Funding you earn now, next payment 04:00 UTC−0.0372%/8h= −40.7% APRnext payment −$0.46 per $10,000 · paid last 24h −0.337%
Price spread now: Coinbase International against Kraken Futures+0.623%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Coinbase International is 0.623% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.623% now, against zero (this spread has no 7-day history yet)): +$62 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 5.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CFXUSD | 0.05325 | 0.0580 | pay 0.0072% / 1h | 22m 42s | $32K | $11K | 20x |
| Short | Coinbase International CFX-PERP-INTX | 0.05358 | 0.0208 | get 0.0026% / 1h | 22m 42s | $41K | $122K | 50x |
Kraken Futures PF_CFXUSD
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$78.07
- Price spread: +0.623% → 0.000%
- $62.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.74
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Coinbase International: live order book, 30 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 Coinbase International live order book, 30 min ago | 10.26 bp | 15.3 bp −$15 | doesn't fit | 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 | 0.05318 | −0.122% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05315 | −0.185% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05317 | −0.147% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05313 | −0.222% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05318 | −0.128% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05315 | −0.184% | $3.5M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05322 | −0.053% | $802K | $302K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05316 | −0.165% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05316 | −0.165% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05336 | +0.201% | $37K | $50K | — | 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 | 0.05335 | +0.191% | $506K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05317 | −0.141% | $2K | $268K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0208% | 1h | 0.05358 | +0.623% | $41K | $122K | 50x | |
| Kraken Futures PF_CFXUSDlong | +0.0580% | 1h | 0.05325 | long leg | $32K | $11K | 20x | |
| Hyperliquid CFX | +0.0690% | 1h | 0.05327 | +0.039% | $3.2M | $360K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2381% | 1h | 0.05336 | +0.210% | $141 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL