Funding you earn now, next payment 23:00 UTC+0.0073%/8h= +8.0% APRnext payment +$0.09 per $10,000 · paid last 24h −0.047%
Price spread now: Pacifica against Kraken Futures−0.130%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1221.215% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 3 days (all we have)−0.023%−$2 · spread now −0.130%, 7d avg −0.057%
=Together, before fees−0.089%+ Points / potential airdropPacifica: Active · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.073% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of −0.057%). If the spread goes back, that is −$7 on $10k: about 3.4 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3666 | 0.0027 | pay 0.0003% / 1h | 49m 17s | $3.1M | $3.3M | 50x |
| Short | Pacifica CRV | 0.3661 | 0.0100 | get 0.0013% / 1h | 49m 17s | $376K | $187K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $15.31
- Price spread: −0.130% → −0.057%
- −$7.34
- Slippage, 4 orders
- −$103.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$113.55
- Costs to cover
- 1.215%
- Break-even
- 58.9 days
Slippage from Kraken Futures: live order book, 5 min ago; Pacifica: live order book, 34 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, 5 min ago | 2.73 bp | 27.6 bp −$28 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 34 min ago | 21.95 bp | 50.3 bp −$50 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.243% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3659 | −0.190% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3659 | −0.172% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3660 | −0.152% | $57K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3660 | −0.161% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0027% | 1h | 0.3666 | long leg | $3.1M | $3.3M | 50x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3660 | −0.152% | $24K | $1K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3661 | −0.124% | $415K | $699K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3660 | −0.154% | $131K | $186K | 10x | as long as short |
| Pacifica CRVshort | +0.0100% | 1h | 0.3661 | −0.130% | $376K | $187K | 10x |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3661 | −0.124% | $25.6M | $57.7M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3661 | −0.124% | $27.7M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3658 | −0.206% | $8.6M | $22.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3662 | −0.097% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3659 | −0.179% | $14.6M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3663 | −0.070% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3663 | −0.070% | $6.9M | $5.7M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3659 | −0.179% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3656 | −0.256% | $1.1M | $145K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3659 | −0.170% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | −0.152% | $510K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3658 | −0.206% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3705 | +1.076% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3659 | −0.180% | $243K | $884K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3660 | −0.138% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3660 | −0.152% | $1.4M | $4.6M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3665 | −0.015% | $390K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0402% / S −0.0160% | 1h | 0.3661 | −0.131% | $217K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0425% | 1h | 0.3661 | −0.119% | $105K | $361K | 10x | as long as short |
| Hyperliquid CRV | +0.0429% | 1h | 0.3666 | +0.012% | $22.7M | $16.8M | 10x | as long as short |
Kraken Futures PF_CRVUSD
Pacifica CRV
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Aster CRVUSDT
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Hyperliquid CRV