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

CRV

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.017%
Price spread now: KuCoin against Injective+0.327%7-day average +0.239% · 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+0.038%+$4 on $10k
Price spread, last 3 days (all we have)+0.120%+$12 · spread now +0.327%, 7d avg +0.239%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.088% dearer against Injective than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.239%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CRV/USDC PERP0.36700.0033pay 0.0004% / 1h6m 57s$79$384K12x
ShortKuCoin CRVUSDTM0.36820.0100get 0.0100% / 8h7h 06m$6.6M$9.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Injective. 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
$14
Price spread: +0.327% → +0.239%
$8.83
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$10.81
Costs to cover
0.120%
Break-even
1.6 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 1 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 Injective no order-book sample
Sell KuCoin live order book, 1 min ago1.36 bp37.4 bp −$37121.8 bp −$1,218doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CRV−0.0087%1h0.3676+0.153%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3677+0.202%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3682+0.326%$38K$6K10xas long as short
Deribit CRV_USDC-PERPETUAL+0.0022%1h0.3680+0.272%$56K$50K25xas long as short
Injective CRV/USDC PERPlong+0.0033%1h0.3670long leg$79$384K12x
Kraken Futures PF_CRVUSD+0.0088%1h0.3685+0.407%$3.1M$2.8M50xas long as short
Lighter CRV+0.0096%1h0.3681+0.308%$411K$727K10xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3681+0.300%$25K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3682+0.330%$131K$182K10xas long as short
Pacifica CRV+0.0100%1h0.3683+0.343%$375K$211K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3678+0.217%$25.7M$55.8M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3677+0.191%$28.1M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3675+0.136%$8.8M$21.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3680+0.272%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3679+0.245%$15.2M$5.2M125xas long as short
KuCoin CRVUSDTMshort+0.0100%8h0.3682+0.327%$6.6M$9.1M50x
Bitget CRVUSDT+0.0100%8h0.3682+0.327%$7.0M$5.6M75xas long as short
BingX CRV-USDC+0.0100%8h0.3677+0.191%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3672+0.052%$1.1M$114Kas long as short
edgeX CRVUSDC+0.0100%4h0.3686+0.427%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3690+0.545%$521K$407K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3686+0.436%$53K$697K50xas long as short
SunX CRV-USDT+0.0100%8h0.3716+1.253%$2K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3676+0.166%$245K$826K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3681+0.300%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3680+0.272%$1.4M$4.3M75xas long as short
Hyperliquid CRV+0.0314%1h0.3687+0.458%$22.9M$16.6M10xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.3685+0.409%$385K$4.7M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0418% / S −0.0174%1h0.3681+0.297%$219K100xas long as short
Backpack CRV_USDC_PERP+0.0535%1h0.3683+0.346%$99K$295K10xas long as short