Funding arb · Price arb /

CRV

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.3% APRpaid last 24h +0.045%

Price spread now: BingX against Reya−0.059%7-day average — · you buy dearer than you sell

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

Long on Reya Short on BingX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. BingX is 0.059% cheaper against Reya than usual: you would sell low and buy high (spread −0.059% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 32 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Reya CRVRUSDPERP	0.3627	−0.0048	get 0.0006% / 1h	26m 14s	$16	—	15x
Short	BingX CRV-USDC	0.3625	0.0100	get 0.0100% / 8h	4h 26m	—	$1.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Reya. 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 ReyabpFee BingXbpOrdersPrice spread, now −0.059%Rate

Funding earned: $31.17
Price spread: −0.059% → 0.000%: −$5.92
Slippage, 4 orders: no order book: not counted
Fee Reya: 3 bp × 2 orders: −$6
Fee BingX: 5 bp × 2 orders: −$10
Net: $9.25
Costs to cover: 0.160%
Break-even: 4.9 days

Slippage unknown: Reya: no order-book sample; BingX: live order book, 6 min ago. 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 Reya no order-book sample	—	—	—	—	—
Sell BingX live order book, 6 min ago	13.78 bp	37.7 bp −$38	73.8 bp −$738	398.5 bp −$39.8K	933.7 bp −$466.9K

Reya: 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 CRVRUSDPERPlong	−0.0048%	1h	0.3627	long leg	$16	—	15x
Backpack CRV_USDC_PERP	−0.0005%	1h	0.3631	+0.098%	$99K	$297K	10x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3627	−0.010%	$37K	$7K	10x	as long as short
Phoenix CRV	0.0000%	1h	0.3631	+0.112%	$26K	$168K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	+0.0026%	1h	0.3628	+0.024%	$55K	$48K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+1.181%	$79	$384K	12x	as long as short
Lighter CRV	+0.0096%	1h	0.3627	−0.004%	$382K	$707K	10x	as long as short
Orderly PERP_CRV_USDC	+0.0099%	8h	0.3628	+0.024%	$24K	$902	10x	as long as short
Hyperliquid CRV	+0.0100%	1h	0.3631	+0.120%	$22.0M	$15.0M	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3628	+0.027%	$129K	$180K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica CRV	+0.0100%	1h	0.3628	+0.018%	$368K	$198K	10x	as long as short
Binance CRVUSDT	+0.0100%	8h	0.3629	+0.040%	$24.9M	$54.5M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3627	−0.004%	$27.5M	$17.7M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3627	−0.004%	$8.7M	$20.5M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3626	−0.032%	$1.9M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3629	+0.051%	$14.0M	$5.5M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3627	−0.004%	$6.2M	$8.7M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3630	+0.079%	$6.8M	$5.2M	75x	as long as short
BingX CRV-USDCshort	+0.0100%	8h	0.3625	−0.059%	—	$1.6M	—
Variational Omni CRV	+0.0100%	8h	0.3625	−0.063%	$1.1M	$102K	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3628	+0.022%	$37K	$174K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3630	+0.066%	$506K	$441K	10x	as long as short
ApeX Omni CRVUSDT	+0.0100%	1h	0.3639	+0.327%	$52K	$685K	50x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3677	+1.374%	$1K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3627	−0.015%	$238K	$477K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3628	+0.013%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3631	+0.106%	$1.4M	$4.0M	75x	as long as short
Coinbase International CRV-PERP-INTX	+0.0384%	1h	0.3631	+0.106%	$381K	$4.0M	50x	as long as short
GMX CRV/USD [ETH-USDC]	L +0.0417% / S −0.0177%	1h	0.3625	−0.070%	$212K	—	100x	as long as short
Kraken Futures PF_CRVUSD	+0.0697%	1h	0.3631	+0.114%	$3.1M	$2.5M	50x	as long as short