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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h −0.100%
Price spread now: Coinbase International against BloFin+0.219%58s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.219%, 7d avg +0.090%
Together, before fees−0.534%−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.129% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.090%. Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CRV-USDT0.36590.0220pay 0.0220% / 8h2h 26m$1.4M$4.8M75x
ShortCoinbase International CRV-PERP-INTX0.36670.0384get 0.0048% / 1h26m 11s$391K$4.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. 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
$34.44
Price spread: +0.219% → +0.090%
$12.9
Slippage, 4 orders
−$38.43
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$13.09
Costs to cover
0.604%
Break-even
9.7 days
Slippage from BloFin: live order book, 2 min ago; Coinbase International: live order book, 3 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 BloFin live order book, 2 min ago5.46 bp14.7 bp −$1535.1 bp −$351doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago5.45 bp12.9 bp −$1320.0 bp −$200doesn't fitdoesn'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−0.0569%1h0.3661+0.055%$57K$48K25xas long as short
Injective CRV/USDC PERP−0.0103%1h0.3630−0.793%$78$265K12xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3658−0.031%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3662+0.093%$38K$4K10xas long as short
Phoenix CRV0.0000%1h0.3669+0.284%$26K$193K10xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3661+0.055%$24K$70110xas long as short
Lighter CRV+0.0096%1h0.3660+0.025%$415K$698K10xas long as short
Aster CRVUSDT+0.0100%8h0.3660+0.036%$131K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3664+0.135%$377K$173K10xas long as short
Binance CRVUSDT+0.0100%8h0.3659−0.002%$25.6M$58.3M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CRVUSDT+0.0100%8h0.3661+0.055%$27.8M$17.3M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3657−0.055%$8.7M$22.6M50xas long as short
Gate CRV_USDT+0.0100%8h0.3662+0.082%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.36590.000%$14.6M$5.7M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3663+0.109%$7.1M$9.2M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3663+0.109%$6.9M$5.8M75xas long as short
BingX CRV-USDC+0.0100%8h0.36590.000%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3659+0.009%$1.1M$152Kas long as short
edgeX CRVUSDC+0.0100%4h0.3657−0.055%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3660+0.027%$516K$462K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3664+0.137%$60K$694K50xas long as short
SunX CRV-USDT+0.0100%8h0.3703+1.203%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3657−0.046%$243K$885K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3661+0.065%$19K$9K3xas long as short
Kraken Futures PF_CRVUSD+0.0162%1h0.3666+0.191%$3.1M$3.5M50xas long as short
BloFin CRV-USDTlong+0.0220%8h0.3659long leg$1.4M$4.8M75x
Hyperliquid CRV+0.0335%1h0.3666+0.189%$22.6M$17.1M10xas long as short
Coinbase International CRV-PERP-INTXshort+0.0384%1h0.3667+0.219%$391K$4.9M50x
GMX CRV/USD [ETH-USDC]L +0.0402% / S −0.0160%1h0.3662+0.084%$217K100xas long as short
Backpack CRV_USDC_PERP+0.0500%1h0.3662+0.093%$105K$362K10xas long as short