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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h +0.006%
Price spread now: Coinbase International against KuCoin+0.056%7-day average +0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$950.947% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.056%, 7d avg +0.054%
Together, before fees−0.039%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.054%, 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 0.029% in total (about 1.5% 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
LongKuCoin CRVUSDTM0.35670.0100pay 0.0100% / 8h1h 30m$5.9M$8.2M50x
ShortCoinbase International CRV-PERP-INTX0.35690.0384get 0.0048% / 1h30m 46s$349K$4.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against KuCoin. 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
$59.64
Price spread: +0.056% → +0.054%
$0.2
Slippage, 4 orders
−$72.71
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$34.88
Costs to cover
0.947%
Break-even
11.1 days
Slippage from KuCoin: live order book, 7 min ago; Coinbase International: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 7 min ago2.80 bp23.2 bp −$23117.4 bp −$1,174doesn't fitdoesn't fit
Sell Coinbase International live order book, 3 min ago5.60 bp13.2 bp −$1320.3 bp −$203doesn'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
Reya CRVRUSDPERP−0.0048%1h0.3567+0.012%$1515xas long as short
Phoenix CRV−0.0045%1h0.3568+0.014%$25K$187K10xas long as short
Backpack CRV_USDC_PERP−0.0028%1h0.3570+0.090%$97K$216K10xas long as short
dYdX CRV-USD0.0000%1h0.3564−0.079%$37K$8K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3568+0.028%$54K$45K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+2.888%$79$384K12xas long as short
Variational Omni CRV+0.0053%8h0.3565−0.060%$1.1M$94Kas long as short
Lighter CRV+0.0096%1h0.3561−0.171%$375K$714K10xas long as short
Hyperliquid CRV+0.0100%1h0.3565−0.056%$20.8M$16.6M10xas long as short
Aster CRVUSDT+0.0100%8h0.3565−0.055%$114K$195K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRV+0.0100%1h0.3565−0.067%$362K$198K10xas long as short
Binance CRVUSDT+0.0100%8h0.3563−0.117%$24.7M$57.4M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3561−0.168%$26.9M$19.7M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3564−0.084%$8.7M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3565−0.056%$1.8M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.35670.000%$12.5M$5.7M125xas long as short
KuCoin CRVUSDTMlong+0.0100%8h0.3567long leg$5.9M$8.2M50x
Bitget CRVUSDT+0.0100%8h0.3565−0.056%$6.7M$5.4M75xas long as short
BingX CRV-USDT+0.0100%8h0.3566−0.028%$23.5Mas long as short
edgeX CRVUSDC+0.0100%4h0.3565−0.046%$37K$174K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3570+0.084%$505K$435K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3568+0.028%$53K$682K50xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3568+0.028%$24K$92810xas long as short
SunX CRV-USDT+0.0100%8h0.3641+2.075%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3566−0.024%$253K$510K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3567+0.013%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3568+0.028%$1.3M$3.9M75xas long as short
Coinbase International CRV-PERP-INTXshort+0.0384%1h0.3569+0.056%$349K$4.4M50x
GMX CRV/USD [ETH-USDC]L +0.0414% / S −0.0177%1h0.3568+0.025%$209K100xas long as short
Kraken Futures PF_CRVUSD+0.0560%1h0.3572+0.152%$3.0M$2.8M50xas long as short