Funding you earn now, next payment 09:00 UTC+0.0566%/8h= +61.9% APRnext payment +$0.71 per $10,000 · paid last 24h +0.070%
Price spread now: Kraken Futures against ApeX Omni+0.273%45s7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as 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−$620.625% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.276%−$28 · spread now +0.273%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Kraken Futures is 0.205% dearer against ApeX Omni than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.068%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRVUSDT | 0.3580 | 0.0100 | pay 0.0013% / 1h | 47m 29s | $52K | $666K | 50x |
| Short | Kraken Futures PF_CRVUSD | 0.3590 | 0.0666 | get 0.0083% / 1h | 47m 29s | $3.0M | $2.8M | 50x |
ApeX Omni CRVUSDT
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX Omni. 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
- $118.79
- Price spread: +0.273% → +0.068%
- $20.46
- Slippage, 4 orders
- −$42.47
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $76.79
- Costs to cover
- 0.625%
- Break-even
- 2.5 days
Slippage from ApeX Omni: live order book, 51 min ago; Kraken Futures: live order book, 1 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 ApeX Omni live order book, 51 min ago | 7.03 bp | 17.0 bp −$17 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.57 bp | 20.9 bp −$21 | 40.3 bp −$403 | doesn't fit | doesn't fit |
CRV on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3586 | +0.180% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3581 | +0.028% | $26K | $190K | 10x | as long as short |
| Variational Omni CRV | −0.0002% | 8h | 0.3576 | −0.114% | $1.1M | $94K | — | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3584 | +0.114% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0029% | 1h | 0.3587 | +0.196% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.514% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3587 | +0.198% | $377K | $680K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3592 | +0.321% | $21.0M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3586 | +0.168% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3586 | +0.157% | $362K | $200K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
Variational Omni CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3588 | +0.215% | $24.7M | $57.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3584 | +0.112% | $27.0M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3587 | +0.196% | $8.7M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3585 | +0.140% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3587 | +0.196% | $12.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3588 | +0.223% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3587 | +0.196% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3586 | +0.168% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3589 | +0.251% | $94K | $256K | 10x | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3582 | +0.042% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3588 | +0.219% | $511K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDTlong | +0.0100% | 1h | 0.3580 | long leg | $52K | $666K | 50x | |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3587 | +0.196% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3663 | +2.318% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3586 | +0.177% | $251K | $512K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3586 | +0.180% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3584 | +0.112% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3593 | +0.363% | $361K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3587 | +0.192% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0666% | 1h | 0.3590 | +0.273% | $3.0M | $2.8M | 50x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
edgeX CRVUSDC
GRVT CRV_USDT_Perp
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]