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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3653 | 0.0088 | pay 0.0011% / 1h | 35m 16s | $3.1M | $2.8M | 50x |
| Short | OKX CRV-USDT-SWAP | 0.3649 | 0.0100 | get 0.0100% / 8h | 7h 35m | $8.7M | $21.5M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 3 min ago | 6.86 bp | 23.5 bp −$23 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.37 bp | 13.5 bp −$13 | 43.3 bp −$433 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3638 | −0.404% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3643 | −0.249% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3648 | −0.125% | $56K | $50K | 25x | as long as short |
| ApeX Omni CRVUSDT | −0.0003% | 1h | 0.3644 | −0.234% | $52K | $699K | 50x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3652 | −0.023% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.478% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0088% | 1h | 0.3653 | long leg | $3.1M | $2.8M | 50x | |
| Lighter CRV | +0.0096% | 1h | 0.3650 | −0.070% | $409K | $726K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3649 | −0.097% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3651 | −0.052% | $130K | $182K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3653 | +0.011% | $372K | $211K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3648 | −0.125% | $25.4M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3650 | −0.070% | $27.7M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3649 | −0.097% | $8.7M | $21.5M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3650 | −0.070% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3648 | −0.125% | $15.0M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3651 | −0.042% | $6.6M | $9.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3650 | −0.070% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3648 | −0.125% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3647 | −0.154% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3641 | −0.307% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3641 | −0.324% | $509K | $405K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3684 | +0.861% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3648 | −0.117% | $243K | $946K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3649 | −0.107% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3642 | −0.289% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0315% | 1h | 0.3655 | +0.059% | $22.6M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3649 | −0.097% | $381K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0447% / S −0.0196% | 1h | 0.3647 | −0.142% | $231K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0498% | 1h | 0.3651 | −0.034% | $99K | $295K | 10x | as long as short |
Kraken Futures PF_CRVUSD
OKX CRV-USDT-SWAP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
ApeX Omni CRVUSDT
Injective CRV/USDC PERP
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP