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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h −0.053%
Price spread now: Coinbase International against SunX−1.325%7-day average −0.316% · you buy dearer than you sell
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−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.974%+$97 · spread now −1.325%, 7d avg −0.316%
Together, before fees+0.931%+$93 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 1.009% cheaper against SunX than usual: you would sell low and buy high (spread −1.325% now, against its 7-day average of −0.316%). If the spread goes back, that is −$101 on $10k: about 14 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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
LongSunX CRV-USDT0.36990.0100pay 0.0100% / 8h5h 42m$2K$1.3M20x
ShortCoinbase International CRV-PERP-INTX0.36500.0344get 0.0043% / 1h42m 03s$383K$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$51.24
Price spread: −1.325% → −0.316%
−$100.85
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$67.61
Costs to cover
0.180%
Break-even
16.2 days
Slippage unknown: SunX: live order book, 2 min ago; Coinbase International: live order book, 2 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 SunX live order book, 2 min ago396.09 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 2 min ago6.84 bp11.8 bp −$1218.1 bp −$181doesn'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
Phoenix CRV−0.0065%1h0.3648−1.368%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3654−1.219%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3656−1.168%$38K$7K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3654−1.217%$55K$49K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−0.784%$79$384K12xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3654−1.217%$24K$90210xas long as short
Lighter CRV+0.0096%1h0.3653−1.238%$385K$705K10xas long as short
Hyperliquid CRV+0.0100%1h0.3657−1.138%$22.1M$15.1M10xas long as short
Aster CRVUSDT+0.0100%8h0.3658−1.109%$130K$180K10xas long as short
Pacifica CRV+0.0100%1h0.3661−1.022%$371K$198K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3649−1.345%$25.2M$54.2M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3650−1.325%$27.7M$17.6M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3652−1.271%$8.8M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3657−1.135%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3653−1.244%$14.7M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3656−1.162%$6.3M$8.8M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3656−1.162%$6.8M$5.2M75xas long as short
BingX CRV-USDT+0.0100%8h0.3655−1.190%$23.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3655−1.184%$101K$296K10xas long as short
Variational Omni CRV+0.0100%8h0.3651−1.288%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3645−1.464%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3643−1.516%$514K$429K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3642−1.541%$52K$688K50xas long as short
SunX CRV-USDTlong+0.0100%8h0.3699long leg$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3651−1.297%$242K$475K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3653−1.238%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3658−1.108%$1.4M$3.9M75xas long as short
Coinbase International CRV-PERP-INTXshort+0.0344%1h0.3650−1.325%$383K$4.1M50x
Kraken Futures PF_CRVUSD+0.0371%1h0.3658−1.118%$3.1M$2.6M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0435% / S −0.0189%1h0.3655−1.190%$221K100xas long as short