CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h +0.102%

Price spread now: Backpack against Reya+0.027%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Reya Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

The price spread pays, funding is against you. Backpack is 0.027% dearer against Reya than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya CRVRUSDPERP	0.3583	−0.0048	get 0.0006% / 1h	56m 01s	$15	—	15x
Short	Backpack CRV_USDC_PERP	0.3584	−0.0075	pay 0.0009% / 1h	56m 01s	$94K	$214K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against Reya. 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

Position, each leg$Hold fordaysFee ReyabpFee BackpackbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$5.69
Price spread: +0.027% → 0.000%: $2.73
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$18.96
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Reya: no order-book sample; Backpack: live order book, 52 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 Reya no order-book sample	—	—	—	—	—
Sell Backpack live order book, 52 min ago	1.25 bp	8.1 bp −$8	doesn't fit	doesn't fit	doesn't fit

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
Backpack CRV_USDC_PERPshort	−0.0075%	1h	0.3584	+0.027%	$94K	$214K	10x
Reya CRVRUSDPERPlong	−0.0048%	1h	0.3583	long leg	$15	—	15x
dYdX CRV-USD	0.0000%	1h	0.3585	+0.039%	$37K	$8K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	0.0000%	1h	0.3582	−0.040%	$54K	$45K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+2.416%	$79	$384K	12x	as long as short
Phoenix CRV	+0.0045%	1h	0.3586	+0.083%	$26K	$187K	10x	as long as short
Variational Omni CRV	+0.0065%	8h	0.3586	+0.067%	$1.1M	$95K	—	as long as short
Lighter CRV	+0.0096%	1h	0.3580	−0.090%	$379K	$710K	10x	as long as short
Hyperliquid CRV	+0.0100%	1h	0.3586	+0.069%	$21.0M	$16.5M	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3584	+0.003%	$113K	$193K	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	0.3584	+0.003%	$364K	$198K	10x	as long as short
Binance CRVUSDT	+0.0100%	8h	0.3584	+0.016%	$24.7M	$56.9M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3581	−0.068%	$27.1M	$19.4M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3586	+0.072%	$8.7M	$20.4M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3585	+0.044%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3584	+0.016%	$12.6M	$5.6M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3584	+0.016%	$5.9M	$8.3M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3584	+0.016%	$6.7M	$5.3M	75x	as long as short
BingX CRV-USDC	+0.0100%	8h	0.3582	−0.040%	—	$1.6M	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3584	+0.025%	$37K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3595	+0.327%	$509K	$445K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3596	+0.351%	$53K	$681K	50x	as long as short
Orderly PERP_CRV_USDC	+0.0100%	8h	0.3581	−0.068%	$24K	$928	10x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3662	+2.193%	$2K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3584	+0.019%	$253K	$499K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3583	−0.025%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3583	−0.012%	$1.3M	$3.9M	75x	as long as short
Coinbase International CRV-PERP-INTX	+0.0384%	1h	0.3588	+0.128%	$356K	$4.3M	50x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0415% / S −0.0177%	1h	0.3583	−0.002%	$210K	—	100x	as long as short
Kraken Futures PF_CRVUSD	+0.0559%	1h	0.3585	+0.043%	$3.0M	$2.7M	50x	as long as short