Funding you earn now, next payment 01:00 UTC+0.0088%/8h= +9.7% APRnext payment +$0.11 per $10,000 · paid last 24h −0.068%
Price spread now: Phoenix against ApeX Omni+0.685%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs+$6as in the Price arb table
costs, in and out, $10k−$660.660% of the position
Funding, last 7 days−0.588%−$59 on $10k
+Price spread, last 4 days (all we have)−0.554%−$55 · spread now +0.685%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Phoenix is 0.717% dearer against ApeX Omni than usual: you sell high and buy low: +$72 more if the spread goes back to its 7-day average of −0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.588%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRVUSDT | 0.3650 | −0.0154 | get 0.0019% / 1h | 54m 46s | $53K | $688K | 50x |
| Short | Phoenix CRV | 0.3675 | −0.0066 | pay 0.0008% / 1h | 54m 46s | $26K | $168K | 10x |
ApeX Omni CRVUSDT
Phoenix CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. 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
- $18.58
- Price spread: +0.685% → −0.032%
- $71.74
- Slippage, 4 orders
- −$49.04
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $24.28
- Costs to cover
- 0.660%
- Break-even
- from the start
Slippage from ApeX Omni: live order book, 9 min ago; Phoenix: live order book, 67 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 ApeX Omni live order book, 9 min ago | 8.20 bp | 16.1 bp −$16 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 67 min ago | 1.38 bp | 17.1 bp −$17 | 63.7 bp −$637 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDTlong | −0.0154% | 1h | 0.3650 | long leg | $53K | $688K | 50x | |
| Phoenix CRVshort | −0.0066% | 1h | 0.3675 | +0.685% | $26K | $168K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3662 | +0.340% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3664 | +0.384% | $56K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3663 | +0.350% | $38K | $7K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.548% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3665 | +0.411% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3661 | +0.299% | $385K | $703K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3665 | +0.416% | $22.3M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3669 | +0.517% | $131K | $180K | 10x | as long as short |
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3660 | +0.287% | $371K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3661 | +0.293% | $25.3M | $54.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3662 | +0.329% | $27.8M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3658 | +0.219% | $8.8M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3667 | +0.466% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3660 | +0.274% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3664 | +0.384% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3663 | +0.356% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3664 | +0.384% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3668 | +0.485% | $97K | $268K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3686 | +0.983% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3653 | +0.089% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3657 | +0.196% | $515K | $416K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3712 | +1.699% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3664 | +0.373% | $243K | $474K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3664 | +0.389% | $13K | $6K | 3x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3686 | +0.986% | $387K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0370% | 1h | 0.3669 | +0.525% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0435% / S −0.0188% | 1h | 0.3668 | +0.482% | $222K | — | 100x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]