Funding you earn now, next payment 07:00 UTC+0.0459%/8h= +50.3% APRpaid last 24h +0.058%
Price spread now: Kraken Futures against MEXC+0.205%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$460.464% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.205%, 7d avg +0.115%
=Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Kraken Futures is 0.090% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.115%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.217% in total (about 11.3% 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 | MEXC CRV_USDT | 0.3574 | 0.0100 | pay 0.0100% / 8h | 1h 04m | $12.3M | $5.7M | 125x |
| Short | Kraken Futures PF_CRVUSD | 0.3581 | 0.0559 | get 0.0070% / 1h | 4m 50s | $3.0M | $2.8M | 50x |
MEXC CRV_USDT
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $96.41
- Price spread: +0.205% → +0.115%
- $8.97
- Slippage, 4 orders
- −$32.4
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $58.99
- Costs to cover
- 0.464%
- Break-even
- 2.7 days
Slippage from MEXC: live order book, 3 min ago; Kraken Futures: live order book, 4 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 MEXC live order book, 3 min ago | 1.40 bp | 6.6 bp −$7 | 19.2 bp −$192 | 72.1 bp −$7,208 | 126.9 bp −$63.4K |
| Sell Kraken Futures live order book, 4 min ago | 4.19 bp | 14.5 bp −$14 | 34.7 bp −$347 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3578 | +0.110% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3582 | +0.215% | $26K | $187K | 10x | as long as short |
| Backpack CRV_USDC_PERP | −0.0036% | 1h | 0.3578 | +0.112% | $97K | $216K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3582 | +0.231% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3577 | +0.084% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.686% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0042% | 8h | 0.3576 | +0.052% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3572 | −0.059% | $375K | $721K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3576 | +0.067% | $20.9M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3576 | +0.047% | $115K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
Backpack CRV_USDC_PERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3581 | +0.199% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3572 | −0.052% | $24.7M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3570 | −0.112% | $26.9M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3574 | 0.000% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3577 | +0.084% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTlong | +0.0100% | 8h | 0.3574 | long leg | $12.3M | $5.7M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3578 | +0.112% | $6.4M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3575 | +0.028% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3576 | +0.056% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3580 | +0.165% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3589 | +0.407% | $508K | $422K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3581 | +0.196% | $53K | $675K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3578 | +0.112% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3645 | +1.987% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3577 | +0.080% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0160% | 1h | 0.3572 | −0.056% | $253K | $513K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3580 | +0.168% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3594 | +0.560% | $351K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3578 | +0.098% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0559% | 1h | 0.3581 | +0.205% | $3.0M | $2.8M | 50x |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]