Settings8H · net · $10k
Funding arb · Price arb /

CRV

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h −0.039%
Price spread now: OKX against Kraken Futures−0.097%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$680.677% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.156%−$16 on $10k
Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.097%, 7d avg −0.136%
Together, before fees−0.266%−$27 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.039% dearer against Kraken Futures than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.136%. Mind the row above: over the last 7 days funding on this pair cost −0.156%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_CRVUSD0.36530.0088pay 0.0011% / 1h35m 16s$3.1M$2.8M50x
ShortOKX CRV-USDT-SWAP0.36490.0100get 0.0100% / 8h7h 35m$8.7M$21.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.44
Price spread: −0.097% → −0.136%
$3.92
Slippage, 4 orders
−$47.67
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee OKX: 5 bp × 2 orders
−$10
Net
−$61.31
Costs to cover
0.677%
Break-even
183.0 days
Slippage from Kraken Futures: live order book, 3 min ago; OKX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 3 min ago6.86 bp23.5 bp −$2346.3 bp −$463doesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.37 bp13.5 bp −$1343.3 bp −$433doesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0087%1h0.3638−0.404%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3643−0.249%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0024%1h0.3648−0.125%$56K$50K25xas long as short
ApeX Omni CRVUSDT−0.0003%1h0.3644−0.234%$52K$699K50xas long as short
dYdX CRV-USD0.0000%1h0.3652−0.023%$38K$5K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.478%$79$384K12xas long as short
Kraken Futures PF_CRVUSDlong+0.0088%1h0.3653long leg$3.1M$2.8M50x
Lighter CRV+0.0096%1h0.3650−0.070%$409K$726K10xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3649−0.097%$24K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3651−0.052%$130K$182K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRV+0.0100%1h0.3653+0.011%$372K$211K10xas long as short
Binance CRVUSDT+0.0100%8h0.3648−0.125%$25.4M$56.1M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3650−0.070%$27.7M$17.5M75xas long as short
OKX CRV-USDT-SWAPshort+0.0100%8h0.3649−0.097%$8.7M$21.5M50x
Gate CRV_USDT+0.0100%8h0.3650−0.070%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3648−0.125%$15.0M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3651−0.042%$6.6M$9.3M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3650−0.070%$6.9M$5.6M75xas long as short
BingX CRV-USDT+0.0100%8h0.3648−0.125%$23.6Mas long as short
Variational Omni CRV+0.0100%8h0.3647−0.154%$1.1M$113Kas long as short
edgeX CRVUSDC+0.0100%4h0.3641−0.307%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3641−0.324%$509K$405K10xas long as short
SunX CRV-USDT+0.0100%8h0.3684+0.861%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3648−0.117%$243K$946K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3649−0.107%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3642−0.289%$1.4M$4.4M75xas long as short
Hyperliquid CRV+0.0315%1h0.3655+0.059%$22.6M$16.5M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3649−0.097%$381K$4.6M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0447% / S −0.0196%1h0.3647−0.142%$231K100xas long as short
Backpack CRV_USDC_PERP+0.0498%1h0.3651−0.034%$99K$295K10xas long as short