Funding you earn now, next payment 08:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h −0.055%
Price spread now: Phoenix against edgeX+0.068%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$800.795% of the position
Funding, last 7 days−0.591%−$59 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.068%, 7d avg +0.065%
=Together, before fees−0.568%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRVUSDC | 0.3559 | 0.0100 | pay 0.0050% / 4h | 3h 22m | $37K | $174K | 20x |
| Short | Phoenix CRV | 0.3562 | −0.0022 | pay 0.0003% / 1h | 22m 55s | $25K | $190K | 10x |
edgeX CRVUSDC
Phoenix CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- −$25.7
- Price spread: +0.068% → +0.065%
- $0.3
- Slippage, 4 orders
- −$63.52
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$104.92
- Costs to cover
- 0.795%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 9 min ago; Phoenix: live order book, 3 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 edgeX live order book, 9 min ago | 22.51 bp | 27.0 bp −$27 | 69.9 bp −$699 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 1.13 bp | 12.8 bp −$13 | 44.1 bp −$441 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.0176% | 8h | 0.3584 | +0.695% | $27.0M | $19.6M | 75x | as long as short |
| Variational Omni CRV | −0.0049% | 8h | 0.3550 | −0.266% | $1.1M | $106K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3584 | +0.693% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0043% | 1h | 0.3591 | +0.897% | $91K | $255K | 10x | as long as short |
| Phoenix CRVshort | −0.0022% | 1h | 0.3562 | +0.068% | $25K | $190K | 10x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3562 | +0.072% | $40K | $13K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3588 | +0.807% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.111% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3587 | +0.790% | $379K | $684K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3590 | +0.863% | $21.1M | $16.3M | 10x | as long as short |
Bybit CRVUSDT
Variational Omni CRV
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
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 | 0.3587 | +0.784% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3580 | +0.585% | $361K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3586 | +0.758% | $24.7M | $57.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3586 | +0.751% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3586 | +0.751% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3586 | +0.751% | $12.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3587 | +0.779% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3587 | +0.779% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3586 | +0.751% | — | $23.5M | — | as long as short |
| edgeX CRVUSDClong | +0.0100% | 4h | 0.3559 | long leg | $37K | $174K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3562 | +0.076% | $497K | $432K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3558 | −0.036% | $52K | $656K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3587 | +0.779% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | +3.027% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3584 | +0.697% | $255K | $513K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3588 | +0.805% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3588 | +0.807% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3591 | +0.891% | $360K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3588 | +0.806% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0665% | 1h | 0.3591 | +0.892% | $3.0M | $2.8M | 50x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD