Funding you earn now, next payment 21:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h −0.064%
Price spread now: Coinbase International against Gate+0.083%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$820.825% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 3 days (all we have)−0.141%−$14 · spread now +0.083%, 7d avg +0.063%
=The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.018% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRV_USDT | 0.3617 | 0.0100 | pay 0.0100% / 8h | 2h 53m | $1.9M | $1.3M | 50x |
| Short | Coinbase International CRV-PERP-INTX | 0.3620 | 0.0384 | get 0.0048% / 1h | 53m 42s | $381K | $4.8M | 50x |
Gate CRV_USDT
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Gate. 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
- $59.64
- Price spread: +0.083% → +0.063%
- $1.99
- Slippage, 4 orders
- −$57.48
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$20.85
- Costs to cover
- 0.825%
- Break-even
- 9.4 days
Slippage from Gate: live order book, 4 min ago; Coinbase International: live order book, 5 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 Gate live order book, 4 min ago | 2.75 bp | 31.7 bp −$32 | 135.0 bp −$1,350 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 5.47 bp | 10.5 bp −$10 | 17.8 bp −$178 | 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 | −0.0856% | 1h | 0.3614 | −0.083% | $57K | $48K | 25x | as long as short |
| Phoenix CRV | −0.0154% | 1h | 0.3629 | +0.337% | $26K | $193K | 10x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | +0.359% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3616 | −0.025% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3617 | −0.014% | $37K | $4K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3614 | −0.080% | $410K | $693K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3614 | −0.083% | $24K | $701 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3619 | +0.058% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3627 | +0.270% | $368K | $156K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3614 | −0.084% | $25.4M | $58.4M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Injective CRV/USDC PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3616 | −0.028% | $27.5M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3616 | −0.028% | $8.6M | $22.3M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3617 | long leg | $1.9M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3615 | −0.055% | $14.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3618 | +0.028% | $7.0M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3618 | +0.028% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3616 | −0.028% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3633 | +0.456% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3634 | +0.480% | $38K | $171K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3632 | +0.417% | $512K | $474K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3640 | +0.636% | $60K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3639 | +0.608% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3615 | −0.051% | $240K | $884K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3614 | −0.097% | $19K | $9K | 3x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0154% / S +0.0236% | 1h | 0.3619 | +0.062% | $259K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0164% | 1h | 0.3618 | +0.029% | $3.1M | $3.6M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3631 | +0.387% | $1.4M | $4.7M | 75x | as long as short |
| Hyperliquid CRV | +0.0278% | 1h | 0.3621 | +0.113% | $22.4M | $16.9M | 10x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0384% | 1h | 0.3620 | +0.083% | $381K | $4.8M | 50x | |
| Backpack CRV_USDC_PERP | +0.0532% | 1h | 0.3616 | −0.028% | $104K | $362K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
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
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Backpack CRV_USDC_PERP