Settings8H · net · $10k
Funding arb · Price arb /

CRV

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.07 per $10,000 · paid last 24h +0.066%
Price spread now: Pacifica against Phoenix−0.302%7-day average +0.026% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.602%+$60 on $10k
Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.302%, 7d avg +0.026%
Together, before fees+0.566%+ Points / potential airdropPacifica: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.328% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.302% now, against its 7-day average of +0.026%). If the spread goes back, that is −$33 on $10k: about 20 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.602% in total) that is about 3.8 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix CRV0.36470.0044pay 0.0006% / 1h49m 21s$26K$176K10x
ShortPacifica CRV0.36360.0100get 0.0013% / 1h49m 21s$369K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Phoenix. 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

Funding earned
$11.76
Price spread: −0.302% → +0.026%
−$32.8
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$36.04
Costs to cover
0.150%
Break-even
28.5 days
Slippage unknown: Phoenix: live order book, 62 min ago; Pacifica: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 62 min ago1.39 bp16.9 bp −$1774.7 bp −$747doesn't fitdoesn't fit
Sell Pacifica live order book, 4 min ago10.94 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Reya CRVRUSDPERP−0.0048%1h0.3630−0.460%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3646−0.006%$38K$8K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3635−0.321%$55K$47K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.639%$79$384K12xas long as short
Phoenix CRVlong+0.0044%1h0.3647long leg$26K$176K10x
Lighter CRV+0.0096%1h0.3635−0.326%$384K$698K10xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3632−0.403%$24K$90210xas long as short
Aster CRVUSDT+0.0100%8h0.3640−0.176%$130K$180K10xas long as short
Pacifica CRVshort+0.0100%1h0.3636−0.302%$369K$198K10x
Binance CRVUSDT+0.0100%8h0.3632−0.414%$24.9M$54.5M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRVUSDT+0.0100%8h0.3630−0.458%$27.5M$17.7M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3633−0.376%$8.8M$20.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3637−0.266%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3634−0.348%$13.5M$5.6M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3633−0.376%$6.1M$8.6M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3634−0.348%$6.8M$5.1M75xas long as short
BingX CRV-USDT+0.0100%8h0.3635−0.321%$23.5Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3639−0.197%$102K$256K10xas long as short
Variational Omni CRV+0.0100%8h0.3646−0.023%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3649+0.068%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3656+0.243%$517K$451K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3654+0.200%$53K$685K50xas long as short
SunX CRV-USDT+0.0100%8h0.3698+1.407%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3633−0.389%$258K$493K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3636−0.293%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3643−0.101%$1.4M$4.1M75xas long as short
Hyperliquid CRV+0.0334%1h0.3638−0.230%$22.0M$14.9M10xas long as short
GMX CRV/USD [ETH-USDC]L +0.0417% / S −0.0177%1h0.3632−0.405%$212K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3661+0.392%$388K$4.1M50xas long as short
Kraken Futures PF_CRVUSD+0.0723%1h0.3640−0.194%$3.1M$2.6M50xas long as short