Funding you earn now, next payment 02:00 UTC−0.0194%/8h= −21.2% APRpaid last 24h −0.036%
Price spread now: Aster against Kraken Futures+0.046%7-day average −0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$950.950% of the position
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now +0.046%, 7d avg −0.058%
=Together, before fees−0.215%+ Points / potential airdropAster: Stage 5 · farm board−$21 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.104% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.058%): +$10 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 7 days (−0.085% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.4% 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 | Kraken Futures PF_CRVUSD | 0.3601 | 0.0294 | pay 0.0037% / 1h | 41m 42s | $3.0M | $2.8M | 50x |
| Short | Aster CRVUSDT | 0.3603 | 0.0100 | get 0.0100% / 8h | 6h 41m | $128K | $182K | 10x |
Kraken Futures PF_CRVUSD
Aster CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$40.69
- Price spread: +0.046% → −0.058%
- $10.4
- Slippage, 4 orders
- −$77.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$125.31
- Costs to cover
- 0.950%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Aster: live order book, 25 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, 2 min ago | 5.53 bp | 10.5 bp −$11 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell Aster live order book, 25 min ago | 27.25 bp | 31.2 bp −$31 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0134% | 1h | 0.3617 | +0.446% | $52K | $700K | 50x | as long as short |
| Phoenix CRV | −0.0066% | 1h | 0.3604 | +0.094% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3600 | −0.013% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0028% | 1h | 0.3598 | −0.081% | $55K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3598 | −0.072% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.918% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0051% | 1h | 0.3603 | +0.044% | $97K | $300K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3598 | −0.081% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3596 | −0.140% | $379K | $708K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3607 | +0.158% | $22.2M | $16.8M | 10x | as long as short |
ApeX Omni CRVUSDT
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDTshort | +0.0100% | 8h | 0.3603 | +0.046% | $128K | $182K | 10x | |
| Pacifica CRV | +0.0100% | 1h | 0.3599 | −0.065% | $363K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3598 | −0.068% | $25.0M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3599 | −0.053% | $27.4M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3599 | −0.053% | $8.6M | $20.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3598 | −0.081% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3597 | −0.109% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3602 | +0.030% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3602 | +0.030% | $6.8M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3599 | −0.053% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3607 | +0.167% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3616 | +0.417% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3610 | +0.250% | $506K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3642 | +1.141% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3599 | −0.050% | $235K | $632K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3598 | −0.081% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | +0.919% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0294% | 1h | 0.3601 | long leg | $3.0M | $2.8M | 50x | |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3600 | −0.026% | $377K | $4.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0450% / S −0.0200% | 1h | 0.3598 | −0.090% | $229K | — | 100x | as long as short |
Pacifica CRV
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
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]