Funding you earn now, next payment 03:00 UTC+0.0265%/8h= +29.0% APRnext payment +$0.33 per $10,000 · paid last 24h +0.036%
Price spread now: Kraken Futures against Extended+0.051%7-day average +0.161% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 4 days (all we have)+0.420%+$42 · spread now +0.051%, 7d avg +0.161%
=Together, before fees+0.537%+ Points / potential airdropExtended: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.109% cheaper against Extended than usual: you would sell low and buy high (spread +0.051% now, against its 7-day average of +0.161%). If the spread goes back, that is −$11 on $10k: about 33 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.117% in total) that is about 6.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.117% in total (about 6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 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 | Extended CRV-USD | 0.3675 | 0.0104 | pay 0.0013% / 1h | 26m 01s | $240K | $477K | 25x |
| Short | Kraken Futures PF_CRVUSD | 0.3677 | 0.0369 | get 0.0046% / 1h | 26m 01s | $3.1M | $2.6M | 50x |
Extended CRV-USD
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $55.71
- Price spread: +0.051% → +0.161%
- −$10.93
- Slippage, 4 orders
- −$53.69
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$23.92
- Costs to cover
- 0.687%
- Break-even
- 10.0 days
Slippage from Extended: live order book, 37 min ago; Kraken Futures: live order book, 3 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 Extended live order book, 37 min ago | 5.60 bp | 14.7 bp −$15 | 1130.6 bp −$11.3K | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 6.82 bp | 18.4 bp −$18 | 48.2 bp −$482 | 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 | −0.0065% | 1h | 0.3674 | −0.028% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3672 | −0.073% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3666 | −0.255% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3674 | −0.028% | $56K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.137% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3675 | 0.000% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3673 | −0.068% | $386K | $707K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3677 | +0.046% | $22.3M | $15.2M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3673 | −0.066% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3671 | −0.112% | $372K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
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 | 0.3673 | −0.055% | $25.4M | $53.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3670 | −0.137% | $27.8M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3675 | 0.000% | $8.9M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3672 | −0.082% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3673 | −0.055% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3674 | −0.028% | $6.3M | $8.8M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3677 | +0.054% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3672 | −0.082% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3676 | +0.027% | $100K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3671 | −0.116% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3670 | −0.149% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3668 | −0.202% | $517K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3673 | −0.055% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3702 | +0.734% | $1K | $1.2M | 20x | as long as short |
| Extended CRV-USDlong | +0.0104% | 1h | 0.3675 | long leg | $240K | $477K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3675 | −0.012% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3663 | −0.327% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3676 | +0.027% | $386K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0369% | 1h | 0.3677 | +0.051% | $3.1M | $2.6M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0438% / S −0.0190% | 1h | 0.3674 | −0.022% | $222K | — | 100x | as long as short |
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
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]