CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0585%/8h= +64.1% APRnext payment +$0.73 per $10,000 · paid last 24h +0.106%

Price spread now: Backpack against Reya−0.088%7-day average — · you buy dearer than you sell

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

Long on Reya Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. Backpack is 0.088% cheaper against Reya than usual: you would sell low and buy high (spread −0.088% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 12 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya CRVRUSDPERP	0.3670	−0.0048	get 0.0006% / 1h	16m 57s	$16	—	15x
Short	Backpack CRV_USDC_PERP	0.3667	0.0537	get 0.0067% / 1h	16m 57s	$99K	$295K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Reya. 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 ReyabpFee BackpackbpOrdersPrice spread, now −0.088%Rate

Funding earned: $122.87
Price spread: −0.088% → 0.000%: −$8.84
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: $98.03
Costs to cover: 0.160%
Break-even: 1.4 days

Slippage unknown: Reya: no order-book sample; Backpack: live order book, 56 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 Reya no order-book sample	—	—	—	—	—
Sell Backpack live order book, 56 min ago	0.96 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

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 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 CRV	−0.0087%	1h	0.3676	+0.165%	$26K	$168K	10x	as long as short
Reya CRVRUSDPERPlong	−0.0048%	1h	0.3670	long leg	$16	—	15x
Deribit CRV_USDC-PERPETUAL	−0.0023%	1h	0.3664	−0.162%	$56K	$50K	25x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3673	+0.077%	$38K	$5K	10x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+0.002%	$79	$384K	12x	as long as short
Kraken Futures PF_CRVUSD	+0.0088%	1h	0.3669	−0.013%	$3.1M	$2.8M	50x	as long as short
Lighter CRV	+0.0096%	1h	0.3665	−0.129%	$409K	$727K	10x	as long as short
Orderly PERP_CRV_USDC	+0.0096%	8h	0.3665	−0.135%	$24K	$929	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3666	−0.108%	$130K	$182K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3672	+0.046%	$374K	$211K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRVUSDT	+0.0100%	8h	0.3668	−0.053%	$25.6M	$55.9M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3668	−0.053%	$28.0M	$17.5M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3666	−0.107%	$8.8M	$21.4M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3666	−0.107%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3666	−0.107%	$15.1M	$5.2M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3669	−0.026%	$6.6M	$9.2M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3669	−0.026%	$6.9M	$5.6M	75x	as long as short
BingX CRV-USDT	+0.0100%	8h	0.3666	−0.107%	—	$23.6M	—	as long as short
Variational Omni CRV	+0.0100%	8h	0.3668	−0.056%	$1.1M	$113K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3669	−0.029%	$38K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3670	−0.010%	$518K	$417K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3670	+0.002%	$53K	$698K	50x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3709	+1.064%	$2K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3667	−0.088%	$247K	$893K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3664	−0.150%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3665	−0.135%	$1.4M	$4.3M	75x	as long as short
Hyperliquid CRV	+0.0300%	1h	0.3671	+0.021%	$22.8M	$16.5M	10x	as long as short
Coinbase International CRV-PERP-INTX	+0.0384%	1h	0.3670	+0.002%	$383K	$4.7M	50x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0417% / S −0.0174%	1h	0.3665	−0.134%	$218K	—	100x	as long as short
Backpack CRV_USDC_PERPshort	+0.0537%	1h	0.3667	−0.088%	$99K	$295K	10x