Funding you earn now, next payment 01:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h −0.291%
Price spread now: Deribit against Phoenix−0.830%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.821%−$82 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Deribit is 0.830% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.830% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$83 on $10k: about 42 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.821%, so the current rate has only just turned in your favour. The two prices were read 70 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 | Phoenix CRV | 0.3639 | −0.0066 | get 0.0008% / 1h | 43m 54s | $26K | $162K | 10x |
| Short | Deribit CRV_USDC-PERPETUAL | 0.3609 | 0 | get 0.0000% / 1h | 43m 54s | $55K | $50K | 25x |
Phoenix CRV
Deribit CRV_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $13.84
- Price spread: −0.830% → 0.000%
- −$82.99
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$83.14
- Costs to cover
- 0.140%
- Break-even
- 49.1 days
Slippage unknown: Phoenix: live order book, 17 min ago; Deribit: 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 Phoenix live order book, 17 min ago | 1.38 bp | 17.1 bp −$17 | 75.0 bp −$750 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0134% | 1h | 0.3617 | −0.610% | $52K | $700K | 50x | as long as short |
| Phoenix CRVlong | −0.0066% | 1h | 0.3639 | long leg | $26K | $162K | 10x | |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3605 | −0.941% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3603 | −1.001% | $37K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUALshort | 0.0000% | 1h | 0.3609 | −0.830% | $55K | $50K | 25x | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.846% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0053% | 1h | 0.3612 | −0.742% | $97K | $299K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3609 | −0.830% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3608 | −0.855% | $379K | $706K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3611 | −0.786% | $128K | $182K | 10x | as long as short |
ApeX Omni CRVUSDT
Reya CRVRUSDPERP
dYdX CRV-USD
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3606 | −0.921% | $364K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3618 | −0.588% | $25.1M | $56.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3615 | −0.665% | $27.5M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3615 | −0.665% | $8.7M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3612 | −0.747% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3610 | −0.802% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3612 | −0.747% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3618 | −0.583% | $6.8M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3615 | −0.665% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3607 | −0.886% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3616 | −0.639% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3631 | −0.223% | $509K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3652 | +0.352% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3610 | −0.813% | $236K | $643K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3611 | −0.768% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0104% | 1h | 0.3620 | −0.536% | $22.2M | $16.8M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | −0.143% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0293% | 1h | 0.3614 | −0.687% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3615 | −0.665% | $378K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0450% / S −0.0199% | 1h | 0.3607 | −0.877% | $230K | — | 100x | as long as short |
Pacifica CRV
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
Hyperliquid CRV
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]