Funding you earn now, next payment 23:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h +0.047%
Price spread now: Kraken Futures against Gate+0.174%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days+0.145%+$14 on $10k
+Price spread, last 3 days (all we have)+0.033%+$3 · spread now +0.174%, 7d avg +0.078%
=The price spread pays, funding is against you. Kraken Futures is 0.096% dearer against Gate than usual: you sell high and buy low (spread +0.174% now, against its 7-day average of +0.078%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRV_USDT | 0.3680 | 0.0100 | pay 0.0100% / 8h | 1h 34m | $2.0M | $1.3M | 50x |
| Short | Kraken Futures PF_CRVUSD | 0.3686 | 0.0027 | get 0.0003% / 1h | 34m 36s | $3.1M | $3.1M | 50x |
Gate CRV_USDT
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$15.34
- Price spread: +0.174% → +0.078%
- $9.6
- Slippage, 4 orders
- −$67.99
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$98.73
- Costs to cover
- 0.930%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 4 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 Gate live order book, 3 min ago | 2.72 bp | 33.5 bp −$34 | 139.3 bp −$1,393 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 4.07 bp | 16.6 bp −$17 | 38.1 bp −$381 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3670 | −0.272% | $67K | $351K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | +0.160% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3682 | +0.057% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3682 | +0.054% | $57K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3680 | −0.001% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0027% | 1h | 0.3686 | +0.174% | $3.1M | $3.1M | 50x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3683 | +0.082% | $25K | $930 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3678 | −0.054% | $415K | $703K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3679 | −0.034% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3679 | −0.014% | $380K | $189K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter 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 | 0.3677 | −0.075% | $25.8M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3677 | −0.082% | $27.9M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3677 | −0.082% | $8.8M | $22.2M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3680 | long leg | $2.0M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3676 | −0.109% | $14.8M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3681 | +0.027% | $7.2M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3678 | −0.054% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3678 | −0.054% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3676 | −0.107% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3680 | +0.006% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3680 | 0.000% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3687 | +0.190% | $61K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3713 | +0.897% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3676 | −0.112% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3683 | +0.068% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3680 | 0.000% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3682 | +0.054% | $387K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3684 | +0.111% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0406% | 1h | 0.3685 | +0.144% | $108K | $362K | 10x | as long as short |
| Hyperliquid CRV | +0.0428% | 1h | 0.3684 | +0.103% | $22.9M | $16.6M | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Hyperliquid CRV