Funding you earn now, next payment 02:00 UTC−0.0288%/8h= −31.6% APRnext payment −$0.36 per $10,000 · paid last 24h −0.066%
Price spread now: dYdX against Kraken Futures−0.078%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.078% cheaper against Kraken Futures than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3671 | 0.0288 | pay 0.0036% / 1h | 59m 44s | $3.1M | $2.6M | 50x |
| Short | dYdX CRV-USD | 0.3668 | 0 | get 0.0000% / 1h | 59m 44s | $38K | $7K | 10x |
Kraken Futures PF_CRVUSD
dYdX CRV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$60.51
- Price spread: −0.078% → 0.000%
- −$7.75
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$88.26
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.
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, 4 min ago | 5.46 bp | 16.8 bp −$17 | 32.7 bp −$327 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CRV on 29 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 | −0.0066% | 1h | 0.3673 | +0.043% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3665 | −0.156% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3668 | −0.085% | $56K | $49K | 25x | as long as short |
| dYdX CRV-USDshort | 0.0000% | 1h | 0.3668 | −0.078% | $38K | $7K | 10x | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.030% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3668 | −0.085% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3670 | −0.030% | $386K | $702K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3677 | +0.158% | $22.4M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3670 | −0.017% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3671 | +0.002% | $372K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3671 | −0.003% | $25.4M | $54.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3670 | −0.030% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3671 | −0.003% | $8.8M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3671 | −0.003% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3671 | −0.003% | $14.8M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3671 | −0.003% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3672 | +0.024% | $6.9M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3670 | −0.030% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3669 | −0.044% | $98K | $273K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3667 | −0.116% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3659 | −0.330% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | −0.303% | $516K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3663 | −0.221% | $53K | $689K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3721 | +1.359% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3669 | −0.068% | $240K | $472K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3667 | −0.112% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0288% | 1h | 0.3671 | long leg | $3.1M | $2.6M | 50x | |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3669 | −0.058% | $385K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0462% / S −0.0207% | 1h | 0.3668 | −0.089% | $234K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]