Funding you earn now, next payment 23:00 UTC+0.0073%/8h= +8.0% APRpaid last 24h −0.047%
Price spread now: Gate against Kraken Futures−0.120%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$930.930% of the position
Funding, last 7 days−0.145%−$14 on $10k
+Price spread, last 3 days (all we have)−0.088%−$9 · spread now −0.120%, 7d avg −0.078%
=Funding pays, the price is against you. Gate is 0.041% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.120% now, against its 7-day average of −0.078%). If the spread goes back, that is −$4 on $10k: about 45 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.145%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3686 | 0.0027 | pay 0.0003% / 1h | 35m 07s | $3.1M | $3.1M | 50x |
| Short | Gate CRV_USDT | 0.3682 | 0.0100 | get 0.0100% / 8h | 1h 35m | $2.0M | $1.3M | 50x |
Kraken Futures PF_CRVUSD
Gate CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $15.34
- Price spread: −0.120% → −0.078%
- −$4.15
- Slippage, 4 orders
- −$67.99
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$81.8
- Costs to cover
- 0.930%
- Break-even
- 44.3 days
Slippage from Kraken Futures: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 4.07 bp | 21.4 bp −$21 | 47.4 bp −$474 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.72 bp | 21.5 bp −$21 | 123.2 bp −$1,232 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3670 | −0.445% | $67K | $351K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | −0.014% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3682 | −0.117% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3682 | −0.120% | $57K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3674 | −0.330% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0027% | 1h | 0.3686 | long leg | $3.1M | $3.1M | 50x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3683 | −0.093% | $25K | $930 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3681 | −0.147% | $416K | $703K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3681 | −0.159% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3675 | −0.304% | $380K | $189K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter 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 | 0.3681 | −0.147% | $25.9M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3681 | −0.147% | $28.0M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3682 | −0.120% | $8.8M | $22.2M | 50x | as long as short |
| Gate CRV_USDTshort | +0.0100% | 8h | 0.3682 | −0.120% | $2.0M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3681 | −0.147% | $14.8M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3683 | −0.093% | $7.2M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3683 | −0.093% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3679 | −0.201% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3676 | −0.280% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3680 | −0.168% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3680 | −0.174% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3687 | +0.016% | $61K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3713 | +0.721% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3681 | −0.149% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3683 | −0.106% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3680 | −0.174% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3682 | −0.120% | $387K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3684 | −0.063% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0406% | 1h | 0.3685 | −0.030% | $108K | $362K | 10x | as long as short |
| Hyperliquid CRV | +0.0433% | 1h | 0.3689 | +0.059% | $22.9M | $16.6M | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Hyperliquid CRV