Funding you earn now, next payment 01:00 UTC−0.0276%/8h= −30.2% APRpaid last 24h +0.060%
Price spread now: edgeX against Coinbase International−0.715%7-day average −0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$820.817% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 3 days (all we have)+0.604%+$60 · spread now −0.715%, 7d avg −0.154%
=Together, before fees+0.649%+ Points / potential airdropedgeX: Active · farm board+$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.560% cheaper against Coinbase International than usual: you would sell low and buy high (−$56 if the spread goes back to its 7-day average of −0.154%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.045% in total (about 2.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CRV-PERP-INTX | 0.3639 | 0.0376 | pay 0.0047% / 1h | 49m 12s | $382K | $4.6M | 50x |
| Short | edgeX CRVUSDC | 0.3613 | 0.0100 | get 0.0050% / 4h | 2h 49m | $37K | $173K | 20x |
Coinbase International CRV-PERP-INTX
edgeX CRVUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- −$57.96
- Price spread: −0.715% → −0.154%
- −$56.05
- Slippage, 4 orders
- −$62.71
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$195.72
- Costs to cover
- 0.817%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; edgeX: live order book, 17 min ago.
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 Coinbase International live order book, 5 min ago | 6.91 bp | 14.6 bp −$15 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 21.82 bp | 26.3 bp −$26 | 66.8 bp −$668 | doesn't fit | doesn't fit |
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 | −0.1400% | 1h | 0.3630 | −0.247% | $56K | $50K | 25x | as long as short |
| ApeX Omni CRVUSDT | −0.0212% | 1h | 0.3624 | −0.412% | $52K | $699K | 50x | as long as short |
| Phoenix CRV | −0.0066% | 1h | 0.3639 | +0.005% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3630 | −0.235% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3636 | −0.076% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.852% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3630 | −0.247% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3629 | −0.267% | $381K | $706K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3638 | −0.030% | $22.4M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3634 | −0.141% | $129K | $182K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
ApeX Omni CRVUSDT
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3636 | −0.086% | $367K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3630 | −0.247% | $25.2M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3631 | −0.220% | $27.6M | $17.8M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3630 | −0.247% | $8.7M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3633 | −0.165% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3630 | −0.247% | $14.8M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3632 | −0.192% | $6.4M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3631 | −0.220% | $6.9M | $5.5M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3631 | −0.220% | — | $1.7M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3637 | −0.055% | $98K | $299K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | −0.414% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDCshort | +0.0100% | 4h | 0.3613 | −0.715% | $37K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3619 | −0.539% | $508K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3671 | +0.879% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3629 | −0.271% | $237K | $670K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3629 | −0.261% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | −0.137% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0291% | 1h | 0.3633 | −0.166% | $3.1M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTXlong | +0.0376% | 1h | 0.3639 | long leg | $382K | $4.6M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0174% | 1h | 0.3629 | −0.278% | $216K | — | 100x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]