Funding you earn now, next payment 00:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.039%
Price spread now: edgeX against Kraken Futures+0.274%76s7-day average −0.165% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.936% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)−0.517%−$52 · spread now +0.274%, 7d avg −0.165%
=Together, before fees−0.585%+ Points / potential airdropedgeX: Active · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.440% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of −0.165%): +$44 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 27 days. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_CRVUSD | 0.3698 | 0.0155 | pay 0.0019% / 1h | 39m 58s | $3.1M | $3.0M | 50x |
| Short | edgeX CRVUSDC | 0.3708 | 0.0100 | get 0.0050% / 4h | 39m 58s | $38K | $173K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$11.49
- Price spread: +0.274% → −0.165%
- $43.96
- Slippage, 4 orders
- −$74.6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$61.14
- Costs to cover
- 0.936%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; edgeX: live order book, 37 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, 4 min ago | 4.05 bp | 25.5 bp −$25 | 48.1 bp −$481 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 21.83 bp | 26.3 bp −$26 | 68.4 bp −$684 | 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 | −0.0146% | 1h | 0.3670 | −0.754% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3711 | +0.347% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3694 | −0.117% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0021% | 1h | 0.3694 | −0.105% | $57K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3699 | +0.017% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3695 | −0.078% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3695 | −0.086% | $416K | $720K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3699 | +0.021% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3698 | −0.010% | $376K | $203K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3697 | −0.024% | $26.0M | $56.4M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3697 | −0.024% | $28.3M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3696 | −0.051% | $8.8M | $21.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3696 | −0.051% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3696 | −0.051% | $14.6M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3701 | +0.084% | $7.5M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3699 | +0.030% | $7.0M | $5.7M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3696 | −0.051% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3695 | −0.077% | $1.1M | $110K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3708 | +0.274% | $38K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3700 | +0.058% | $523K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3710 | +0.328% | $61K | $698K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3705 | +0.192% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3696 | −0.055% | $247K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3695 | −0.091% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSDlong | +0.0155% | 1h | 0.3698 | long leg | $3.1M | $3.0M | 50x | |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3700 | +0.057% | $1.4M | $4.5M | 75x | as long as short |
| Hyperliquid CRV | +0.0384% | 1h | 0.3701 | +0.084% | $23.1M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3702 | +0.111% | $393K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0454% / S −0.0194% | 1h | 0.3695 | −0.075% | $239K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0721% | 1h | 0.3702 | +0.101% | $108K | $305K | 10x | as long as short |
Kraken Futures PF_CRVUSD
edgeX CRVUSDC
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP