Funding you earn now, next payment 00:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.001%
Price spread now: Orderly against Bybit+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 0.027% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRVUSDT | 0.3679 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $28.0M | $17.1M | 75x |
| Short | Orderly PERP_CRV_USDC | 0.3680 | 0.0095 | get 0.0095% / 8h | 1h 36m | $25K | $1K | 10x |
Bybit CRVUSDT
Orderly PERP_CRV_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- −$1.04
- Price spread: +0.027% → 0.000%
- $2.72
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.32
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.36 bp | 13.3 bp −$13 | 30.0 bp −$300 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0293% | 1h | 0.3678 | −0.027% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.604% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | +0.188% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3679 | −0.013% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3685 | +0.168% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3683 | +0.102% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDCshort | +0.0095% | 8h | 0.3680 | +0.027% | $25K | $1K | 10x | |
| Lighter CRV | +0.0096% | 1h | 0.3680 | +0.022% | $416K | $702K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3682 | +0.078% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3686 | +0.189% | $381K | $189K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Lighter 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 | 0.3678 | −0.034% | $25.8M | $57.1M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3679 | long leg | $28.0M | $17.1M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3677 | −0.054% | $8.8M | $22.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3683 | +0.109% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3678 | −0.027% | $14.7M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3682 | +0.082% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3683 | +0.109% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3682 | +0.082% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3688 | +0.247% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3682 | +0.082% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3686 | +0.188% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3687 | +0.217% | $61K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3714 | +0.951% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3676 | −0.071% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3679 | +0.014% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | 0.000% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3687 | +0.217% | $387K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3681 | +0.066% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0432% | 1h | 0.3683 | +0.103% | $107K | $362K | 10x | as long as short |
| Hyperliquid CRV | +0.0445% | 1h | 0.3685 | +0.163% | $22.8M | $16.6M | 10x | as long as short |
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Hyperliquid CRV