Funding you earn now, next payment 06:00 UTC−0.1415%/8h= −155.0% APRnext payment −$1.77 per $10,000 · paid last 24h −0.186%
Price spread now: Kraken Futures against Deribit−0.119%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 −$42 a day on $10k at the current rate, and Kraken Futures is 0.119% cheaper against Deribit than usual: you would sell low and buy high (−$12 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 | Deribit CFX_USDC-PERPETUAL | 0.05270 | 0.2032 | pay 0.0254% / 1h | 27m 17s | $139 | $29 | 10x |
| Short | Kraken Futures PF_CFXUSD | 0.05264 | 0.0617 | get 0.0077% / 1h | 27m 17s | $32K | $11K | 20x |
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Deribit. 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
- −$297.21
- Price spread: −0.119% → 0.000%
- −$11.92
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$326.12
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Deribit and 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 | 0.05260 | −0.197% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05259 | −0.209% | $5.2M | $10.0M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05259 | −0.209% | $2.3M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05256 | −0.266% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05258 | −0.228% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05258 | −0.228% | $3.4M | $1.9M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05258 | −0.228% | $798K | $301K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05258 | −0.228% | $1.5M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05259 | −0.209% | — | $23.0M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05269 | −0.015% | $35K | $52K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
MEXC CFX_USDT
KuCoin CFXUSDTM
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 | 0.05274 | +0.076% | $500K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05258 | −0.220% | $659 | $290K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05316 | +0.873% | $41K | $121K | 50x | as long as short |
| Kraken Futures PF_CFXUSDshort | +0.0617% | 1h | 0.05264 | −0.119% | $32K | $11K | 20x | |
| Hyperliquid CFX | +0.0770% | 1h | 0.05270 | +0.004% | $3.1M | $380K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.2032% | 1h | 0.05270 | long leg | $139 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX