Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h +0.054%
Price spread now: Backpack against Aevo+0.206%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Backpack is 0.206% dearer against Aevo than usual: you sell high and buy low, +$21 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | Aevo CRV-PERP | 0.3632 | 0.0104 | pay 0.0013% / 1h | 49m 13s | $13K | $6K | 3x |
| Short | Backpack CRV_USDC_PERP | 0.3639 | 0.0100 | get 0.0013% / 1h | 49m 13s | $102K | $256K | 10x |
Aevo CRV-PERP
Backpack CRV_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aevo. 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
- −$0.84
- Price spread: +0.206% → 0.000%
- $20.65
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$6.19
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 4 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 4 min ago | 1.50 bp | 8.2 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Aevo: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3630 | −0.057% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3646 | +0.398% | $38K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3631 | −0.028% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.046% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3647 | +0.405% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3632 | 0.000% | $384K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3632 | 0.000% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3638 | +0.170% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3636 | +0.101% | $369K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3634 | +0.055% | $24.9M | $54.5M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3633 | +0.028% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3635 | +0.083% | $8.8M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3637 | +0.138% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3635 | +0.083% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3632 | 0.000% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3634 | +0.055% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3632 | 0.000% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERPshort | +0.0100% | 1h | 0.3639 | +0.206% | $102K | $256K | 10x | |
| Variational Omni CRV | +0.0100% | 8h | 0.3646 | +0.382% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3649 | +0.473% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3656 | +0.648% | $517K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3654 | +0.606% | $53K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3688 | +1.542% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3632 | −0.014% | $258K | $493K | 25x | as long as short |
| Aevo CRV-PERPlong | +0.0104% | 1h | 0.3632 | long leg | $13K | $6K | 3x | |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3631 | −0.028% | $1.4M | $4.1M | 75x | as long as short |
| Hyperliquid CRV | +0.0334% | 1h | 0.3638 | +0.173% | $22.0M | $14.9M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3632 | −0.002% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3661 | +0.798% | $388K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0724% | 1h | 0.3636 | +0.099% | $3.1M | $2.6M | 50x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD