Settings8H · net · $10k
Funding arb · Price arb /

CRV

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRnext payment +$0.21 per $10,000 · paid last 24h +0.068%
Price spread now: Pacifica against Phoenix−0.353%47s7-day average +0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.605%+$61 on $10k
Price spread, last 4 days (all we have)−0.363%−$36 · spread now −0.353%, 7d avg +0.028%
Together, before fees+0.242%+ Points / potential airdropPacifica: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.381% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.353% now, against its 7-day average of +0.028%). If the spread goes back, that is −$38 on $10k: about 7.7 days of funding at the current rate (+$5 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix CRV0.3686−0.0065get 0.0008% / 1h12m 13s$26K$168K10x
ShortPacifica CRV0.36730.0100get 0.0013% / 1h12m 13s$373K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. 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

Funding earned
$34.72
Price spread: −0.353% → +0.028%
−$38.14
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.42
Costs to cover
0.150%
Break-even
10.7 days
Slippage unknown: Phoenix: live order book, 44 min ago; Pacifica: live order book, 51 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 44 min ago1.09 bp12.7 bp −$1351.7 bp −$517doesn't fitdoesn't fit
Sell Pacifica live order book, 51 min ago17.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRVlong−0.0065%1h0.3686long leg$26K$168K10x
Reya CRVRUSDPERP−0.0048%1h0.3670−0.438%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3672−0.400%$38K$7K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3670−0.448%$56K$48K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−0.448%$79$384K12xas long as short
Lighter CRV+0.0096%1h0.3664−0.610%$385K$709K10xas long as short
Orderly PERP_CRV_USDC+0.0097%8h0.3671−0.420%$24K$90210xas long as short
Hyperliquid CRV+0.0100%1h0.3669−0.469%$22.3M$15.0M10xas long as short
Aster CRVUSDT+0.0100%8h0.3673−0.376%$131K$180K10xas long as short
Pacifica CRVshort+0.0100%1h0.3673−0.353%$373K$198K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3665−0.580%$25.4M$53.6M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3662−0.665%$27.8M$17.6M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3663−0.637%$8.9M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3666−0.556%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3663−0.637%$14.6M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3665−0.583%$6.3M$8.7M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3666−0.556%$6.8M$5.1M75xas long as short
BingX CRV-USDT+0.0100%8h0.3663−0.637%$23.5Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3666−0.551%$100K$296K10xas long as short
Variational Omni CRV+0.0100%8h0.3680−0.182%$1.1M$102Kas long as short
edgeX CRVUSDC+0.0100%4h0.3684−0.072%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3690+0.086%$520K$429K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3683−0.095%$53K$685K50xas long as short
SunX CRV-USDT+0.0100%8h0.3693+0.176%$1K$1.2M20xas long as short
Extended CRV-USD+0.0104%1h0.3669−0.473%$240K$476K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3670−0.434%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3675−0.312%$1.4M$4.0M75xas long as short
Coinbase International CRV-PERP-INTX+0.0344%1h0.3666−0.556%$380K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0370%1h0.3669−0.485%$3.1M$2.5M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0420% / S −0.0178%1h0.3672−0.399%$214K100xas long as short