Funding you earn now, next payment 22:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.35 per $10,000 · paid last 24h +0.066%
Price spread now: ApeX Omni against Phoenix+0.134%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$640.636% of the position
Funding, last 7 days+0.593%+$59 on $10k
+Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.134%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and ApeX Omni is 0.100% dearer against Phoenix than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CRV | 0.3668 | −0.0176 | get 0.0022% / 1h | 3m 38s | $26K | $181K | 10x |
| Short | ApeX Omni CRVUSDT | 0.3673 | 0.0100 | get 0.0013% / 1h | 3m 38s | $60K | $698K | 50x |
Phoenix CRV
ApeX Omni CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- $57.99
- Price spread: +0.134% → +0.034%
- $10
- Slippage, 4 orders
- −$46.57
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $4.42
- Costs to cover
- 0.636%
- Break-even
- 6.5 days
Slippage from Phoenix: live order book, 8 min ago; ApeX Omni: live order book, 15 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 Phoenix live order book, 8 min ago | 1.09 bp | 14.0 bp −$14 | 58.0 bp −$580 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 15 min ago | 9.58 bp | 18.1 bp −$18 | 117.7 bp −$1,177 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3670 | +0.052% | $79 | $384K | 12x | as long as short |
| Phoenix CRVlong | −0.0176% | 1h | 0.3668 | long leg | $26K | $181K | 10x | |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3691 | +0.624% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0021% | 1h | 0.3691 | +0.624% | $57K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3689 | +0.570% | $38K | $5K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3695 | +0.744% | $3.1M | $3.0M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3691 | +0.624% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3690 | +0.594% | $417K | $708K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3690 | +0.604% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3690 | +0.604% | $371K | $208K | 10x | as long as short |
Injective CRV/USDC PERP
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3689 | +0.570% | $26.0M | $56.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3690 | +0.597% | $28.2M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3689 | +0.570% | $8.8M | $21.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3691 | +0.624% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3689 | +0.570% | $14.7M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3691 | +0.624% | $7.3M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3692 | +0.652% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3691 | +0.624% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3668 | −0.003% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3672 | +0.095% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3674 | +0.148% | $519K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDTshort | +0.0100% | 1h | 0.3673 | +0.134% | $60K | $698K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3715 | +1.279% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3689 | +0.578% | $244K | $882K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3691 | +0.624% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3684 | +0.433% | $1.4M | $4.2M | 75x | as long as short |
| Hyperliquid CRV | +0.0355% | 1h | 0.3693 | +0.671% | $22.9M | $16.3M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3694 | +0.706% | $387K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0450% / S −0.0189% | 1h | 0.3693 | +0.666% | $239K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0508% | 1h | 0.3698 | +0.802% | $108K | $354K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP