Funding you earn now, next payment 01:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h +0.068%
Price spread now: edgeX against Phoenix−0.424%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$870.868% of the position
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 3 days (all we have)+0.371%+$37 · spread now −0.424%, 7d avg −0.064%
=Together, before fees+0.978%+ Points / potential airdropedgeX: Active · farm board+$98 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.360% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.424% now, against its 7-day average of −0.064%). If the spread goes back, that is −$36 on $10k: about 7.2 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRV | 0.3628 | −0.0066 | get 0.0008% / 1h | 50m 27s | $26K | $162K | 10x |
| Short | edgeX CRVUSDC | 0.3613 | 0.0100 | get 0.0050% / 4h | 2h 50m | $37K | $173K | 20x |
Phoenix CRV
edgeX CRVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $34.84
- Price spread: −0.424% → −0.064%
- −$36.04
- Slippage, 4 orders
- −$70.8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$88
- Costs to cover
- 0.868%
- Break-even
- 24.7 days
Slippage from Phoenix: live order book, 11 min ago; edgeX: live order book, 16 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 Phoenix live order book, 11 min ago | 1.38 bp | 17.1 bp −$17 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 16 min ago | 21.82 bp | 26.3 bp −$26 | 66.8 bp −$668 | 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 | −0.0450% | 1h | 0.3618 | −0.287% | $52K | $699K | 50x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0301% | 1h | 0.3630 | +0.044% | $56K | $50K | 25x | as long as short |
| Phoenix CRVlong | −0.0066% | 1h | 0.3628 | long leg | $26K | $162K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3630 | +0.036% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3631 | +0.084% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.147% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3629 | +0.017% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3632 | +0.099% | $381K | $706K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3636 | +0.212% | $22.4M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3631 | +0.078% | $129K | $182K | 10x | as long as short |
ApeX Omni CRVUSDT
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
dYdX CRV-USD
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
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 | 0.3633 | +0.117% | $367K | $215K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3633 | +0.118% | $25.2M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3632 | +0.099% | $27.6M | $17.8M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3632 | +0.099% | $8.7M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3632 | +0.099% | $1.9M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3632 | +0.099% | $14.8M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3635 | +0.182% | $6.5M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3634 | +0.154% | $6.9M | $5.5M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3632 | +0.099% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3631 | +0.077% | $98K | $299K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | −0.123% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3613 | −0.424% | $37K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3619 | −0.249% | $508K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3661 | +0.898% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3631 | +0.077% | $237K | $676K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3628 | −0.011% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3623 | −0.149% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0291% | 1h | 0.3632 | +0.100% | $3.1M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3628 | −0.011% | $381K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0174% | 1h | 0.3628 | −0.009% | $216K | — | 100x | 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
Backpack CRV_USDC_PERP
Variational Omni CRV
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]