Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%
Price spread now: Variational Omni against Backpack−0.364%7-day average −0.099% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.508%+$51 · spread now −0.364%, 7d avg −0.099%
=Together, before fees+0.281%+ Points / potential airdropVariational Omni: Active · farm board+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.265% cheaper against Backpack than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.099%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CRV_USDC_PERP | 0.3649 | 0.0100 | pay 0.0013% / 1h | 24m 29s | $98K | $300K | 10x |
| Short | Variational Omni CRV | 0.3636 | 0.0100 | get 0.0100% / 8h | 6h 24m | $1.1M | $113K | — |
Backpack CRV_USDC_PERP
Variational Omni CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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: −0.364% → −0.099%
- −$26.55
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$36.55
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 44 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 44 min ago | 0.41 bp | 7.8 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 5.52 bp | doesn't fit | 24.9 bp −$249 | 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 | 0.3618 | −0.855% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3628 | −0.570% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3633 | −0.458% | $37K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3646 | −0.088% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.570% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3629 | −0.554% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3633 | −0.452% | $383K | $713K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3634 | −0.430% | $22.1M | $15.3M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3633 | −0.430% | $129K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3636 | −0.360% | $367K | $196K | 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 | 0.3630 | −0.538% | $25.0M | $55.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3630 | −0.526% | $27.5M | $17.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3629 | −0.554% | $8.7M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3634 | −0.417% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3631 | −0.499% | $14.9M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3633 | −0.444% | $6.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3632 | −0.471% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3632 | −0.471% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERPlong | +0.0100% | 1h | 0.3649 | long leg | $98K | $300K | 10x | |
| Variational Omni CRVshort | +0.0100% | 8h | 0.3636 | −0.364% | $1.1M | $113K | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | −0.557% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3626 | −0.636% | $508K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | −0.745% | $52K | $691K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3698 | +1.337% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3629 | −0.553% | $237K | $501K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3629 | −0.544% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0290% | 1h | 0.3650 | +0.025% | $3.1M | $2.7M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3650 | +0.022% | $385K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0455% / S −0.0203% | 1h | 0.3630 | −0.538% | $231K | — | 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
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]