Funding you earn now, next payment 22:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.07 per $10,000 · paid last 24h +0.048%
Price spread now: Kraken Futures against Extended+0.212%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days+0.105%+$10 on $10k
+Price spread, last 3 days (all we have)+0.137%+$14 · spread now +0.212%, 7d avg +0.158%
=Together, before fees+0.242%+ Points / potential airdropExtended: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Kraken Futures is 0.054% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended CRV-USD | 0.3644 | 0.0104 | pay 0.0013% / 1h | 22m 14s | $242K | $885K | 25x |
| Short | Kraken Futures PF_CRVUSD | 0.3651 | 0.0163 | get 0.0020% / 1h | 22m 14s | $3.1M | $3.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $12.36
- Price spread: +0.212% → +0.158%
- $5.39
- Slippage, 4 orders
- −$54.07
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$51.33
- Costs to cover
- 0.691%
- Break-even
- 36.1 days
Slippage from Extended: live order book, 1 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 1 min ago | 5.07 bp | 17.4 bp −$17 | 1046.4 bp −$10.5K | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 1.37 bp | 20.2 bp −$20 | 40.4 bp −$404 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0846% | 1h | 0.3644 | +0.012% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | −0.372% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3644 | +0.022% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3647 | +0.106% | $38K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3653 | +0.245% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3646 | +0.067% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3646 | +0.056% | $413K | $698K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3645 | +0.051% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3650 | +0.178% | $375K | $173K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3643 | −0.012% | $25.5M | $58.3M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3645 | +0.039% | $27.7M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3644 | +0.012% | $8.6M | $22.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3650 | +0.176% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3645 | +0.039% | $14.6M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3650 | +0.176% | $7.1M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3650 | +0.176% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3647 | +0.094% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3659 | +0.434% | $1.1M | $152K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3660 | +0.441% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3662 | +0.518% | $516K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3657 | +0.369% | $60K | $693K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3689 | +1.247% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USDlong | +0.0104% | 1h | 0.3644 | long leg | $242K | $885K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3646 | +0.073% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0163% | 1h | 0.3651 | +0.212% | $3.1M | $3.5M | 50x | |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3644 | +0.012% | $1.4M | $4.8M | 75x | as long as short |
| Hyperliquid CRV | +0.0312% | 1h | 0.3651 | +0.201% | $22.4M | $17.0M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3667 | +0.643% | $391K | $4.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0401% / S −0.0160% | 1h | 0.3647 | +0.107% | $216K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0485% | 1h | 0.3649 | +0.141% | $105K | $362K | 10x | as long as short |
Extended CRV-USD
Kraken Futures PF_CRVUSD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP