Settings8H · net · $10k
Funding arb · Price arb /

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.028%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 7 days−0.023%−$2 · spread now +0.028%, 7d avg −0.034%
Together, before fees−0.031%−$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.062% dearer against Binance than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CRVUSDT0.36150.0100pay 0.0100% / 8h2h 53m$25.4M$58.3M75x
ShortBybit CRVUSDT0.36160.0100get 0.0100% / 8h2h 53m$27.5M$17.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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

Funding earned
$0
Price spread: +0.028% → −0.034%
$6.16
Slippage, 4 orders
−$33.47
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$48.31
Costs to cover
0.545%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 3 min ago1.38 bp14.2 bp −$1427.7 bp −$277121.1 bp −$12.1Kdoesn't fit
Sell Bybit live order book, 5 min ago1.37 bp11.8 bp −$1233.1 bp −$331223.2 bp −$22.3Kdoesn't fit

CRV on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CRV_USDC-PERPETUAL−0.0856%1h0.3614−0.028%$57K$48K25xas long as short
Phoenix CRV−0.0154%1h0.3629+0.393%$26K$193K10xas long as short
Injective CRV/USDC PERP−0.0103%1h0.3630+0.415%$78$265K12xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3616+0.030%$1515xas long as short
dYdX CRV-USD0.0000%1h0.3617+0.055%$37K$4K10xas long as short
Lighter CRV+0.0096%1h0.3615−0.011%$410K$693K10xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3614−0.028%$24K$70110xas long as short
Aster CRVUSDT+0.0100%8h0.3617+0.050%$130K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3627+0.325%$368K$156K10xas long as short
Binance CRVUSDTlong+0.0100%8h0.3615long leg$25.4M$58.3M75x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRVUSDTshort+0.0100%8h0.3616+0.028%$27.5M$17.1M75x
OKX CRV-USDT-SWAP+0.0100%8h0.3616+0.028%$8.6M$22.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3616+0.028%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.36150.000%$14.4M$5.6M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3618+0.083%$7.0M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3618+0.083%$6.9M$5.8M75xas long as short
BingX CRV-USDC+0.0100%8h0.3616+0.028%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3633+0.511%$1.1M$151Kas long as short
edgeX CRVUSDC+0.0100%4h0.3634+0.536%$38K$171K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3632+0.473%$512K$474K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3640+0.692%$60K$696K50xas long as short
SunX CRV-USDT+0.0100%8h0.3639+0.664%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3615+0.004%$240K$884K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3614−0.041%$19K$9K3xas long as short
GMX CRV/USD [ETH-USDC]L +0.0154% / S +0.0236%1h0.3619+0.117%$259K100xas long as short
Kraken Futures PF_CRVUSD+0.0164%1h0.3618+0.084%$3.1M$3.6M50xas long as short
BloFin CRV-USDT+0.0220%8h0.3631+0.443%$1.4M$4.7M75xas long as short
Hyperliquid CRV+0.0286%1h0.3620+0.136%$22.4M$16.9M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3620+0.138%$381K$4.8M50xas long as short
Backpack CRV_USDC_PERP+0.0532%1h0.3616+0.028%$104K$362K10xas long as short