CRV funding rates

CRV perpetual funding is currently quoted across 11 venues, ranging from -18.1% to +17.6% APR. The most reliable delta-neutral pairing for CRV right now is long Phoenix / short Lighter at +26.1% net APR (low risk, ~0.9d to break even).

as of 2026-10-28 08:44 UTC
Best delta-neutral pairing
Long Phoenix / Short Lighter
+26.1% net APR
Backtested (30d)
+18.8%
Stability
98.3%
Risk
low
Breakeven
~0.9d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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CRV funding by exchange

ExchangeFunding APR
Kraken+17.65%
Hyperliquid+10.95%
Pacifica+10.95%
Variational+10.95%
Aster+10.95%
Grvt+10.95%
TxFlow+10.95%
Lighter+10.51%
dYdX+0.00%
Extended-0.88%
Phoenix-18.13%

Frequently asked

What is the CRV funding rate right now?

CRV perpetual funding ranges from -18.13% to 17.65% APR across 11 exchanges we track; the widest delta-neutral spread is long Phoenix / short Lighter at 26.1% net APR.

Which exchange has the highest CRV funding rate?

Kraken currently has the highest at 17.65% APR. See the full ranking above.