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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0012%/8h= −1.4% APRpaid last 24h +0.039%
Price spread now: Kraken Futures against edgeX−0.020%7-day average +0.166% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$980.983% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.077%+$8 on $10k
Price spread, last 3 days (all we have)+0.257%+$26 · spread now −0.020%, 7d avg +0.166%
Together, before fees+0.333%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Kraken Futures is 0.186% cheaper against edgeX than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of +0.166%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CRVUSDC0.36860.0100pay 0.0050% / 4h3h 07m$38K$173K20x
ShortKraken Futures PF_CRVUSD0.36850.0088get 0.0011% / 1h7m 14s$3.1M$2.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against edgeX. 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
−$2.6
Price spread: −0.020% → +0.166%
−$18.58
Slippage, 4 orders
−$79.31
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$119.5
Costs to cover
0.983%
Break-even
never at this rate
Slippage from edgeX: live order book, 64 min ago; Kraken Futures: live order book, 2 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 edgeX live order book, 64 min ago21.91 bp26.4 bp −$2665.5 bp −$655doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago5.43 bp23.6 bp −$2453.2 bp −$532doesn'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−0.0087%1h0.3676−0.273%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3677−0.224%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3682−0.100%$38K$6K10xas long as short
Deribit CRV_USDC-PERPETUAL+0.0022%1h0.3680−0.154%$56K$50K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−0.425%$79$384K12xas long as short
Kraken Futures PF_CRVUSDshort+0.0088%1h0.3685−0.020%$3.1M$2.8M50x
Lighter CRV+0.0096%1h0.3681−0.118%$411K$727K10xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3681−0.127%$25K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3682−0.094%$131K$182K10xas long as short
Pacifica CRV+0.0100%1h0.3683−0.084%$375K$211K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3681−0.127%$25.7M$55.8M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3680−0.154%$28.1M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3678−0.208%$8.8M$21.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3682−0.099%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3678−0.208%$15.2M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3682−0.099%$6.6M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3682−0.099%$7.0M$5.6M75xas long as short
BingX CRV-USDT+0.0100%8h0.3680−0.154%$23.6Mas long as short
Variational Omni CRV+0.0100%8h0.3672−0.374%$1.1M$114Kas long as short
edgeX CRVUSDClong+0.0100%4h0.3686long leg$38K$173K20x
GRVT CRV_USDT_Perp+0.0100%8h0.3690+0.118%$521K$407K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3686+0.009%$53K$697K50xas long as short
SunX CRV-USDT+0.0100%8h0.3716+0.823%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3679−0.192%$245K$834K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3681−0.127%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3680−0.154%$1.4M$4.3M75xas long as short
Hyperliquid CRV+0.0313%1h0.3685−0.015%$22.8M$16.5M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3685−0.018%$385K$4.7M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0418% / S −0.0174%1h0.3681−0.130%$219K100xas long as short
Backpack CRV_USDC_PERP+0.0542%1h0.3685−0.010%$99K$295K10xas long as short