Funding you earn now, next payment 04:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h +0.055%
Price spread now: Backpack against SunX−1.805%7-day average −0.343% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.032%+$3 on $10k
+Price spread, last 4 days (all we have)+1.677%+$168 · spread now −1.805%, 7d avg −0.343%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Backpack is 1.462% cheaper against SunX than usual: you would sell low and buy high (−$146 if the spread goes back to its 7-day average of −0.343%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CRV-USDT | 0.3678 | 0.0100 | pay 0.0100% / 8h | 4h 04m | $1K | $1.3M | 20x |
| Short | Backpack CRV_USDC_PERP | 0.3612 | 0.0056 | get 0.0007% / 1h | 4m 59s | $96K | $299K | 10x |
SunX CRV-USDT
Backpack CRV_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SunX. 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
- −$9.23
- Price spread: −1.805% → −0.343%
- −$146.22
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$173.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 9 min ago; Backpack: live order book, 53 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 SunX live order book, 9 min ago | 383.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 53 min ago | 1.38 bp | 8.2 bp −$8 | 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 | 0.3608 | −1.905% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3619 | −1.599% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3612 | −1.797% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3609 | −1.876% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.218% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERPshort | +0.0056% | 1h | 0.3612 | −1.805% | $96K | $299K | 10x | |
| Lighter CRV | +0.0096% | 1h | 0.3609 | −1.868% | $381K | $711K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3609 | −1.876% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3610 | −1.838% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3617 | −1.648% | $367K | $198K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3611 | −1.829% | $24.8M | $54.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3608 | −1.903% | $27.3M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3609 | −1.876% | $8.7M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3609 | −1.876% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3608 | −1.903% | $13.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3610 | −1.849% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3610 | −1.849% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3610 | −1.849% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3616 | −1.689% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3621 | −1.542% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | −1.394% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3621 | −1.550% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDTlong | +0.0100% | 8h | 0.3678 | long leg | $1K | $1.3M | 20x | |
| Extended CRV-USD | +0.0104% | 1h | 0.3608 | −1.890% | $237K | $473K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3610 | −1.838% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0137% | 1h | 0.3615 | −1.705% | $21.8M | $14.9M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3610 | −1.849% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3611 | −1.822% | $377K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3609 | −1.872% | $211K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0701% | 1h | 0.3612 | −1.789% | $3.1M | $2.6M | 50x | 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
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Extended CRV-USD
Aevo CRV-PERP
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD