CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0284%/8h= +31.1% APRnext payment +$0.36 per $10,000 · paid last 24h +0.006%

Price spread now: Coinbase International against ApeX Omni+0.140%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$610.611% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.008%−$1 on $10k

Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.140%, 7d avg +0.060%

Together, before fees−0.089%−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.080% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.060%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.008% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CRVUSDT	0.3566	0.0100	pay 0.0013% / 1h	27m 08s	$53K	$681K	50x
Short	Coinbase International CRV-PERP-INTX	0.3571	0.0384	get 0.0048% / 1h	27m 08s	$349K	$4.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.140%Rate

Funding earned: $59.64
Price spread: +0.140% → +0.060%: $7.99
Slippage, 4 orders: −$41.14
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $6.49
Costs to cover: 0.611%
Break-even: 6.2 days

Slippage from ApeX Omni: live order book, 16 min ago; Coinbase International: live order book, 2 min ago.

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 ApeX Omni live order book, 16 min ago	9.74 bp	17.4 bp −$17	97.7 bp −$977	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	7.02 bp	12.0 bp −$12	18.1 bp −$181	doesn't fit	doesn't fit

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	0.3561	−0.142%	$15	—	15x	as long as short
Phoenix CRV	−0.0045%	1h	0.3563	−0.084%	$25K	$187K	10x	as long as short
Backpack CRV_USDC_PERP	−0.0041%	1h	0.3577	+0.294%	$97K	$216K	10x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3562	−0.118%	$37K	$8K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	0.0000%	1h	0.3574	+0.224%	$54K	$45K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+2.916%	$79	$384K	12x	as long as short
Variational Omni CRV	+0.0053%	8h	0.3565	−0.032%	$1.1M	$94K	—	as long as short
Lighter CRV	+0.0096%	1h	0.3573	+0.193%	$378K	$716K	10x	as long as short
Hyperliquid CRV	+0.0100%	1h	0.3577	+0.306%	$20.9M	$16.6M	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3574	+0.231%	$114K	$195K	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	0.3564	−0.051%	$362K	$198K	10x	as long as short
Binance CRVUSDT	+0.0100%	8h	0.3575	+0.241%	$24.7M	$57.5M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3571	+0.140%	$26.9M	$19.7M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3575	+0.252%	$8.7M	$20.5M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3573	+0.196%	$1.8M	$1.3M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3576	+0.280%	$12.5M	$5.7M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3574	+0.224%	$5.9M	$8.2M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3576	+0.280%	$6.7M	$5.4M	75x	as long as short
BingX CRV-USDT	+0.0100%	8h	0.3572	+0.168%	—	$23.5M	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3563	−0.073%	$37K	$173K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3570	+0.112%	$505K	$435K	10x	as long as short
ApeX Omni CRVUSDTlong	+0.0100%	1h	0.3566	long leg	$53K	$681K	50x
Orderly PERP_CRV_USDC	+0.0100%	8h	0.3574	+0.224%	$24K	$928	10x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3646	+2.243%	$2K	$1.3M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3573	+0.201%	$253K	$511K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3574	+0.222%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3572	+0.168%	$1.3M	$3.9M	75x	as long as short
Coinbase International CRV-PERP-INTXshort	+0.0384%	1h	0.3571	+0.140%	$349K	$4.4M	50x
GMX CRV/USD [ETH-USDC]	L +0.0414% / S −0.0177%	1h	0.3574	+0.221%	$209K	—	100x	as long as short
Kraken Futures PF_CRVUSD	+0.0559%	1h	0.3579	+0.363%	$3.0M	$2.8M	50x	as long as short