Funding you earn now, next payment 09:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.053%
Price spread now: Phoenix against SunX−1.887%7-day average −0.504% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.589%−$59 on $10k
+Price spread, last 4 days (all we have)+1.818%+$182 · spread now −1.887%, 7d avg −0.504%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 1.383% cheaper against SunX than usual: you would sell low and buy high (−$138 if the spread goes back to its 7-day average of −0.504%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CRV-USDT | 0.3641 | 0.0100 | pay 0.0100% / 8h | 6h 18m | $2K | $1.2M | 20x |
| Short | Phoenix CRV | 0.3572 | −0.0044 | pay 0.0006% / 1h | 18m 31s | $25K | $176K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- −$30.34
- Price spread: −1.887% → −0.504%
- −$138.28
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$183.63
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Phoenix: live order book, 27 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 SunX live order book, 8 min ago | 277.40 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 27 min ago | 1.40 bp | 17.1 bp −$17 | 63.1 bp −$631 | doesn't fit | doesn't fit |
CRV on 30 exchanges
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_PERP | −0.0099% | 1h | 0.3568 | −2.008% | $91K | $247K | 10x | as long as short |
| Variational Omni CRV | −0.0084% | 8h | 0.3567 | −2.039% | $1.1M | $98K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3567 | −2.039% | $15 | — | 15x | as long as short |
| Phoenix CRVshort | −0.0044% | 1h | 0.3572 | −1.887% | $25K | $176K | 10x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3570 | −1.941% | $40K | $14K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3566 | −2.060% | $53K | $43K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.796% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDT | +0.0093% | 8h | 0.3565 | −2.087% | $26.7M | $18.8M | 75x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3566 | −2.060% | $378K | $615K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3570 | −1.950% | $139K | $194K | 10x | as long as short |
Show all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3568 | −2.012% | $360K | $194K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3568 | −2.005% | $24.7M | $54.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3566 | −2.060% | $8.6M | $19.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3570 | −1.950% | $1.9M | $1.0M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3567 | −2.032% | $12.3M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3569 | −1.977% | $6.6M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3570 | −1.950% | $6.7M | $4.5M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3568 | −2.005% | — | $27.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3570 | −1.945% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3562 | −2.165% | $506K | $390K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3570 | −1.950% | $52K | $655K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3567 | −2.032% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDTlong | +0.0100% | 8h | 0.3641 | long leg | $2K | $1.2M | 20x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3566 | −2.057% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0152% | 1h | 0.3566 | −2.062% | $253K | $523K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3568 | −2.005% | $1.3M | $3.7M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0178% | 1h | 0.3566 | −2.053% | $209K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3567 | −2.032% | $360K | $4.1M | 50x | as long as short |
| Hyperliquid CRV | +0.0451% | 1h | 0.3574 | −1.829% | $21.2M | $16.4M | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0608% | 1h | 0.3570 | −1.938% | $3.0M | $2.4M | 50x | as long as short |
SunX CRV-USDT
Phoenix CRV
Backpack CRV_USDC_PERP
Variational Omni CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Bybit CRVUSDT
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance 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
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Hyperliquid CRV
Kraken Futures PF_CRVUSD