Funding you earn now, next payment 07:00 UTC−0.0458%/8h= −50.2% APRpaid last 24h −0.058%
Price spread now: Gate against Kraken Futures−0.017%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$850.847% of the position
Funding, last 7 days−0.203%−$20 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.017%, 7d avg −0.077%
=The price spread pays, funding is against you. Gate is 0.059% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.017% now, against its 7-day average of −0.077%): +$6 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.203% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.203% in total (about -10.6% 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 | Kraken Futures PF_CRVUSD | 0.3587 | 0.0558 | pay 0.0070% / 1h | 12m 19s | $3.0M | $2.8M | 50x |
| Short | Gate CRV_USDT | 0.3586 | 0.0100 | get 0.0100% / 8h | 1h 12m | $1.8M | $1.3M | 50x |
Kraken Futures PF_CRVUSD
Gate CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Kraken Futures. 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
- −$96.24
- Price spread: −0.017% → −0.077%
- $5.91
- Slippage, 4 orders
- −$59.74
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$175.07
- Costs to cover
- 0.847%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; Gate: live order book, 5 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 Kraken Futures live order book, 1 min ago | 4.18 bp | 20.1 bp −$20 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.18 bp | 29.6 bp −$30 | 127.4 bp −$1,274 | 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 | 0.3581 | −0.145% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3586 | −0.015% | $26K | $187K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3583 | −0.104% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3582 | −0.129% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0012% | 1h | 0.3587 | −0.001% | $98K | $216K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.325% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0058% | 8h | 0.3582 | −0.132% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3583 | −0.090% | $379K | $719K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3586 | −0.029% | $20.9M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3585 | −0.047% | $115K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
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 CRV | +0.0100% | 1h | 0.3585 | −0.045% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3583 | −0.101% | $24.8M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3580 | −0.185% | $27.0M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3583 | −0.101% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDTshort | +0.0100% | 8h | 0.3586 | −0.017% | $1.8M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3582 | −0.129% | $12.3M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3585 | −0.045% | $6.4M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3585 | −0.045% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3583 | −0.101% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3585 | −0.037% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +0.093% | $508K | $422K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3587 | +0.011% | $53K | $677K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3583 | −0.101% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3650 | +1.767% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3581 | −0.156% | $255K | $508K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3582 | −0.119% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3583 | −0.101% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3594 | +0.206% | $351K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3582 | −0.119% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0558% | 1h | 0.3587 | long leg | $3.0M | $2.8M | 50x |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
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
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]