Funding you earn now, next payment 20:00 UTC+0.0300%/8hpaid last 24h +0.043%
Price spread now: Kraken Futures against MEXC+0.033%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$410.407% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)+0.168%+$17 · spread now +0.033%, 7d avg +0.122%
=Funding pays, the price is against you. Kraken Futures is 0.089% cheaper against MEXC than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.122%). If the spread goes back, that is −$9 on $10k: about 24 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.129% in total) that is about 4.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% 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 | MEXC CRV_USDT | 0.3564 | 0.0100 | pay 0.0100% / 8h | 4h 22m | $14.2M | $5.5M | 125x |
| Short | Kraken Futures PF_CRVUSD | 0.3565 | 0.0400 | get 0.0050% / 1h | 22m 18s | $3.0M | $3.7M | 50x |
MEXC CRV_USDT
Kraken Futures PF_CRVUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $62.92
- Price spread: +0.033% → +0.122%
- −$8.86
- Slippage, 4 orders
- −$26.66
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $13.4
- Costs to cover
- 0.407%
- Break-even
- 5.5 days
Slippage from MEXC: live order book, just now; Kraken Futures: live order book, 1 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 MEXC live order book, just now | 1.40 bp | 5.3 bp −$5 | 13.6 bp −$136 | 63.4 bp −$6,343 | 123.3 bp −$61.7K |
| Sell Kraken Futures live order book, 1 min ago | 4.20 bp | 14.5 bp −$14 | 37.2 bp −$372 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0311% | 1h | 0.3561 | −0.084% | $57K | $50K | 25x | as long as short |
| Phoenix CRV | −0.0203% | 1h | 0.3563 | −0.028% | $25K | $169K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3563 | −0.026% | $15 | — | 15x | as long as short |
| Coinbase International CRV-PERP-INTX | −0.0032% | 1h | 0.3571 | +0.196% | $413K | $4.4M | 50x | as long as short |
| Injective CRV/USDC PERP | −0.0031% | 1h | 0.3530 | −0.954% | $76 | $151K | 12x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3565 | +0.042% | $37K | $3K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0085% | 1h | 0.3567 | +0.095% | $102K | $367K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3566 | +0.067% | $411K | $684K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3564 | 0.000% | $23K | $652 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3565 | +0.038% | $134K | $181K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
Coinbase International CRV-PERP-INTX
Injective CRV/USDC PERP
dYdX CRV-USD
Backpack CRV_USDC_PERP
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3565 | +0.038% | $362K | $141K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3562 | −0.056% | $24.7M | $55.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3563 | −0.028% | $27.0M | $16.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3563 | −0.028% | $8.6M | $20.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3567 | +0.084% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTlong | +0.0100% | 8h | 0.3564 | long leg | $14.2M | $5.5M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3568 | +0.112% | $6.9M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3565 | +0.028% | $6.8M | $5.7M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3564 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3563 | −0.015% | $1.1M | $150K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | +0.126% | $37K | $171K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.170% | $507K | $447K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3569 | +0.140% | $47K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3640 | +2.132% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3560 | −0.103% | $282K | $828K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3561 | −0.077% | $18K | $9K | 3x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0182% / S +0.0259% | 1h | 0.3565 | +0.029% | $243K | — | 100x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3563 | −0.028% | $1.4M | $4.2M | 75x | as long as short |
| Kraken Futures PF_CRVUSDshort | +0.0400% | 1h | 0.3565 | +0.033% | $3.0M | $3.7M | 50x | |
| Hyperliquid CRV | +0.0662% | 1h | 0.3572 | +0.236% | $21.0M | $15.3M | 10x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
GMX CRV/USD [ETH-USDC]
BloFin CRV-USDT
Hyperliquid CRV