Funding you earn now, next payment 06:00 UTC+0.0187%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h −0.056%
Price spread now: Extended against Backpack−0.083%7-day average −0.111% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days−0.053%−$5 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.083%, 7d avg −0.111%
=Together, before fees+0.134%+ Points / potential airdropExtended: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.028% dearer against Backpack than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.111%. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. 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 | Backpack CRV_USDC_PERP | 0.3549 | −0.0083 | get 0.0010% / 1h | 40m 35s | $93K | $259K | 10x |
| Short | Extended CRV-USD | 0.3547 | 0.0104 | get 0.0013% / 1h | 40m 35s | $252K | $497K | 25x |
Backpack CRV_USDC_PERP
Extended CRV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Backpack. 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
- $39.2
- Price spread: −0.083% → −0.111%
- $2.83
- Slippage, 4 orders
- −$26.78
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $0.25
- Costs to cover
- 0.418%
- Break-even
- 7.0 days
Slippage from Backpack: live order book, 8 min ago; Extended: live order book, 7 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 Backpack live order book, 8 min ago | 1.25 bp | 8.7 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 7 min ago | 4.87 bp | 10.7 bp −$11 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0312% | 1h | 0.3555 | +0.155% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERPlong | −0.0083% | 1h | 0.3549 | long leg | $93K | $259K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3558 | +0.238% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3553 | +0.091% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.395% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3587 | +1.068% | $26K | $177K | 10x | as long as short |
| Variational Omni CRV | +0.0094% | 8h | 0.3552 | +0.069% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3551 | +0.048% | $377K | $701K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3554 | +0.141% | $20.7M | $16.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3552 | +0.065% | $126K | $193K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
dYdX CRV-USD
Injective CRV/USDC PERP
Phoenix CRV
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 | 0.3550 | +0.010% | $360K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3548 | −0.042% | $24.5M | $56.2M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3544 | −0.155% | $26.6M | $18.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3546 | −0.099% | $8.6M | $19.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3550 | +0.014% | $1.8M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3549 | −0.014% | $12.8M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3551 | +0.042% | $5.9M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3551 | +0.042% | $6.6M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3549 | −0.014% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3581 | +0.886% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +1.141% | $504K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3582 | +0.916% | $54K | $682K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3556 | +0.183% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3620 | +1.986% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USDshort | +0.0104% | 1h | 0.3547 | −0.083% | $252K | $497K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3555 | +0.149% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3553 | +0.099% | $1.3M | $3.9M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3557 | +0.208% | $208K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3559 | +0.268% | $360K | $4.2M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0684% | 1h | 0.3558 | +0.234% | $3.0M | $2.6M | 50x | 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
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD