Funding you earn now, next payment 01:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h +0.060%
Price spread now: Pacifica against Coinbase International+0.139%7-day average −0.047% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 3 days (all we have)−0.122%−$12 · spread now +0.139%, 7d avg −0.047%
=Together, before fees−0.077%+ Points / potential airdropPacifica: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.185% dearer against Coinbase International than usual: you sell high and buy low (spread +0.139% now, against its 7-day average of −0.047%): +$19 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 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 | Coinbase International CRV-PERP-INTX | 0.3608 | 0.0376 | pay 0.0047% / 1h | 53m 30s | $378K | $4.6M | 50x |
| Short | Pacifica CRV | 0.3613 | 0.0100 | get 0.0013% / 1h | 53m 30s | $365K | $215K | 10x |
Coinbase International CRV-PERP-INTX
Pacifica CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Coinbase International. 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
- −$57.96
- Price spread: +0.139% → −0.047%
- $18.54
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$57.42
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 5 min ago; Pacifica: live order book, 15 min ago. Net counts fees only.
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 Coinbase International live order book, 5 min ago | 6.89 bp | 11.9 bp −$12 | 19.2 bp −$192 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 15 min ago | 17.65 bp | doesn't fit | 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 | −0.1519% | 1h | 0.3634 | +0.721% | $52K | $698K | 50x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.1135% | 1h | 0.3606 | −0.055% | $55K | $50K | 25x | as long as short |
| Phoenix CRV | −0.0087% | 1h | 0.3642 | +0.937% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3600 | −0.223% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0040% | 1h | 0.3610 | +0.053% | $97K | $299K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3609 | +0.020% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.718% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3606 | −0.055% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3611 | +0.091% | $379K | $706K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3614 | +0.180% | $22.2M | $16.7M | 10x | as long as short |
ApeX Omni CRVUSDT
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Injective 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 CRVUSDT | +0.0100% | 8h | 0.3610 | +0.055% | $128K | $182K | 10x | as long as short |
| Pacifica CRVshort | +0.0100% | 1h | 0.3613 | +0.139% | $365K | $215K | 10x | |
| Binance CRVUSDT | +0.0100% | 8h | 0.3616 | +0.218% | $25.1M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3616 | +0.222% | $27.4M | $17.8M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3616 | +0.222% | $8.7M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3615 | +0.194% | $1.9M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3613 | +0.139% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3610 | +0.055% | $6.4M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3617 | +0.249% | $6.8M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3616 | +0.222% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3595 | −0.362% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3631 | +0.626% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3608 | +0.009% | $506K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3645 | +1.025% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3614 | +0.157% | $236K | $702K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3604 | −0.100% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3602 | −0.166% | $1.4M | $4.0M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0293% | 1h | 0.3613 | +0.131% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTXlong | +0.0376% | 1h | 0.3608 | long leg | $378K | $4.6M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0174% | 1h | 0.3602 | −0.157% | $214K | — | 100x | as long as short |
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
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]