Settings8H · net · $10k
Funding arb · Price arb /

CRV

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0272%/8h= +29.8% APRpaid last 24h +0.037%
Price spread now: Kraken Futures against Aster−0.028%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.028%, 7d avg +0.058%
Together, before fees+0.289%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.086% cheaper against Aster than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.058%). If the spread goes back, that is −$9 on $10k: about 25 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.093% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.093% in total (about 4.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CRVUSDT0.36470.0100pay 0.0100% / 8h5h 40m$130K$180K10x
ShortKraken Futures PF_CRVUSD0.36460.0372get 0.0047% / 1h40m 51s$3.1M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$57.2
Price spread: −0.028% → +0.058%
−$8.63
Slippage, 4 orders
−$90.25
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$59.68
Costs to cover
1.082%
Break-even
14.3 days
Slippage from Aster: live order book, 20 min ago; Kraken Futures: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 20 min ago27.25 bp35.9 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago6.84 bp17.4 bp −$1750.3 bp −$503doesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0065%1h0.3647−0.005%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3641−0.156%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0025%1h0.3640−0.194%$55K$49K25xas long as short
dYdX CRV-USD0.0000%1h0.3656+0.240%$38K$7K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.629%$79$384K12xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3642−0.139%$24K$90210xas long as short
Lighter CRV+0.0096%1h0.3641−0.166%$383K$705K10xas long as short
Hyperliquid CRV+0.0100%1h0.3647+0.009%$22.1M$15.1M10xas long as short
Aster CRVUSDTlong+0.0100%8h0.3647long leg$130K$180K10x
Pacifica CRV+0.0100%1h0.3644−0.086%$370K$198K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3644−0.079%$25.2M$54.2M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3645−0.057%$27.6M$17.6M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3643−0.112%$8.8M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3646−0.029%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3645−0.057%$14.6M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3646−0.029%$6.3M$8.8M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3645−0.057%$6.8M$5.2M75xas long as short
BingX CRV-USDT+0.0100%8h0.3646−0.029%$23.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3645−0.059%$100K$296K10xas long as short
Variational Omni CRV+0.0100%8h0.3640−0.200%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3651+0.108%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3657+0.284%$516K$429K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3651+0.108%$53K$688K50xas long as short
SunX CRV-USDT+0.0100%8h0.3682+0.958%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3644−0.085%$238K$480K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3642−0.151%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3645−0.057%$1.4M$3.9M75xas long as short
Coinbase International CRV-PERP-INTX+0.0344%1h0.3654+0.190%$382K$4.1M50xas long as short
Kraken Futures PF_CRVUSDshort+0.0372%1h0.3646−0.028%$3.1M$2.6M50x
GMX CRV/USD [ETH-USDC]L +0.0435% / S −0.0189%1h0.3643−0.099%$220K100xas long as short