Funding you earn now, next payment 03:00 UTC−0.2626%/8h= −287.5% APRpaid last 24h −0.578%
Price spread now: KuCoin against Deribit−0.260%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 −$79 a day on $10k at the current rate, and KuCoin is 0.260% cheaper against Deribit than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 | Deribit CFX_USDC-PERPETUAL | 0.05393 | 0.2726 | pay 0.0341% / 1h | 6m 27s | $142 | $29 | 10x |
| Short | KuCoin CFXUSDTM | 0.05379 | 0.0100 | get 0.0100% / 8h | 5h 06m | $884K | $283K | 75x |
Deribit CFX_USDC-PERPETUAL
KuCoin CFXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$551.38
- Price spread: −0.260% → 0.000%
- −$25.96
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$596.34
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; KuCoin: live order book, 38 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 Deribit no order-book sample | — | — | — | — | — |
| Sell KuCoin live order book, 38 min ago | 7.45 bp | 51.7 bp −$52 | 90.8 bp −$908 | doesn't fit | doesn't fit |
Deribit: 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 | 0.05373 | −0.375% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05372 | −0.389% | $5.4M | $10.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05374 | −0.352% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05371 | −0.408% | $2.5M | $5.7M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05373 | −0.371% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05369 | −0.445% | $3.0M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTMshort | +0.0100% | 8h | 0.05379 | −0.260% | $884K | $283K | 75x | |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05375 | −0.334% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05376 | −0.315% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05404 | +0.212% | $42K | $45K | — | 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 | 0.05392 | −0.018% | $511K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05371 | −0.400% | $864 | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0248% | 1h | 0.05412 | +0.352% | $43K | $125K | 50x | as long as short |
| Hyperliquid CFX | +0.0710% | 1h | 0.05383 | −0.193% | $3.2M | $360K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1432% | 1h | 0.05377 | −0.299% | $32K | $11K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.2726% | 1h | 0.05393 | long leg | $142 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD