CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0424%/8h= −46.4% APRnext payment −$0.53 per $10,000 · paid last 24h −0.103%

Price spread now: dYdX against Backpack+0.132%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.132% dearer against Backpack than usual: you sell high and buy low (spread +0.132% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack CRV_USDC_PERP	0.3619	0.0424	pay 0.0053% / 1h	11m 25s	$104K	$362K	10x
Short	dYdX CRV-USD	0.3624	0	get 0.0000% / 1h	11m 25s	$37K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Backpack. 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 BackpackbpFee dYdXbpOrdersPrice spread, now +0.132%Rate

Funding earned: −$88.99
Price spread: +0.132% → 0.000%: $13.24
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$95.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 12 min ago; dYdX: no order-book sample. Net counts fees only.

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, 12 min ago	0.14 bp	7.2 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0855%	1h	0.3617	−0.058%	$56K	$48K	25x	as long as short
Injective CRV/USDC PERP	−0.0103%	1h	0.3630	+0.301%	$78	$265K	12x	as long as short
Reya CRVRUSDPERP	−0.0049%	1h	0.3626	+0.200%	$16	—	15x	as long as short
dYdX CRV-USDshort	0.0000%	1h	0.3624	+0.132%	$37K	$4K	10x
Phoenix CRV	0.0000%	1h	0.3638	+0.533%	$26K	$193K	10x	as long as short
Orderly PERP_CRV_USDC	+0.0095%	8h	0.3618	−0.030%	$24K	$701	10x	as long as short
Lighter CRV	+0.0096%	1h	0.3620	+0.028%	$411K	$703K	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3623	+0.114%	$129K	$186K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3623	+0.117%	$373K	$173K	10x	as long as short
Binance CRVUSDT	+0.0100%	8h	0.3627	+0.218%	$25.4M	$58.2M	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	0.3626	+0.191%	$27.6M	$17.3M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3627	+0.218%	$8.6M	$22.4M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3624	+0.135%	$2.0M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3627	+0.218%	$14.5M	$5.7M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3627	+0.218%	$7.0M	$9.2M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3627	+0.218%	$6.9M	$5.8M	75x	as long as short
BingX CRV-USDC	+0.0100%	8h	0.3627	+0.218%	—	$1.7M	—	as long as short
Variational Omni CRV	+0.0100%	8h	0.3627	+0.214%	$1.1M	$152K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3633	+0.387%	$38K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3630	+0.301%	$506K	$450K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3633	+0.384%	$60K	$691K	50x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3666	+1.296%	$1K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3625	+0.167%	$241K	$886K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3617	−0.058%	$19K	$9K	3x	as long as short
Kraken Futures PF_CRVUSD	+0.0164%	1h	0.3621	+0.062%	$3.1M	$3.5M	50x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3626	+0.191%	$1.4M	$4.8M	75x	as long as short
Hyperliquid CRV	+0.0276%	1h	0.3633	+0.379%	$22.3M	$17.1M	10x	as long as short
Coinbase International CRV-PERP-INTX	+0.0384%	1h	0.3622	+0.080%	$385K	$4.8M	50x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0400% / S −0.0160%	1h	0.3619	+0.002%	$215K	—	100x	as long as short
Backpack CRV_USDC_PERPlong	+0.0424%	1h	0.3619	long leg	$104K	$362K	10x