Funding you earn now, next payment 05:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h −0.011%
Price spread now: Coinbase International against GRVT+0.111%76s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$322as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3193.188% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.111%, 7d avg +0.096%
=Together, before fees−0.167%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.031% in total (about -1.6% 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 | GRVT CRV_USDT_Perp | 0.3560 | 0.0100 | pay 0.0100% / 8h | 2h 38m | $500K | $443K | 10x |
| Short | Coinbase International CRV-PERP-INTX | 0.3564 | 0.0432 | get 0.0054% / 1h | 38m 20s | $359K | $4.2M | 50x |
GRVT CRV_USDT_Perp
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $69.72
- Price spread: +0.111% → +0.096%
- $1.53
- Slippage, 4 orders
- −$299.82
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$247.57
- Costs to cover
- 3.188%
- Break-even
- 31.9 days
Slippage from GRVT: live order book, 9 min ago; Coinbase International: live order book, 6 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 GRVT live order book, 9 min ago | 13.95 bp | 195.5 bp −$195 | 533.8 bp −$5,338 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 6 min ago | 6.97 bp | 12.0 bp −$12 | 18.6 bp −$186 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0130% | 1h | 0.3557 | −0.094% | $93K | $259K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3563 | +0.097% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3563 | +0.083% | $54K | $46K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3554 | −0.167% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.089% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3549 | −0.318% | $25K | $177K | 10x | as long as short |
| Variational Omni CRV | +0.0094% | 8h | 0.3552 | −0.227% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3562 | +0.058% | $378K | $701K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3565 | +0.137% | $20.7M | $16.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3562 | +0.042% | $112K | $193K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Phoenix CRV
Variational Omni CRV
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 | 0.3558 | −0.058% | $361K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3563 | +0.069% | $24.6M | $56.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3560 | −0.001% | $26.7M | $18.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3564 | +0.111% | $8.6M | $20.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3560 | −0.001% | $1.8M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3562 | +0.055% | $12.8M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3560 | −0.001% | $5.9M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3564 | +0.111% | $6.6M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3559 | −0.029% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3581 | +0.587% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perplong | +0.0100% | 8h | 0.3560 | long leg | $500K | $443K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3562 | +0.055% | $53K | $683K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3562 | +0.055% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3630 | +1.965% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3562 | +0.057% | $252K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3562 | +0.041% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3554 | −0.170% | $1.4M | $3.9M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3561 | +0.024% | $208K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0432% | 1h | 0.3564 | +0.111% | $359K | $4.2M | 50x | |
| Kraken Futures PF_CRVUSD | +0.0682% | 1h | 0.3567 | +0.187% | $3.0M | $2.6M | 50x | 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
edgeX CRVUSDC
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD