Funding you earn now, next payment 02:00 UTC+0.0190%/8h= +20.8% APRpaid last 24h +0.036%
Price spread now: Kraken Futures against SunX−1.278%7-day average −0.290% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.085%+$8 on $10k
+Price spread, last 3 days (all we have)+1.299%+$130 · spread now −1.278%, 7d avg −0.290%
=Funding pays, the price is against you. Kraken Futures is 0.988% cheaper against SunX than usual: you would sell low and buy high (spread −1.278% now, against its 7-day average of −0.290%). If the spread goes back, that is −$99 on $10k: about 17 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.085% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% 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 | SunX CRV-USDT | 0.3700 | 0.0100 | pay 0.0100% / 8h | 6h 23m | $2K | $1.3M | 20x |
| Short | Kraken Futures PF_CRVUSD | 0.3653 | 0.0290 | get 0.0036% / 1h | 23m 06s | $3.1M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $39.81
- Price spread: −1.278% → −0.290%
- −$98.78
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$76.97
- Costs to cover
- 0.180%
- Break-even
- 20.5 days
Slippage unknown: SunX: live order book, 11 min ago; Kraken Futures: live order book, 1 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 SunX live order book, 11 min ago | 333.15 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 1 min ago | 5.49 bp | 25.1 bp −$25 | 53.1 bp −$531 | doesn't fit | doesn't fit |
CRV on 29 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 | −0.0066% | 1h | 0.3630 | −1.892% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3643 | −1.543% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3642 | −1.572% | $38K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3650 | −1.351% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.811% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3648 | −1.405% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3648 | −1.411% | $385K | $713K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3654 | −1.246% | $22.3M | $15.3M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3644 | −1.524% | $130K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3641 | −1.600% | $367K | $196K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3648 | −1.396% | $25.2M | $55.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3647 | −1.432% | $27.7M | $17.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3648 | −1.405% | $8.8M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3648 | −1.405% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3650 | −1.351% | $14.9M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3649 | −1.378% | $6.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3650 | −1.351% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3650 | −1.351% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3651 | −1.314% | $98K | $300K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3636 | −1.732% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | −1.923% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3640 | −1.622% | $510K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3642 | −1.568% | $53K | $688K | 50x | as long as short |
| SunX CRV-USDTlong | +0.0100% | 8h | 0.3700 | long leg | $2K | $1.3M | 20x | |
| Extended CRV-USD | +0.0104% | 1h | 0.3648 | −1.418% | $237K | $483K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3648 | −1.396% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0290% | 1h | 0.3653 | −1.278% | $3.1M | $2.7M | 50x | |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3653 | −1.270% | $382K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0456% / S −0.0203% | 1h | 0.3646 | −1.455% | $232K | — | 100x | as long as short |
SunX CRV-USDT
Kraken Futures PF_CRVUSD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Extended CRV-USD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]