Funding you earn now, next payment 06:00 UTC−0.0576%/8h= −63.1% APRpaid last 24h −0.049%
Price spread now: edgeX against Kraken Futures−0.058%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$860.857% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now −0.058%, 7d avg −0.159%
=Together, before fees−0.247%+ Points / potential airdropedgeX: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.101% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.159%): +$10 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.127% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% 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 | 0.3596 | 0.0676 | pay 0.0085% / 1h | 52m 31s | $3.0M | $2.6M | 50x |
| Short | edgeX CRVUSDC | 0.3594 | 0.0100 | get 0.0050% / 4h | 2h 52m | $37K | $173K | 20x |
Kraken Futures PF_CRVUSD
edgeX CRVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$121.04
- Price spread: −0.058% → −0.159%
- $10.06
- Slippage, 4 orders
- −$66.73
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$196.7
- Costs to cover
- 0.857%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; edgeX: live order book, 59 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, 1 min ago | 4.18 bp | 18.5 bp −$18 | 44.8 bp −$448 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 59 min ago | 21.95 bp | 26.4 bp −$26 | 70.2 bp −$702 | 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 | 0.3592 | −0.127% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3595 | −0.036% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3593 | −0.097% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.044% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3605 | +0.251% | $26K | $177K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0072% | 1h | 0.3598 | +0.036% | $95K | $260K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3595 | −0.030% | $382K | $694K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3599 | +0.073% | $21.4M | $15.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3599 | +0.056% | $128K | $178K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3597 | +0.006% | $365K | $198K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Backpack CRV_USDC_PERP
Lighter CRV
Hyperliquid 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 | 0.3598 | +0.038% | $24.8M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3596 | −0.014% | $27.3M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3599 | +0.070% | $8.7M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3597 | +0.014% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3598 | +0.042% | $13.0M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3597 | +0.014% | $6.0M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3599 | +0.070% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3598 | +0.042% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3597 | +0.011% | $1.1M | $94K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3594 | −0.058% | $37K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3603 | +0.175% | $506K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3603 | +0.181% | $54K | $682K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3592 | −0.125% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3643 | +1.293% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3597 | +0.015% | $253K | $494K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3593 | −0.086% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3590 | −0.180% | $1.4M | $4.0M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3592 | −0.113% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3595 | −0.041% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0676% | 1h | 0.3596 | long leg | $3.0M | $2.6M | 50x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX