Funding you earn now, next payment 01:00 UTC+0.0166%/8h= +18.2% APRpaid last 24h +0.068%
Price spread now: Aster against Phoenix+0.461%75s7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1021.024% of the position
Funding, last 7 days+0.607%+$61 on $10k
+Price spread, last 4 days (all we have)−1.909%−$191 · spread now +0.461%, 7d avg +0.028%
=Together, before fees−1.302%+ Points / potential airdropAster: Stage 5 · farm board−$130 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Aster is 0.433% dearer against Phoenix than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.028%. The two prices were read 75 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 | Phoenix CRV | 0.3654 | −0.0066 | get 0.0008% / 1h | 2m 05s | $26K | $162K | 10x |
| Short | Aster CRVUSDT | 0.3671 | 0.0100 | get 0.0100% / 8h | 6h 02m | $131K | $182K | 10x |
Phoenix CRV
Aster CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- $34.84
- Price spread: +0.461% → +0.028%
- $43.27
- Slippage, 4 orders
- −$87.42
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.31
- Costs to cover
- 1.024%
- Break-even
- 11.9 days
Slippage from Phoenix: live order book, 59 min ago; Aster: live order book, 64 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 Phoenix live order book, 59 min ago | 1.38 bp | 17.1 bp −$17 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Aster live order book, 64 min ago | 27.25 bp | 31.2 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
CRV on 29 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 CRVlong | −0.0066% | 1h | 0.3654 | long leg | $26K | $162K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3669 | +0.411% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3665 | +0.299% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3672 | +0.482% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.427% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3671 | +0.454% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3671 | +0.460% | $386K | $716K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3676 | +0.597% | $22.4M | $15.1M | 10x | as long as short |
| Aster CRVUSDTshort | +0.0100% | 8h | 0.3671 | +0.461% | $131K | $182K | 10x | |
| Pacifica CRV | +0.0100% | 1h | 0.3666 | +0.325% | $372K | $198K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Pacifica CRVShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3672 | +0.476% | $25.3M | $54.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3671 | +0.454% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3672 | +0.482% | $8.8M | $20.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3670 | +0.427% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3671 | +0.454% | $14.8M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3672 | +0.482% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3673 | +0.509% | $6.9M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3671 | +0.454% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3676 | +0.583% | $98K | $299K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3651 | −0.097% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3651 | −0.086% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3649 | −0.136% | $514K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3655 | +0.016% | $53K | $689K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3725 | +1.932% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3670 | +0.430% | $240K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3671 | +0.454% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0288% | 1h | 0.3676 | +0.587% | $3.1M | $2.6M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3677 | +0.618% | $386K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0461% / S −0.0207% | 1h | 0.3672 | +0.483% | $234K | — | 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
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]