Funding you earn now, next payment 09:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h +0.056%
Price spread now: Backpack against Gate+0.042%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.015%−$2 · spread now +0.042%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.090%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRV_USDT | 0.3599 | 0.0100 | pay 0.0100% / 8h | 7h 12m | $1.9M | $1.2M | 50x |
| Short | Backpack CRV_USDC_PERP | 0.3600 | 0.0013 | get 0.0002% / 1h | 12m 08s | $94K | $252K | 10x |
Gate CRV_USDT
Backpack CRV_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Gate. 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
- −$18.37
- Price spread: +0.042% → +0.037%
- $0.49
- Slippage, 4 orders
- −$50.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$93.21
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Gate: live order book, just now; Backpack: live order book, 21 min ago.
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 Gate live order book, just now | 4.17 bp | 27.0 bp −$27 | 151.0 bp −$1,510 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 21 min ago | 1.54 bp | 7.8 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 | 0.3593 | −0.155% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0041% | 8h | 0.3601 | +0.055% | $1.1M | $106K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3603 | +0.103% | $26K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3600 | +0.028% | $40K | $13K | 10x | as long as short |
| Backpack CRV_USDC_PERPshort | +0.0013% | 1h | 0.3600 | +0.042% | $94K | $252K | 10x | |
| Deribit CRV_USDC-PERPETUAL | +0.0028% | 1h | 0.3598 | −0.028% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.973% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDT | +0.0033% | 8h | 0.3594 | −0.139% | $27.0M | $19.1M | 75x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3598 | −0.017% | $379K | $687K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3600 | +0.028% | $115K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Bybit CRVUSDT
Lighter 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 | 0.3598 | −0.017% | $363K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3598 | −0.028% | $24.9M | $56.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3596 | −0.083% | $8.7M | $20.3M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3599 | long leg | $1.9M | $1.2M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3598 | −0.028% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3600 | +0.028% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3599 | 0.000% | $6.8M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3597 | −0.056% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3604 | +0.126% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3600 | +0.026% | $503K | $416K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3604 | +0.139% | $52K | $655K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3599 | 0.000% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | +1.889% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3597 | −0.049% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0112% | 1h | 0.3596 | −0.087% | $256K | $513K | 25x | as long as short |
| Hyperliquid CRV | +0.0122% | 1h | 0.3604 | +0.153% | $21.4M | $16.8M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3594 | −0.139% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3604 | +0.139% | $355K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3597 | −0.048% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0663% | 1h | 0.3603 | +0.108% | $3.0M | $2.5M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
Extended CRV-USD
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD