Funding you earn now, next payment 05:00 UTC+0.1801%/8h= +197.2% APRnext payment +$2.25 per $10,000 · paid last 24h +0.168%
Price spread now: Deribit against Kraken Futures+0.210%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
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Deribit is 0.210% dearer against Kraken Futures than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
| 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 | 23m 08s | $32K | $11K | 20x |
| Short | Deribit CFX_USDC-PERPETUAL | 0.05336 | 0.2381 | get 0.0298% / 1h | 23m 08s | $141 | $29 | 10x |
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $378.17
- Price spread: +0.210% → 0.000%
- $21.02
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $382.19
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; Deribit: 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Kraken Futures and 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 | 0.05326 | +0.015% | $5K | $42K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05324 | −0.023% | $5.3M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05325 | +0.004% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05321 | −0.072% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05322 | −0.053% | $1.1M | $2.5M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05324 | −0.015% | $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 | 0.05323 | −0.034% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05324 | −0.015% | — | $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 | 0.05324 | −0.017% | $2K | $268K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0208% | 1h | 0.05358 | +0.623% | $41K | $122K | 50x | as long as short |
| Kraken Futures PF_CFXUSDlong | +0.0580% | 1h | 0.05325 | long leg | $32K | $11K | 20x | |
| Hyperliquid CFX | +0.0692% | 1h | 0.05334 | +0.171% | $3.2M | $360K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUALshort | +0.2381% | 1h | 0.05336 | +0.210% | $141 | $29 | 10x |
GRVT CFX_USDT_Perp
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX