CRV Funding Rate — live across 15 venues

Compared across 15 supported venues · net of estimated fees · updated every few minutes

Live annualized CRV perpetual funding across all 15 venues Perpia tracks. Right now CRV funding is positive on 14 and negative on 1, ranging from +11.4% on Extended to -19.7% on Variational — a spread of 31.1%. The widest delta-neutral trade is long Variational / short Extended at 27.7% net APR.

15
venues
14
paying positive
31.1%
funding spread
Best CRV spread now
27.7%
net APR after fees
Long VariationalShort Extended
size depends on live venue depth — see the real cap in the scanner

CRV funding trend & liquidity

168h of history
31.1%
current gross APR
0.9%
24h average
-1.5%
7-day average
$274K
pair OI · lower leg
$144K
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

CRV funding rate history

30d · 6h buckets · 12 venues
136%0-126.7%
7 Aug6 Sep
CRV — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +7.7%. A break in a line means no data was recorded for that stretch, not a zero rate.

CRV funding rate by venue

26 pairs scanned
VenueFunding APRInterval
Extended+11.4%1h
MEXC+10.9%8h
OKX+10.9%8h
Bybit+10.9%8h
KuCoin+10.9%8h
BackPack+10.9%1h
Hyperliquid+10.9%1h
Bitget+10.9%8h
BingX+10.9%8h
Aster+10.9%8h
Pacifica+10.9%1h
Lighter+10.5%8h
Gate.io+9.3%8h
Binance+0.2%8h
Variational-19.7%8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Extended page.

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CRV funding — FAQ

Is CRV funding positive right now?

CRV perpetual funding is positive on 14 of 15 venues Perpia tracks and negative on 1. The highest is +11.4% on Extended; the lowest is -19.7% on Variational.

What is the best CRV funding arbitrage right now?

Go long Variational and short Extended for about 27.7% net APR after fees — the widest delta-neutral CRV spread Perpia currently sees.

Which exchange has the highest CRV funding rate?

Extended, at +11.4% annualized. Funding shifts continuously, so check the live table above before trading.

How CRV funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to CRV

Markets also quoted on both Extended and Variational — the same two exchanges you would already have funded for the CRV trade.

See every spread between them on the Extended vs Variational page.