Funding you earn now, next payment 06:00 UTC+0.0145%/8h= +15.8% APRpaid last 24h +0.060%
Price spread now: SunX against Phoenix+1.851%69s7-day average +0.448% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.595%+$60 on $10k
+Price spread, last 4 days (all we have)−1.676%−$168 · spread now +1.851%, 7d avg +0.448%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and SunX is 1.402% dearer against Phoenix than usual: you sell high and buy low: +$140 more if the spread goes back to its 7-day average of +0.448%. The two prices were read 69 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 | 0.3572 | −0.0045 | get 0.0006% / 1h | 36m 16s | $25K | $187K | 10x |
| Short | SunX CRV-USDT | 0.3638 | 0.0100 | get 0.0100% / 8h | 1h 36m | $2K | $1.3M | 20x |
Phoenix CRV
SunX CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $30.37
- Price spread: +1.851% → +0.448%
- $140.21
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $155.59
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Phoenix: live order book, 65 min ago; SunX: live order book, 8 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, 65 min ago | 1.41 bp | 17.1 bp −$17 | 75.1 bp −$751 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 314.64 bp | doesn't fit | 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 | 0.3559 | −0.349% | $15 | — | 15x | as long as short |
| Phoenix CRVlong | −0.0045% | 1h | 0.3572 | long leg | $25K | $187K | 10x | |
| Backpack CRV_USDC_PERP | −0.0037% | 1h | 0.3571 | −0.036% | $95K | $215K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3563 | −0.249% | $54K | $45K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3566 | −0.160% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.746% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0054% | 8h | 0.3570 | −0.057% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3563 | −0.255% | $376K | $714K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3562 | −0.272% | $20.8M | $16.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3565 | −0.190% | $114K | $195K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
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 | 0.3565 | −0.198% | $362K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3565 | −0.193% | $24.6M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3561 | −0.305% | $26.9M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3566 | −0.165% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3564 | −0.221% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3564 | −0.221% | $12.5M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3564 | −0.221% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3565 | −0.193% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3563 | −0.249% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | −0.097% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3576 | +0.128% | $506K | $435K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3576 | +0.115% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3563 | −0.249% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDTshort | +0.0100% | 8h | 0.3638 | +1.851% | $2K | $1.3M | 20x | |
| Extended CRV-USD | +0.0104% | 1h | 0.3564 | −0.232% | $251K | $506K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3564 | −0.219% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3569 | −0.081% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3570 | −0.053% | $352K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3563 | −0.239% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0561% | 1h | 0.3569 | −0.075% | $3.0M | $2.8M | 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
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD