Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRnext payment +$0.30 per $10,000 · paid last 24h −0.053%
Price spread now: Coinbase International against ApeX Omni+0.082%7-day average +0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.548%−$55 · spread now +0.082%, 7d avg +0.060%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.023% dearer against ApeX Omni than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.060%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CRVUSDT | 0.3651 | 0.0100 | pay 0.0013% / 1h | 38m 56s | $53K | $688K | 50x |
| Short | Coinbase International CRV-PERP-INTX | 0.3654 | 0.0344 | get 0.0043% / 1h | 38m 56s | $382K | $4.1M | 50x |
ApeX Omni CRVUSDT
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $51.24
- Price spread: +0.082% → +0.060%
- $2.27
- Slippage, 4 orders
- −$38.03
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$4.52
- Costs to cover
- 0.580%
- Break-even
- 7.6 days
Slippage from ApeX Omni: live order book, 25 min ago; Coinbase International: live order book, 5 min ago.
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 ApeX Omni live order book, 25 min ago | 8.20 bp | 16.1 bp −$16 | 111.9 bp −$1,119 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 6.84 bp | 11.8 bp −$12 | 18.1 bp −$181 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3647 | −0.112% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3637 | −0.394% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0025% | 1h | 0.3635 | −0.438% | $55K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3638 | −0.348% | $37K | $7K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.520% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3636 | −0.411% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3635 | −0.449% | $383K | $705K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3640 | −0.288% | $22.0M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3640 | −0.299% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3639 | −0.325% | $369K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3637 | −0.383% | $25.1M | $54.2M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3636 | −0.411% | $27.6M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3637 | −0.383% | $8.8M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3636 | −0.411% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3635 | −0.438% | $14.6M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3637 | −0.383% | $6.3M | $8.8M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3637 | −0.383% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3637 | −0.383% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3638 | −0.345% | $100K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3640 | −0.307% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3644 | −0.202% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3657 | +0.176% | $516K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDTlong | +0.0100% | 1h | 0.3651 | long leg | $53K | $688K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3673 | +0.603% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3635 | −0.452% | $238K | $480K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3636 | −0.421% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | −0.466% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0344% | 1h | 0.3654 | +0.082% | $382K | $4.1M | 50x | |
| Kraken Futures PF_CRVUSD | +0.0373% | 1h | 0.3640 | −0.311% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0435% / S −0.0189% | 1h | 0.3636 | −0.413% | $220K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]