Funding you earn now, next payment 01:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.039%
Price spread now: Pacifica against Kraken Futures−0.197%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1251.252% of the position
Funding, last 7 days−0.077%−$8 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.197%, 7d avg −0.058%
=Together, before fees+0.012%+ Points / potential airdropPacifica: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.138% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.197% now, against its 7-day average of −0.058%). If the spread goes back, that is −$14 on $10k: about 37 days of funding at the current rate ($0 a day). Mind the row above: over the last 7 days funding on this pair cost −0.077%, 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 | 0.0088 | pay 0.0011% / 1h | 12m 25s | $3.1M | $2.8M | 50x |
| Short | Pacifica CRV | 0.3678 | 0.0100 | get 0.0013% / 1h | 12m 25s | $375K | $211K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $2.61
- Price spread: −0.197% → −0.058%
- −$13.84
- Slippage, 4 orders
- −$107.18
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$136.41
- Costs to cover
- 1.252%
- Break-even
- 373.4 days
Slippage from Kraken Futures: live order book, 1 min ago; Pacifica: live order book, 61 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 | 5.43 bp | 24.2 bp −$24 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 61 min ago | 17.78 bp | 55.4 bp −$55 | doesn't fit | 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 | 0.3678 | −0.203% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3674 | −0.305% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3679 | −0.184% | $38K | $5K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3683 | −0.073% | $57K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.425% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0088% | 1h | 0.3686 | long leg | $3.1M | $2.8M | 50x | |
| Lighter CRV | +0.0096% | 1h | 0.3679 | −0.179% | $411K | $727K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3683 | −0.073% | $25K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3679 | −0.190% | $131K | $182K | 10x | as long as short |
| Pacifica CRVshort | +0.0100% | 1h | 0.3678 | −0.197% | $375K | $211K | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3677 | −0.236% | $25.7M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3679 | −0.181% | $28.1M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3675 | −0.290% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3681 | −0.127% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3677 | −0.236% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3679 | −0.181% | $6.6M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3679 | −0.181% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3679 | −0.181% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3674 | −0.319% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3676 | −0.269% | $38K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3676 | −0.274% | $519K | $417K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3676 | −0.263% | $53K | $699K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3719 | +0.904% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3675 | −0.285% | $244K | $864K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3683 | −0.074% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3684 | −0.046% | $1.4M | $4.3M | 75x | as long as short |
| Hyperliquid CRV | +0.0318% | 1h | 0.3683 | −0.086% | $22.9M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3685 | −0.019% | $385K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0418% / S −0.0174% | 1h | 0.3683 | −0.076% | $219K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0572% | 1h | 0.3683 | −0.073% | $99K | $295K | 10x | as long as short |
Kraken Futures PF_CRVUSD
Pacifica CRV
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Aster CRVUSDT
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
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