Price spread now: KuCoin against Coinbase International−0.188%51s7-day average −0.212% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1661.659% of the position
Funding, last 7 days−0.255%−$26 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.188%, 7d avg −0.212%
=The price spread pays, funding is against you. KuCoin is 0.024% dearer against Coinbase International than usual: you sell high and buy low (spread −0.188% now, against its 7-day average of −0.212%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CFX-PERP-INTX | 0.05314 | 0.0272 | pay 0.0034% / 1h | 15m 25s | $36K | $111K | 50x |
| Short | KuCoin CFXUSDTM | 0.05304 | 0.0100 | get 0.0100% / 8h | 15m 25s | $801K | $288K | 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
- −$36.12
- Price spread: −0.188% → −0.212%
- $2.37
- Slippage, 4 orders
- −$143.93
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$199.68
- Costs to cover
- 1.659%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 22 min ago; KuCoin: live order book, 69 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, 22 min ago | 9.43 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 69 min ago | 8.44 bp | 52.7 bp −$53 | 95.3 bp −$953 | 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 | 0.05304 | −0.195% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05303 | −0.205% | $5.3M | $9.5M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05307 | −0.132% | $2.5M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05304 | −0.188% | $2.5M | $5.4M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05303 | −0.207% | $1.1M | $2.3M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05303 | −0.207% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTMshort | +0.0100% | 8h | 0.05304 | −0.188% | $801K | $288K | 75x | |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05300 | −0.263% | $1.5M | $1.3M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05304 | −0.188% | — | $22.6M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05307 | −0.138% | $35K | $51K | — | 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 | 0.05303 | −0.210% | $502K | $1.5M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05301 | −0.249% | $440 | $263K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0272% | 1h | 0.05314 | long leg | $36K | $111K | 50x | |
| Hyperliquid CFX | +0.0532% | 1h | 0.05311 | −0.053% | $3.2M | $394K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1065% | 1h | 0.05316 | +0.034% | $32K | $10K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1824% | 1h | 0.05315 | +0.019% | $140 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL