Funding you earn now, next payment 08:00 UTC+0.0644%/8h= +70.5% APRnext payment +$0.80 per $10,000 · paid last 24h +0.063%
Price spread now: Kraken Futures against Pacifica+0.139%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.139%, 7d avg +0.056%
=Together, before fees+0.095%+ Points / potential airdropPacifica: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.082% dearer against Pacifica than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.144% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.80 per $10,000. 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 | Pacifica CRV | 0.3567 | 0.0100 | pay 0.0013% / 1h | 42m 04s | $362K | $198K | 10x |
| Short | Kraken Futures PF_CRVUSD | 0.3572 | 0.0744 | get 0.0093% / 1h | 42m 04s | $3.0M | $2.7M | 50x |
Pacifica CRV
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Pacifica. 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
- $135.15
- Price spread: +0.139% → +0.056%
- $8.2
- Slippage, 4 orders
- −$94.56
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $30.79
- Costs to cover
- 1.126%
- Break-even
- 5.4 days
Slippage from Pacifica: live order book, 61 min ago; Kraken Futures: live order book, 2 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 Pacifica live order book, 61 min ago | 19.49 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 4.19 bp | 17.3 bp −$17 | 37.6 bp −$376 | 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 | 0.3567 | −0.006% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3567 | −0.002% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3574 | +0.183% | $25K | $187K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3568 | +0.018% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0016% | 1h | 0.3570 | +0.068% | $93K | $272K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.877% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0040% | 8h | 0.3568 | +0.012% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3567 | −0.002% | $376K | $695K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3570 | +0.082% | $20.9M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3568 | +0.024% | $114K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
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 CRVlong | +0.0100% | 1h | 0.3567 | long leg | $362K | $198K | 10x | |
| Binance CRVUSDT | +0.0100% | 8h | 0.3568 | +0.018% | $24.7M | $57.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3564 | −0.094% | $26.9M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3569 | +0.046% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3568 | +0.018% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3568 | +0.018% | $12.2M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3569 | +0.046% | $6.5M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3569 | +0.046% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3568 | +0.018% | — | $23.4M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3575 | +0.224% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.079% | $497K | $430K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3571 | +0.102% | $53K | $672K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3568 | +0.018% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3646 | +2.204% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3569 | +0.032% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0192% | 1h | 0.3567 | −0.009% | $251K | $509K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3569 | +0.046% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0400% | 1h | 0.3569 | +0.046% | $349K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3569 | +0.038% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0744% | 1h | 0.3572 | +0.139% | $3.0M | $2.7M | 50x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC 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]