Funding you earn now, next payment 07:00 UTC−0.0077%/8h= −8.5% APRnext payment −$0.10 per $10,000 · paid last 24h +0.185%
Price spread now: Reya against Deribit−0.252%71s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Reya is 0.252% cheaper against Deribit than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 71 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 | Deribit CRV_USDC-PERPETUAL | 0.3589 | 0.0029 | pay 0.0004% / 1h | 25m 15s | $54K | $45K | 25x |
| Short | Reya CRVRUSDPERP | 0.3580 | −0.0048 | pay 0.0006% / 1h | 25m 15s | $15 | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya against Deribit. 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
- −$16.25
- Price spread: −0.252% → 0.000%
- −$25.24
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$54.49
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Reya: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Deribit and Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERPshort | −0.0048% | 1h | 0.3580 | −0.252% | $15 | — | 15x | |
| Phoenix CRV | −0.0045% | 1h | 0.3586 | −0.078% | $26K | $187K | 10x | as long as short |
| Backpack CRV_USDC_PERP | −0.0010% | 1h | 0.3588 | −0.017% | $98K | $216K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3577 | −0.343% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUALlong | +0.0029% | 1h | 0.3589 | long leg | $54K | $45K | 25x | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.257% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0052% | 8h | 0.3575 | −0.380% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3584 | −0.125% | $379K | $716K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3587 | −0.059% | $21.0M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3587 | −0.056% | $115K | $195K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3583 | −0.164% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3587 | −0.057% | $24.8M | $57.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3582 | −0.195% | $27.0M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3587 | −0.056% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3588 | −0.028% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3587 | −0.056% | $12.6M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3587 | −0.056% | $6.0M | $8.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3588 | −0.028% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3585 | −0.111% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | −0.572% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3574 | −0.422% | $506K | $435K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3573 | −0.446% | $53K | $680K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3588 | −0.028% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3658 | +1.923% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3587 | −0.066% | $255K | $511K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3587 | −0.044% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3586 | −0.084% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3591 | +0.056% | $351K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3574 | −0.421% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0557% | 1h | 0.3593 | +0.106% | $3.0M | $2.8M | 50x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRV
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
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD