Funding you earn now, next payment 01:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.068%
Price spread now: Pacifica against Phoenix−0.459%47s7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 4 days (all we have)−0.956%−$96 · spread now −0.459%, 7d avg +0.029%
=Together, before fees−0.349%+ Points / potential airdropPacifica: Active · farm board−$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.488% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.459% now, against its 7-day average of +0.029%). If the spread goes back, that is −$49 on $10k: about 9.8 days of funding at the current rate (+$5 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRV | 0.3653 | −0.0066 | get 0.0008% / 1h | 7m 46s | $26K | $162K | 10x |
| Short | Pacifica CRV | 0.3636 | 0.0100 | get 0.0013% / 1h | 7m 46s | $369K | $198K | 10x |
Phoenix CRV
Pacifica CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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: −0.459% → +0.029%
- −$48.8
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$28.96
- Costs to cover
- 0.150%
- Break-even
- 12.8 days
Slippage unknown: Phoenix: live order book, 54 min ago; Pacifica: live order book, 61 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 Phoenix live order book, 54 min ago | 1.38 bp | 17.1 bp −$17 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 61 min ago | 17.65 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CRV on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRVlong | −0.0066% | 1h | 0.3653 | long leg | $26K | $162K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3639 | −0.375% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3637 | −0.420% | $37K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3645 | −0.208% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.476% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3644 | −0.235% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3651 | −0.038% | $384K | $715K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3659 | +0.181% | $22.3M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3651 | −0.040% | $130K | $182K | 10x | as long as short |
| Pacifica CRVshort | +0.0100% | 1h | 0.3636 | −0.459% | $369K | $198K | 10x |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3655 | +0.066% | $25.2M | $55.2M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3655 | +0.066% | $27.9M | $17.8M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3655 | +0.066% | $8.8M | $20.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3654 | +0.038% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3654 | +0.038% | $14.8M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3652 | −0.016% | $6.3M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3656 | +0.093% | $6.8M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3655 | +0.066% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3657 | +0.115% | $98K | $300K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3648 | −0.130% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3648 | −0.121% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3649 | −0.097% | $514K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3651 | −0.044% | $53K | $688K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3694 | +1.133% | $988 | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3653 | +0.015% | $238K | $478K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3646 | −0.182% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0289% | 1h | 0.3656 | +0.084% | $3.1M | $2.7M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3652 | −0.016% | $382K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0458% / S −0.0206% | 1h | 0.3644 | −0.246% | $232K | — | 100x | as long as short |
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
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]