Funding you earn now, next payment 05:00 UTC+0.0618%/8h= +67.7% APRpaid last 24h +0.044%
Price spread now: Kraken Futures against Gate+0.176%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1111.113% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.176%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Kraken Futures is 0.098% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.078%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.181% in total (about 9.4% 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 | Gate CRV_USDT | 0.3656 | 0.0100 | pay 0.0100% / 8h | 3h 46m | $1.9M | $1.3M | 50x |
| Short | Kraken Futures PF_CRVUSD | 0.3662 | 0.0718 | get 0.0090% / 1h | 46m 10s | $3.1M | $2.6M | 50x |
Gate CRV_USDT
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $129.88
- Price spread: +0.176% → +0.078%
- $9.82
- Slippage, 4 orders
- −$86.29
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $28.41
- Costs to cover
- 1.113%
- Break-even
- 5.5 days
Slippage from Gate: live order book, 2 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 Gate live order book, 2 min ago | 2.75 bp | 28.4 bp −$28 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 8.23 bp | 24.1 bp −$24 | 55.8 bp −$558 | 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 | 0.3641 | −0.399% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3641 | −0.405% | $38K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0024% | 1h | 0.3657 | +0.027% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.383% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3647 | −0.254% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3656 | 0.000% | $386K | $699K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3655 | −0.027% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3648 | −0.231% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3641 | −0.415% | $369K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3659 | +0.079% | $25.1M | $54.7M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3659 | +0.082% | $27.7M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3661 | +0.137% | $8.8M | $20.4M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3656 | long leg | $1.9M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3658 | +0.055% | $13.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3657 | +0.027% | $6.2M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3658 | +0.055% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3656 | 0.000% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3641 | −0.405% | $102K | $256K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3646 | −0.277% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3633 | −0.618% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3637 | −0.524% | $514K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3637 | −0.520% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3690 | +0.930% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3655 | −0.014% | $260K | $494K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3655 | −0.035% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3638 | −0.492% | $1.4M | $4.1M | 75x | as long as short |
| Hyperliquid CRV | +0.0372% | 1h | 0.3647 | −0.254% | $22.0M | $14.9M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0418% / S −0.0177% | 1h | 0.3655 | −0.028% | $214K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3661 | +0.137% | $381K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0718% | 1h | 0.3662 | +0.176% | $3.1M | $2.6M | 50x |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
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
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX