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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRpaid last 24h +0.009%
Price spread now: GMX against SunX−0.863%7-day average −0.332% · 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 3 days (all we have)+0.095%+$10 on $10k
Price spread, last 3 days (all we have)+0.860%+$86 · spread now −0.863%, 7d avg −0.332%
Together, before fees+0.955%+$95 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.531% cheaper against SunX than usual: you would sell low and buy high (spread −0.863% now, against its 7-day average of −0.332%). If the spread goes back, that is −$53 on $10k: about 29 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CRV-USDT0.37210.0100pay 0.0100% / 8h1h 38m$2K$1.3M20x
ShortGMX CRV/USD [ETH-USDC]0.3689L +0.0403% / S −0.0160%get 0.0020% / 1h38m 04s$219K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$12.62
Price spread: −0.863% → −0.332%
−$53.1
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
−$60.48
Costs to cover
0.200%
Break-even
40.6 days
Slippage unknown: SunX: live order book, 6 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago446.63 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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
Deribit CRV_USDC-PERPETUAL−0.0292%1h0.3685−0.967%$57K$48K25xas long as short
Injective CRV/USDC PERP−0.0228%1h0.3620−2.714%$78$318K12xas long as short
Phoenix CRV−0.0176%1h0.3688−0.890%$26K$181K10xas long as short
Reya CRVRUSDPERP−0.0049%1h0.3685−0.965%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3689−0.867%$38K$4K10xas long as short
Kraken Futures PF_CRVUSD+0.0027%1h0.3687−0.925%$3.1M$3.2M50xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3686−0.941%$25K$1K10xas long as short
Lighter CRV+0.0096%1h0.3682−1.053%$416K$702K10xas long as short
Aster CRVUSDT+0.0100%8h0.3685−0.966%$132K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3688−0.876%$381K$189K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3681−1.075%$25.9M$57.1M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3682−1.048%$28.0M$17.2M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3682−1.048%$8.8M$22.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3685−0.967%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3680−1.102%$14.8M$5.5M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3685−0.967%$7.1M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3686−0.941%$7.0M$5.6M75xas long as short
BingX CRV-USDC+0.0100%8h0.3681−1.075%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3688−0.885%$1.1M$138Kas long as short
edgeX CRVUSDC+0.0100%4h0.3684−1.004%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3684−1.006%$513K$437K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3684−0.994%$61K$694K50xas long as short
SunX CRV-USDTlong+0.0100%8h0.3721long leg$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3681−1.086%$245K$883K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3682−1.048%$19K$9K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3682−1.048%$1.4M$4.5M75xas long as short
Coinbase International CRV-PERP-INTX+0.0376%1h0.3688−0.887%$387K$4.8M50xas long as short
GMX CRV/USD [ETH-USDC]shortL +0.0403% / S −0.0160%1h0.3689−0.863%$219K100x
Backpack CRV_USDC_PERP+0.0435%1h0.3685−0.978%$107K$362K10xas long as short
Hyperliquid CRV+0.0449%1h0.3686−0.927%$22.9M$16.6M10xas long as short