Funding arb · Price arb /

CRV

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: dYdX against OKX+0.106%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. dYdX is 0.106% dearer against OKX than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CRV-USDT-SWAP	0.3639	0.0100	pay 0.0100% / 8h	3h 54m	$8.8M	$20.4M	50x
Short	dYdX CRV-USD	0.3643	0	get 0.0000% / 1h	54m 32s	$38K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against OKX. 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

Position, each leg$Hold fordaysFee OKXbpFee dYdXbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$21
Price spread: +0.106% → 0.000%: $10.56
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$30.44
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: OKX: live order book, 4 min ago; dYdX: no order-book sample. Net counts fees only.

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 OKX live order book, 4 min ago	1.38 bp	18.2 bp −$18	42.3 bp −$423	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

dYdX: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Reya CRVRUSDPERP	−0.0048%	1h	0.3638	−0.030%	$16	—	15x	as long as short
Backpack CRV_USDC_PERP	−0.0033%	1h	0.3645	+0.170%	$102K	$256K	10x	as long as short
dYdX CRV-USDshort	0.0000%	1h	0.3643	+0.106%	$38K	$8K	10x
Phoenix CRV	0.0000%	1h	0.3629	−0.272%	$26K	$176K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	+0.0025%	1h	0.3639	0.000%	$55K	$47K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+0.852%	$79	$384K	12x	as long as short
Lighter CRV	+0.0096%	1h	0.3643	+0.110%	$385K	$698K	10x	as long as short
Orderly PERP_CRV_USDC	+0.0100%	8h	0.3638	−0.027%	$24K	$902	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3641	+0.048%	$130K	$180K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3643	+0.123%	$370K	$198K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRVUSDT	+0.0100%	8h	0.3643	+0.117%	$25.0M	$54.4M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3638	−0.027%	$27.6M	$17.7M	75x	as long as short
OKX CRV-USDT-SWAPlong	+0.0100%	8h	0.3639	long leg	$8.8M	$20.4M	50x
Gate CRV_USDT	+0.0100%	8h	0.3643	+0.110%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3640	+0.027%	$13.5M	$5.6M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3643	+0.110%	$6.1M	$8.6M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3642	+0.082%	$6.8M	$5.1M	75x	as long as short
BingX CRV-USDT	+0.0100%	8h	0.3642	+0.082%	—	$23.5M	—	as long as short
Variational Omni CRV	+0.0100%	8h	0.3629	−0.279%	$1.1M	$101K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3625	−0.376%	$37K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3629	−0.267%	$513K	$451K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3626	−0.357%	$52K	$685K	50x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3698	+1.621%	$1K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3641	+0.054%	$258K	$493K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3637	−0.066%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3637	−0.055%	$1.4M	$4.1M	75x	as long as short
Hyperliquid CRV	+0.0358%	1h	0.3644	+0.151%	$22.0M	$14.9M	10x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0417% / S −0.0177%	1h	0.3638	−0.020%	$213K	—	100x	as long as short
Coinbase International CRV-PERP-INTX	+0.0432%	1h	0.3640	+0.027%	$382K	$4.0M	50x	as long as short
Kraken Futures PF_CRVUSD	+0.0722%	1h	0.3645	+0.153%	$3.1M	$2.6M	50x	as long as short