CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.36 per $10,000 · paid last 24h −0.061%

Price spread now: Coinbase International against Pacifica+0.064%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$101as in the Price arb table

costs, in and out, $10k−$1031.033% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.053%−$5 on $10k

Price spread, last 3 days (all we have)−0.082%−$8 · spread now +0.064%, 7d avg +0.044%

Together, before fees−0.135%+ Points / potential airdropPacifica: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.053% in total (about -2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica CRV	0.3649	0.0100	pay 0.0013% / 1h	25m 06s	$368K	$208K	10x
Short	Coinbase International CRV-PERP-INTX	0.3651	0.0384	get 0.0048% / 1h	25m 06s	$381K	$4.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +0.064%Rate

Funding earned: $59.64
Price spread: +0.064% → +0.044%: $1.91
Slippage, 4 orders: −$85.26
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$41.71
Costs to cover: 1.033%
Break-even: 11.9 days

Slippage from Pacifica: live order book, 53 min ago; Coinbase International: live order book, 4 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 Pacifica live order book, 53 min ago	17.80 bp	23.7 bp −$24	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 4 min ago	6.82 bp	11.8 bp −$12	18.4 bp −$184	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
Deribit CRV_USDC-PERPETUAL	−0.0298%	1h	0.3648	−0.019%	$56K	$49K	25x	as long as short
Injective CRV/USDC PERP	−0.0146%	1h	0.3670	+0.584%	$79	$384K	12x	as long as short
Phoenix CRV	−0.0108%	1h	0.3665	+0.445%	$26K	$176K	10x	as long as short
Reya CRVRUSDPERP	−0.0049%	1h	0.3647	−0.044%	$16	—	15x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3653	+0.106%	$38K	$5K	10x	as long as short
Orderly PERP_CRV_USDC	+0.0096%	8h	0.3649	+0.009%	$24K	$929	10x	as long as short
Lighter CRV	+0.0096%	1h	0.3650	+0.025%	$413K	$736K	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3651	+0.075%	$130K	$186K	10x	as long as short
Pacifica CRVlong	+0.0100%	1h	0.3649	long leg	$368K	$208K	10x
Binance CRVUSDT	+0.0100%	8h	0.3648	−0.020%	$25.6M	$56.4M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRVUSDT	+0.0100%	8h	0.3648	−0.019%	$27.7M	$17.3M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3647	−0.046%	$8.8M	$21.5M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3651	+0.064%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3649	+0.009%	$14.4M	$5.3M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3653	+0.118%	$7.3M	$9.2M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3652	+0.091%	$6.9M	$5.6M	75x	as long as short
BingX CRV-USDC	+0.0100%	8h	0.3649	+0.009%	—	$1.7M	—	as long as short
Variational Omni CRV	+0.0100%	8h	0.3658	+0.258%	$1.1M	$110K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3665	+0.442%	$38K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3665	+0.459%	$518K	$419K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3667	+0.502%	$60K	$698K	50x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3664	+0.420%	$1K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3647	−0.037%	$243K	$883K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3649	+0.009%	$19K	$9K	3x	as long as short
Kraken Futures PF_CRVUSD	+0.0157%	1h	0.3655	+0.169%	$3.1M	$2.9M	50x	as long as short
Hyperliquid CRV	+0.0218%	1h	0.3654	+0.146%	$22.7M	$16.6M	10x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3645	−0.101%	$1.4M	$4.4M	75x	as long as short
Coinbase International CRV-PERP-INTXshort	+0.0384%	1h	0.3651	+0.064%	$381K	$4.7M	50x
GMX CRV/USD [ETH-USDC]	L +0.0436% / S −0.0186%	1h	0.3650	+0.034%	$229K	—	100x	as long as short
Backpack CRV_USDC_PERP	+0.0583%	1h	0.3651	+0.064%	$106K	$305K	10x	as long as short