Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.055%
Price spread now: ApeX Omni against Backpack−0.563%84s7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$510.515% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 4 days (all we have)+1.819%+$182 · spread now −0.563%, 7d avg −0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.546% cheaper against Backpack than usual: you would sell low and buy high, −$55 on $10k if it goes back to its 7-day average of −0.017%. The two prices were read 84 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 | Backpack CRV_USDC_PERP | 0.3676 | 0.0100 | pay 0.0013% / 1h | 1m 48s | $98K | $299K | 10x |
| Short | ApeX Omni CRVUSDT | 0.3655 | 0.0100 | get 0.0013% / 1h | 1m 48s | $53K | $689K | 50x |
Backpack CRV_USDC_PERP
ApeX Omni CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Backpack. 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
- $0
- Price spread: −0.563% → −0.017%
- −$54.65
- Slippage, 4 orders
- −$31.47
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$106.12
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 2 min ago; ApeX Omni: 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 Backpack live order book, 2 min ago | 0.14 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 67 min ago | 6.78 bp | 16.9 bp −$17 | 98.2 bp −$982 | 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 CRV | −0.0066% | 1h | 0.3654 | −0.579% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3669 | −0.171% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3665 | −0.282% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3672 | −0.101% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.155% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3671 | −0.128% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3661 | −0.392% | $385K | $717K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3671 | −0.136% | $22.4M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3673 | −0.069% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3666 | −0.257% | $372K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3669 | −0.170% | $25.3M | $54.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3667 | −0.237% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3666 | −0.264% | $8.8M | $20.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3670 | −0.155% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.182% | $14.8M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3671 | −0.128% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3669 | −0.182% | $6.9M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3670 | −0.155% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERPlong | +0.0100% | 1h | 0.3676 | long leg | $98K | $299K | 10x | |
| Variational Omni CRV | +0.0100% | 8h | 0.3651 | −0.676% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3651 | −0.665% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3649 | −0.714% | $514K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDTshort | +0.0100% | 1h | 0.3655 | −0.563% | $53K | $689K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3725 | +1.341% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3669 | −0.192% | $240K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3671 | −0.128% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0288% | 1h | 0.3676 | +0.004% | $3.1M | $2.6M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3677 | +0.035% | $386K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0461% / S −0.0207% | 1h | 0.3672 | −0.099% | $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-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]