Funding you earn now, next payment 09:00 UTC−0.0447%/8h= −49.0% APRpaid last 24h −0.034%
Price spread now: BloFin against Kraken Futures−0.058%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.058%, 7d avg −0.113%
=The price spread pays, funding is against you. BloFin is 0.055% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.113%): +$6 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 10 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.000% in total (about 0.0% 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 | Kraken Futures PF_CRVUSD | 0.3581 | 0.0667 | pay 0.0083% / 1h | 38m 54s | $3.0M | $2.8M | 50x |
| Short | BloFin CRV-USDT | 0.3579 | 0.0220 | get 0.0220% / 8h | 7h 38m | $1.3M | $3.9M | 75x |
Kraken Futures PF_CRVUSD
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$93.93
- Price spread: −0.058% → −0.113%
- $5.51
- Slippage, 4 orders
- −$31.63
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$142.05
- Costs to cover
- 0.536%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; BloFin: 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 Kraken Futures live order book, 5 min ago | 4.18 bp | 14.1 bp −$14 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 4.19 bp | 11.4 bp −$11 | 28.4 bp −$284 | 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 | −0.0309% | 1h | 0.3577 | −0.114% | $53K | $46K | 25x | as long as short |
| Bybit CRVUSDT | −0.0206% | 8h | 0.3569 | −0.338% | $26.9M | $19.7M | 75x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3576 | −0.144% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3578 | −0.075% | $25K | $190K | 10x | as long as short |
| Variational Omni CRV | −0.0017% | 8h | 0.3574 | −0.200% | $1.1M | $94K | — | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3582 | +0.033% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.483% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0045% | 1h | 0.3579 | −0.072% | $93K | $256K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3578 | −0.092% | $375K | $681K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3580 | −0.028% | $21.0M | $16.8M | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Bybit CRVUSDT
Reya CRVRUSDPERP
Phoenix CRV
Variational Omni CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Lighter CRV
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3576 | −0.137% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3579 | −0.056% | $361K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3572 | −0.254% | $24.6M | $57.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3571 | −0.282% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3575 | −0.170% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3573 | −0.226% | $12.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3576 | −0.142% | $6.8M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3575 | −0.170% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3574 | −0.198% | — | $1.7M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3579 | −0.067% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3589 | +0.212% | $511K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3580 | −0.030% | $52K | $662K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3579 | −0.058% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3656 | +2.092% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3571 | −0.286% | $255K | $512K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3577 | −0.116% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3579 | −0.058% | $1.3M | $3.9M | 75x | |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3582 | +0.025% | $360K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3578 | −0.085% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0667% | 1h | 0.3581 | long leg | $3.0M | $2.8M | 50x |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]