Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%
Price spread now: Backpack against Variational Omni+0.023%7-day average +0.100% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)−1.238%−$124 · spread now +0.023%, 7d avg +0.100%
=Together, before fees−1.009%+ Points / potential airdropVariational Omni: Active · farm board−$101 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.077% cheaper against Variational Omni than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.100%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRV | 0.3651 | 0.0100 | pay 0.0100% / 8h | 5h 45m | $1.1M | $101K | — |
| Short | Backpack CRV_USDC_PERP | 0.3652 | 0.0100 | get 0.0013% / 1h | 45m 28s | $100K | $287K | 10x |
Variational Omni CRV
Backpack CRV_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Variational Omni. 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
- $0
- Price spread: +0.023% → +0.100%
- −$7.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$17.7
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Backpack: live order book, 18 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 Variational Omni RFQ quote, 4 min ago | 5.48 bp | doesn't fit | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 18 min ago | 0.14 bp | 7.0 bp −$7 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3648 | −0.081% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3646 | −0.136% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3644 | −0.207% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3655 | +0.100% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.510% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3654 | +0.072% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3641 | −0.284% | $384K | $704K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3653 | +0.031% | $22.1M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3641 | −0.293% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3642 | −0.254% | $370K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
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 | 0.3647 | −0.119% | $25.2M | $54.2M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3644 | −0.202% | $27.6M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3645 | −0.174% | $8.8M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3643 | −0.229% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3645 | −0.174% | $14.6M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3645 | −0.174% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3648 | −0.092% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3646 | −0.147% | — | $1.7M | — | as long as short |
| Backpack CRV_USDC_PERPshort | +0.0100% | 1h | 0.3652 | +0.023% | $100K | $287K | 10x | |
| Variational Omni CRVlong | +0.0100% | 8h | 0.3651 | long leg | $1.1M | $101K | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3642 | −0.264% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3643 | −0.231% | $514K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3651 | −0.010% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3694 | +1.168% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3646 | −0.145% | $242K | $475K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3655 | +0.109% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3638 | −0.366% | — | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3651 | −0.010% | $381K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0371% | 1h | 0.3658 | +0.173% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0435% / S −0.0189% | 1h | 0.3654 | +0.073% | $221K | — | 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-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]