Funding you earn now, next payment 07:00 UTC+0.0460%/8h= +50.4% APRpaid last 24h +0.058%
Price spread now: Kraken Futures against GRVT−0.099%7-day average +0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2322.317% of the position
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.099%, 7d avg +0.112%
=Together, before fees+0.393%+ Points / potential airdropGRVT: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.211% cheaper against GRVT than usual: you would sell low and buy high (spread −0.099% now, against its 7-day average of +0.112%). If the spread goes back, that is −$21 on $10k: about 37 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.137% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.137% in total (about 7.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CRV_USDT_Perp | 0.3576 | 0.0100 | pay 0.0100% / 8h | 1h 32m | $506K | $435K | 10x |
| Short | Kraken Futures PF_CRVUSD | 0.3572 | 0.0560 | get 0.0070% / 1h | 32m 44s | $3.0M | $2.7M | 50x |
GRVT CRV_USDT_Perp
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $96.7
- Price spread: −0.099% → +0.112%
- −$21.14
- Slippage, 4 orders
- −$212.66
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$156.1
- Costs to cover
- 2.317%
- Break-even
- 18.3 days
Slippage from GRVT: live order book, 10 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 GRVT live order book, 10 min ago | 13.95 bp | 73.4 bp −$73 | 498.4 bp −$4,984 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.60 bp | 13.3 bp −$13 | 39.1 bp −$391 | 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 | 0.3567 | −0.238% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3572 | −0.114% | $25K | $187K | 10x | as long as short |
| Backpack CRV_USDC_PERP | −0.0035% | 1h | 0.3570 | −0.170% | $97K | $216K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0030% | 1h | 0.3568 | −0.223% | $54K | $45K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3563 | −0.355% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.629% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0052% | 8h | 0.3560 | −0.450% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3564 | −0.349% | $376K | $714K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3567 | −0.251% | $20.8M | $16.6M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3566 | −0.291% | $114K | $195K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3565 | −0.317% | $362K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3564 | −0.339% | $24.7M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3561 | −0.419% | $26.9M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3563 | −0.363% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3565 | −0.307% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3566 | −0.279% | $12.5M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3567 | −0.251% | $5.9M | $8.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3569 | −0.195% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3565 | −0.307% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3570 | −0.174% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perplong | +0.0100% | 8h | 0.3576 | long leg | $506K | $435K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3571 | −0.139% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3568 | −0.223% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3641 | +1.819% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3565 | −0.317% | $253K | $510K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3568 | −0.213% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3568 | −0.223% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3571 | −0.139% | $349K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3567 | −0.261% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0560% | 1h | 0.3572 | −0.099% | $3.0M | $2.7M | 50x |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
ApeX Omni CRVUSDT
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]