Funding you earn now, next payment 00:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h −0.045%
Price spread now: Reya against Bybit−0.053%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Reya is 0.053% cheaper against Bybit than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Bybit CRVUSDT | 0.3716 | 0.0100 | pay 0.0100% / 8h | 49m 41s | $28.4M | $17.1M | 75x |
| Short | Reya CRVRUSDPERP | 0.3714 | −0.0049 | pay 0.0006% / 1h | 49m 41s | $16 | — | 15x |
Bybit CRVUSDT
Reya CRVRUSDPERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$31.19
- Price spread: −0.053% → 0.000%
- −$5.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$53.51
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Reya: 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, 4 min ago | 1.35 bp | 12.8 bp −$13 | 28.2 bp −$282 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −1.238% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3702 | −0.382% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERPshort | −0.0049% | 1h | 0.3714 | −0.053% | $16 | — | 15x | |
| Deribit CRV_USDC-PERPETUAL | −0.0019% | 1h | 0.3714 | −0.054% | $57K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3719 | +0.074% | $38K | $5K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0080% | 1h | 0.3698 | −0.484% | $61K | $697K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3715 | −0.027% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3718 | +0.043% | $420K | $719K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3723 | +0.181% | $133K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3721 | +0.122% | $379K | $203K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
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 | 0.3715 | −0.023% | $26.1M | $56.3M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3716 | long leg | $28.4M | $17.1M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3717 | +0.027% | $8.9M | $21.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3719 | +0.081% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3717 | +0.027% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3721 | +0.135% | $7.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3721 | +0.135% | $7.0M | $5.7M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3719 | +0.081% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3701 | −0.403% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3700 | −0.441% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3700 | −0.430% | $523K | $428K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3729 | +0.350% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3716 | +0.002% | $246K | $882K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3716 | −0.006% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0154% | 1h | 0.3719 | +0.078% | $3.2M | $2.9M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3701 | −0.404% | $1.4M | $4.3M | 75x | as long as short |
| Hyperliquid CRV | +0.0363% | 1h | 0.3729 | +0.358% | $23.1M | $16.3M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3720 | +0.108% | $388K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0453% / S −0.0192% | 1h | 0.3715 | −0.020% | $241K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0687% | 1h | 0.3725 | +0.234% | $109K | $313K | 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
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP