CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h +0.007%

Price spread now: Reya against Phoenix+0.437%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Reya

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Reya is 0.437% dearer against Phoenix than usual: you sell high and buy low (spread +0.437% now, against zero (this spread has no 7-day history yet)): +$44 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 56 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix CRV	0.3534	−0.0022	get 0.0003% / 1h	30m 38s	$25K	$171K	10x
Short	Reya CRVRUSDPERP	0.3550	−0.0048	pay 0.0006% / 1h	30m 38s	$15	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ReyabpOrdersPrice spread, now +0.437%Rate

Funding earned: −$5.43
Price spread: +0.437% → 0.000%: $43.72
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Reya: 3 bp × 2 orders: −$6
Net: $25.29
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Phoenix: live order book, 9 min ago; Reya: 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, 9 min ago	1.40 bp	17.1 bp −$17	74.7 bp −$747	doesn't fit	doesn't fit
Sell Reya no order-book sample	—	—	—	—	—

Reya: 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 exchanges

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
Backpack CRV_USDC_PERP	−0.0150%	1h	0.3555	+0.600%	$92K	$215K	10x	as long as short
Variational Omni CRV	−0.0128%	8h	0.3549	+0.409%	$1.1M	$129K	—	as long as short
Reya CRVRUSDPERPshort	−0.0048%	1h	0.3550	+0.437%	$15	—	15x
Phoenix CRVlong	−0.0022%	1h	0.3534	long leg	$25K	$171K	10x
dYdX CRV-USD	0.0000%	1h	0.3561	+0.762%	$40K	$13K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	0.0000%	1h	0.3554	+0.560%	$54K	$45K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+3.842%	$79	$384K	12x	as long as short
Lighter CRV	+0.0096%	1h	0.3561	+0.770%	$378K	$604K	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3562	+0.790%	$139K	$129K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3563	+0.801%	$360K	$191K	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRVUSDT	+0.0100%	8h	0.3562	+0.790%	$24.6M	$51.2M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3558	+0.673%	$26.6M	$18.1M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3558	+0.673%	$8.5M	$18.4M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3562	+0.787%	$1.8M	$1.1M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3560	+0.730%	$12.1M	$5.2M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3561	+0.758%	$6.3M	$8.3M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3563	+0.815%	$6.7M	$4.2M	75x	as long as short
BingX CRV-USDC	+0.0100%	8h	0.3560	+0.730%	—	$1.6M	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3535	+0.021%	$36K	$172K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3544	+0.271%	$503K	$377K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3549	+0.419%	$51K	$659K	50x	as long as short
Orderly PERP_CRV_USDC	+0.0100%	8h	0.3554	+0.560%	$24K	$850	10x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3640	+2.994%	$1K	$1.2M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3558	+0.670%	$250K	$524K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3553	+0.537%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3551	+0.475%	$1.3M	$3.5M	75x	as long as short
Coinbase International CRV-PERP-INTX	+0.0392%	1h	0.3551	+0.475%	$354K	$3.9M	50x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0413% / S −0.0178%	1h	0.3553	+0.535%	$208K	—	100x	as long as short
Hyperliquid CRV	+0.0449%	1h	0.3565	+0.871%	$21.2M	$15.9M	10x	as long as short
Kraken Futures PF_CRVUSD	+0.0663%	1h	0.3557	+0.637%	$3.0M	$2.1M	50x	as long as short