Funding arb · Price arb /

CRV

all CRV markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%

Price spread now: Orderly against ApeX Omni+0.531%70s7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.531% dearer against ApeX Omni than usual: you sell high and buy low, +$53 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CRVUSDT	0.3580	0.0100	pay 0.0013% / 1h	56m 16s	$54K	$684K	50x
Short	Orderly PERP_CRV_USDC	0.3599	0.0100	get 0.0100% / 8h	2h 56m	$24K	$902	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 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 ApeX OmnibpFee OrderlybpOrdersPrice spread, now +0.531%Rate

Funding earned: $0
Price spread: +0.531% → 0.000%: $53.07
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: $37.07
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 57 min ago; Orderly: no order-book sample. 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 ApeX Omni live order book, 57 min ago	8.20 bp	15.5 bp −$15	110.3 bp −$1,103	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Reya CRVRUSDPERP	−0.0048%	1h	0.3595	+0.417%	$15	—	15x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3598	+0.493%	$37K	$8K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	0.0000%	1h	0.3600	+0.559%	$54K	$46K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+2.514%	$79	$384K	12x	as long as short
Phoenix CRV	+0.0044%	1h	0.3597	+0.472%	$26K	$173K	10x	as long as short
Lighter CRV	+0.0096%	1h	0.3598	+0.497%	$382K	$694K	10x	as long as short
Hyperliquid CRV	+0.0100%	1h	0.3599	+0.522%	$21.4M	$15.7M	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3601	+0.577%	$128K	$180K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3599	+0.544%	$365K	$198K	10x	as long as short
Binance CRVUSDT	+0.0100%	8h	0.3600	+0.564%	$24.9M	$55.8M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit CRVUSDT	+0.0100%	8h	0.3597	+0.475%	$27.3M	$18.0M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3600	+0.559%	$8.7M	$19.9M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3599	+0.531%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3596	+0.447%	$12.9M	$5.6M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3600	+0.559%	$6.0M	$8.5M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3601	+0.587%	$6.7M	$5.2M	75x	as long as short
BingX CRV-USDC	+0.0100%	8h	0.3598	+0.503%	—	$1.6M	—	as long as short
Backpack CRV_USDC_PERP	+0.0100%	1h	0.3611	+0.869%	$95K	$260K	10x	as long as short
Variational Omni CRV	+0.0100%	8h	0.3591	+0.304%	$1.1M	$94K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3592	+0.336%	$37K	$174K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3594	+0.395%	$505K	$443K	10x	as long as short
ApeX Omni CRVUSDTlong	+0.0100%	1h	0.3580	long leg	$54K	$684K	50x
Orderly PERP_CRV_USDCshort	+0.0100%	8h	0.3599	+0.531%	$24K	$902	10x
SunX CRV-USDT	+0.0100%	8h	0.3651	+1.983%	$2K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3598	+0.503%	$253K	$494K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3599	+0.531%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3595	+0.419%	$1.4M	$4.0M	75x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0416% / S −0.0177%	1h	0.3598	+0.512%	$210K	—	100x	as long as short
Coinbase International CRV-PERP-INTX	+0.0432%	1h	0.3611	+0.866%	$359K	$4.2M	50x	as long as short
Kraken Futures PF_CRVUSD	+0.0675%	1h	0.3601	+0.596%	$3.0M	$2.6M	50x	as long as short