Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h +0.068%
Price spread now: Extended against Phoenix−0.072%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$760.761% of the position
Funding, last 7 days+0.580%+$58 on $10k
+Price spread, last 4 days (all we have)−0.540%−$54 · spread now −0.072%, 7d avg −0.077%
=Together, before fees+0.040%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRV | 0.3631 | 0 | get 0.0000% / 1h | 27m 30s | $26K | $168K | 10x |
| Short | Extended CRV-USD | 0.3629 | 0.0104 | get 0.0013% / 1h | 27m 30s | $238K | $477K | 25x |
Phoenix CRV
Extended CRV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $21.84
- Price spread: −0.072% → −0.077%
- $0.52
- Slippage, 4 orders
- −$64.13
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$53.77
- Costs to cover
- 0.761%
- Break-even
- 24.2 days
Slippage from Phoenix: live order book, 24 min ago; Extended: live order book, 30 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, 24 min ago | 1.39 bp | 16.9 bp −$17 | 74.7 bp −$747 | doesn't fit | doesn't fit |
| Sell Extended live order book, 30 min ago | 7.04 bp | 16.9 bp −$17 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3625 | −0.174% | $16 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0008% | 1h | 0.3625 | −0.171% | $99K | $297K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3627 | −0.106% | $37K | $7K | 10x | as long as short |
| Phoenix CRVlong | 0.0000% | 1h | 0.3631 | long leg | $26K | $168K | 10x | |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3623 | −0.226% | $55K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.069% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3628 | −0.085% | $382K | $707K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3624 | −0.198% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3630 | −0.019% | $22.0M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3627 | −0.122% | $129K | $180K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3629 | −0.072% | $368K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3628 | −0.077% | $24.9M | $54.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3625 | −0.171% | $27.4M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3627 | −0.116% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3629 | −0.061% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3626 | −0.143% | $14.0M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3628 | −0.088% | $6.2M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3629 | −0.061% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3626 | −0.143% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3625 | −0.174% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3628 | −0.089% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | −0.045% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3639 | +0.215% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3673 | +1.151% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USDshort | +0.0104% | 1h | 0.3629 | −0.072% | $238K | $477K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3623 | −0.221% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3633 | +0.050% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3631 | −0.006% | $381K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3623 | −0.218% | $212K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0698% | 1h | 0.3626 | −0.137% | $3.1M | $2.5M | 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
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD