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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0308%/8h= −33.7% APRpaid last 24h −0.043%
Price spread now: SunX against Coinbase International+2.111%7-day average +0.394% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 4 days (all we have)−1.760%−$176 · spread now +2.111%, 7d avg +0.394%
Together, before fees−1.741%−$174 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 1.717% dearer against Coinbase International than usual: you sell high and buy low (spread +2.111% now, against its 7-day average of +0.394%): +$172 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 19 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.019% in total (about 1.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CRV-PERP-INTX0.36000.0408pay 0.0051% / 1h18m 04s$355K$4.3M50x
ShortSunX CRV-USDT0.36760.0100get 0.0100% / 8h7h 18m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$64.68
Price spread: +2.111% → +0.394%
$171.72
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$89.04
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 1 min ago; SunX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 1 min ago5.55 bp15.8 bp −$1621.6 bp −$216doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago296.05 bpdoesn't fitdoesn't fitdoesn'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
Bybit CRVUSDT−0.0063%8h0.3602+0.056%$27.0M$19.4M75xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3602+0.042%$1515xas long as short
Variational Omni CRV−0.0038%8h0.3601+0.027%$1.1M$106Kas long as short
Phoenix CRV−0.0022%1h0.3601+0.036%$26K$190K10xas long as short
Backpack CRV_USDC_PERP−0.0011%1h0.3608+0.233%$94K$254K10xas long as short
dYdX CRV-USD0.0000%1h0.3600−0.010%$40K$13K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3605+0.139%$54K$46K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+1.944%$79$384K12xas long as short
Lighter CRV+0.0096%1h0.3605+0.131%$381K$685K10xas long as short
Hyperliquid CRV+0.0100%1h0.3612+0.328%$21.4M$16.8M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRVUSDT+0.0100%8h0.3605+0.151%$115K$193K10xas long as short
Pacifica CRV+0.0100%1h0.3602+0.055%$364K$200K10xas long as short
Binance CRVUSDT+0.0100%8h0.3606+0.167%$24.9M$57.3M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3605+0.139%$8.7M$20.5M50xas long as short
Gate CRV_USDT+0.0100%8h0.3605+0.139%$1.9M$1.2M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3605+0.139%$12.7M$5.6M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3607+0.194%$6.8M$8.5M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3606+0.167%$6.8M$5.4M75xas long as short
BingX CRV-USDT+0.0100%8h0.3603+0.083%$23.5Mas long as short
edgeX CRVUSDC+0.0100%4h0.3599−0.030%$37K$174K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3611+0.308%$504K$432K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3605+0.139%$52K$655K50xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3604+0.111%$24K$85010xas long as short
SunX CRV-USDTshort+0.0100%8h0.3676+2.111%$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3604+0.115%$256K$513K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3602+0.064%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3599−0.028%$1.3M$3.9M75xas long as short
Coinbase International CRV-PERP-INTXlong+0.0408%1h0.3600long leg$355K$4.3M50x
GMX CRV/USD [ETH-USDC]L +0.0415% / S −0.0177%1h0.3602+0.060%$211K100xas long as short
Kraken Futures PF_CRVUSD+0.0662%1h0.3610+0.285%$3.0M$2.7M50xas long as short