Funding you earn now, next payment 01:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.041%
Price spread now: Orderly against Kraken Futures−0.279%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.279% cheaper against Kraken Futures than usual: you would sell low and buy high, −$28 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3677 | 0.0088 | pay 0.0011% / 1h | 5m 39s | $3.1M | $2.8M | 50x |
| Short | Orderly PERP_CRV_USDC | 0.3667 | 0.0096 | get 0.0096% / 8h | 7h 05m | $24K | $929 | 10x |
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $1.74
- Price spread: −0.279% → 0.000%
- −$27.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$42.14
- Costs to cover
- 0.160%
- Break-even
- 176.3 days
Slippage unknown: Kraken Futures: live order book, 3 min ago; Orderly: 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, 3 min ago | 5.43 bp | 21.9 bp −$22 | 45.7 bp −$457 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 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 | 0.3676 | −0.045% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3666 | −0.311% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3673 | −0.112% | $38K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3668 | −0.252% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.197% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0088% | 1h | 0.3677 | long leg | $3.1M | $2.8M | 50x | |
| Lighter CRV | +0.0096% | 1h | 0.3670 | −0.192% | $410K | $727K | 10x | as long as short |
| Orderly PERP_CRV_USDCshort | +0.0096% | 8h | 0.3667 | −0.279% | $24K | $929 | 10x | |
| Aster CRVUSDT | +0.0100% | 8h | 0.3672 | −0.152% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3669 | −0.215% | $374K | $211K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
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 | 0.3669 | −0.224% | $25.6M | $55.7M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3669 | −0.224% | $28.0M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3667 | −0.279% | $8.8M | $21.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3672 | −0.143% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3668 | −0.252% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3671 | −0.170% | $6.6M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3671 | −0.170% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3668 | −0.252% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3665 | −0.338% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3686 | +0.229% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3690 | +0.347% | $521K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3686 | +0.238% | $53K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3708 | +0.836% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3665 | −0.331% | $248K | $811K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3668 | −0.243% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3680 | +0.075% | $1.4M | $4.3M | 75x | as long as short |
| Hyperliquid CRV | +0.0315% | 1h | 0.3675 | −0.053% | $22.8M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3683 | +0.156% | $385K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0174% | 1h | 0.3667 | −0.265% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0522% | 1h | 0.3672 | −0.137% | $99K | $295K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
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
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP