Funding you earn now, next payment 02:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.078%
Price spread now: Coinbase International against KuCoin+0.670%51s7-day average +0.201% · you sell dearer than you buy
Net, funding: paid 7d − costs−$911as 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−$9369.362% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)−0.710%−$71 · spread now +0.670%, 7d avg +0.201%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Coinbase International is 0.469% dearer against KuCoin than usual: you sell high and buy low: +$47 more if the spread goes back to its 7-day average of +0.201%. 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 | KuCoin CFXUSDTM | 0.05376 | 0.0100 | pay 0.0100% / 8h | 5h 05m | $883K | $283K | 75x |
| Short | Coinbase International CFX-PERP-INTX | 0.05412 | 0.0248 | get 0.0031% / 1h | 5m 20s | $43K | $125K | 50x |
KuCoin CFXUSDTM
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against KuCoin. 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
- $31.08
- Price spread: +0.670% → +0.201%
- $46.9
- Slippage, 4 orders
- −$914.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$858.17
- Costs to cover
- 9.362%
- Break-even
- 200.3 days
Slippage from KuCoin: live order book, 39 min ago; Coinbase International: live order book, 57 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 KuCoin live order book, 39 min ago | 7.45 bp | 53.8 bp −$54 | 93.0 bp −$930 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 57 min ago | 19.48 bp | 24.5 bp −$24 | doesn't fit | 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 | 0.05368 | −0.149% | $5K | $43K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05372 | −0.067% | $5.4M | $10.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05374 | −0.037% | $2.4M | $1.4M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05368 | −0.149% | $2.5M | $5.7M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05371 | −0.093% | $1.1M | $2.6M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05373 | −0.056% | $3.0M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTMlong | +0.0100% | 8h | 0.05376 | long leg | $883K | $283K | 75x | |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05370 | −0.112% | $1.6M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05371 | −0.093% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05374 | −0.029% | $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 | +0.298% | $511K | $1.6M | 10x | as long as short |
| Extended CFX-USD | +0.0104% | 1h | 0.05371 | −0.093% | $864 | $262K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0248% | 1h | 0.05412 | +0.670% | $43K | $125K | 50x | |
| Hyperliquid CFX | +0.0714% | 1h | 0.05384 | +0.147% | $3.2M | $360K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1432% | 1h | 0.05377 | +0.026% | $32K | $11K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2730% | 1h | 0.05386 | +0.186% | $142 | $29 | 10x | as long as short |
GRVT CFX_USDT_Perp
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL