Funding you earn now, next payment 05:00 UTC−0.0045%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h −0.201%
Price spread now: Deribit against Phoenix−0.242%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.810%−$81 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.242% cheaper against Phoenix than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRV | 0.3595 | 0.0045 | pay 0.0006% / 1h | 59m 10s | $26K | $177K | 10x |
| Short | Deribit CRV_USDC-PERPETUAL | 0.3586 | 0 | get 0.0000% / 1h | 59m 10s | $54K | $45K | 25x |
Phoenix CRV
Deribit CRV_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Phoenix. 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
- −$9.38
- Price spread: −0.242% → 0.000%
- −$24.2
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$47.58
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 42 min ago; Deribit: no order-book sample. 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 Phoenix live order book, 42 min ago | 1.41 bp | 17.1 bp −$17 | 75.1 bp −$751 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3585 | −0.259% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0041% | 1h | 0.3593 | −0.058% | $94K | $214K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3585 | −0.262% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUALshort | 0.0000% | 1h | 0.3586 | −0.242% | $54K | $45K | 25x | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.095% | $79 | $384K | 12x | as long as short |
| Phoenix CRVlong | +0.0045% | 1h | 0.3595 | long leg | $26K | $177K | 10x | |
| Variational Omni CRV | +0.0065% | 8h | 0.3586 | −0.247% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3584 | −0.292% | $378K | $709K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3588 | −0.181% | $21.0M | $16.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3585 | −0.259% | $113K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Injective CRV/USDC PERP
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 | 0.3583 | −0.312% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3586 | −0.242% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3583 | −0.325% | $27.1M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3590 | −0.131% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3587 | −0.214% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3588 | −0.186% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3588 | −0.186% | $6.0M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3591 | −0.103% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3590 | −0.131% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3590 | −0.144% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3595 | +0.012% | $509K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3596 | +0.036% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3586 | −0.242% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | +2.011% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3586 | −0.243% | $253K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3585 | −0.256% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3587 | −0.214% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3594 | −0.019% | $356K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3587 | −0.227% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0558% | 1h | 0.3589 | −0.152% | $3.0M | $2.7M | 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-USDC
edgeX CRVUSDC
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