Funding you earn now, next payment 01:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.11 per $10,000 · paid last 24h −0.039%
Price spread now: ApeX Omni against Kraken Futures−0.237%45s7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$700.704% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 3 days (all we have)+0.053%+$5 · spread now −0.237%, 7d avg −0.074%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and ApeX Omni is 0.163% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.074%). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3653 | 0.0088 | pay 0.0011% / 1h | 35m 36s | $3.1M | $2.8M | 50x |
| Short | ApeX Omni CRVUSDT | 0.3644 | −0.0003 | pay 0.0000% / 1h | 35m 36s | $52K | $699K | 50x |
Kraken Futures PF_CRVUSD
ApeX Omni CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Kraken Futures. 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
- −$19.11
- Price spread: −0.237% → −0.074%
- −$16.29
- Slippage, 4 orders
- −$50.35
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$105.76
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 3 min ago; ApeX Omni: live order book, 38 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 Kraken Futures live order book, 3 min ago | 6.86 bp | 23.5 bp −$23 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 38 min ago | 6.83 bp | 14.3 bp −$14 | 112.4 bp −$1,124 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3638 | −0.407% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3643 | −0.252% | $16 | — | 15x | as long as short |
| ApeX Omni CRVUSDTshort | −0.0003% | 1h | 0.3644 | −0.237% | $52K | $699K | 50x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3652 | −0.026% | $38K | $5K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3648 | −0.128% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.475% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0088% | 1h | 0.3653 | long leg | $3.1M | $2.8M | 50x | |
| Lighter CRV | +0.0096% | 1h | 0.3652 | −0.010% | $409K | $726K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3648 | −0.128% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3655 | +0.073% | $130K | $182K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3653 | +0.008% | $372K | $211K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3646 | −0.170% | $25.4M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3649 | −0.100% | $27.7M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3644 | −0.237% | $8.8M | $21.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3654 | +0.037% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3650 | −0.073% | $15.0M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3655 | +0.064% | $6.6M | $9.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3648 | −0.128% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3651 | −0.045% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3647 | −0.157% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3641 | −0.310% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3641 | −0.327% | $509K | $405K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3689 | +0.995% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3650 | −0.080% | $243K | $946K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3648 | −0.123% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3642 | −0.292% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0316% | 1h | 0.3658 | +0.146% | $22.7M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3649 | −0.100% | $381K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0446% / S −0.0196% | 1h | 0.3648 | −0.128% | $231K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0487% | 1h | 0.3655 | +0.056% | $99K | $295K | 10x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP