Funding you earn now, next payment 05:00 UTC−0.0624%/8h= −68.3% APRpaid last 24h −0.055%
Price spread now: Variational Omni against Kraken Futures−0.213%7-day average −0.155% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.199%−$20 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.213%, 7d avg −0.155%
=Together, before fees−0.239%+ Points / potential airdropVariational Omni: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Variational Omni is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.155%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.199% in total (about -20.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3637 | 0.0724 | pay 0.0090% / 1h | 55m 48s | $3.1M | $2.6M | 50x |
| Short | Variational Omni CRV | 0.3629 | 0.0100 | get 0.0100% / 8h | 3h 55m | $1.1M | $101K | — |
Kraken Futures PF_CRVUSD
Variational Omni CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$130.95
- Price spread: −0.213% → −0.155%
- −$5.77
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$146.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 3 min ago; Variational Omni: RFQ quote, 3 min ago. 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 | 5.51 bp | 20.6 bp −$21 | 48.5 bp −$485 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 5.52 bp | doesn't fit | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0143% | 1h | 0.3633 | −0.108% | $102K | $256K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3622 | −0.391% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3628 | −0.240% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3629 | −0.207% | $26K | $176K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0025% | 1h | 0.3634 | −0.072% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.918% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3631 | −0.155% | $384K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3630 | −0.182% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3627 | −0.266% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3631 | −0.148% | $368K | $198K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3630 | −0.178% | $24.9M | $54.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3631 | −0.155% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3633 | −0.100% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3627 | −0.265% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3632 | −0.127% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3627 | −0.265% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3628 | −0.237% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3627 | −0.265% | — | $1.6M | — | as long as short |
| Variational Omni CRVshort | +0.0100% | 8h | 0.3629 | −0.213% | $1.1M | $101K | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | −0.197% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | −0.183% | $513K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3632 | −0.127% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3681 | +1.220% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3626 | −0.305% | $257K | $493K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3630 | −0.178% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3621 | −0.429% | $1.4M | $4.0M | 75x | as long as short |
| Hyperliquid CRV | +0.0327% | 1h | 0.3633 | −0.094% | $21.9M | $15.0M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3629 | −0.213% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3629 | −0.210% | $382K | $4.0M | 50x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0724% | 1h | 0.3637 | long leg | $3.1M | $2.6M | 50x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX