Funding you earn now, next payment 00:00 UTC+0.0284%/8h= +31.1% APRpaid last 24h −0.060%
Price spread now: Coinbase International against edgeX−0.095%7-day average +0.154% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 3 days (all we have)+0.205%+$21 · spread now −0.095%, 7d avg +0.154%
=Together, before fees+0.157%+ Points / potential airdropedgeX: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.249% cheaper against edgeX than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.154%). If the spread goes back, that is −$25 on $10k: about 2.9 days of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CRVUSDC | 0.3680 | 0.0100 | pay 0.0050% / 4h | 3h 03m | $38K | $173K | 20x |
| Short | Coinbase International CRV-PERP-INTX | 0.3677 | 0.0384 | get 0.0048% / 1h | 3m 31s | $384K | $4.7M | 50x |
edgeX CRVUSDC
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $59.64
- Price spread: −0.095% → +0.154%
- −$24.87
- Slippage, 4 orders
- −$62.51
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$46.73
- Costs to cover
- 0.815%
- Break-even
- 12.5 days
Slippage from edgeX: live order book, 3 min ago; Coinbase International: live order book, 5 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 edgeX live order book, 3 min ago | 21.82 bp | 26.3 bp −$26 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 8.15 bp | 15.7 bp −$16 | 21.3 bp −$213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3676 | −0.133% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3669 | −0.302% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3653 | −0.749% | $38K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3668 | −0.339% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.285% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3670 | −0.280% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3652 | −0.774% | $407K | $728K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3669 | −0.312% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3659 | −0.590% | $130K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3652 | −0.763% | $372K | $211K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3650 | −0.828% | $25.5M | $55.7M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3649 | −0.855% | $27.8M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3648 | −0.883% | $8.8M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3653 | −0.747% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3650 | −0.828% | $15.1M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3654 | −0.720% | $6.6M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3653 | −0.747% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3651 | −0.801% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3665 | −0.426% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDClong | +0.0100% | 4h | 0.3680 | long leg | $38K | $173K | 20x | |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3670 | −0.285% | $518K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3669 | −0.312% | $53K | $698K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3706 | +0.693% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3649 | −0.864% | $247K | $790K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3668 | −0.339% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3666 | −0.394% | $1.4M | $4.2M | 75x | as long as short |
| Hyperliquid CRV | +0.0321% | 1h | 0.3661 | −0.524% | $22.7M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0384% | 1h | 0.3677 | −0.095% | $384K | $4.7M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0174% | 1h | 0.3670 | −0.284% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0492% | 1h | 0.3664 | −0.437% | $99K | $295K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP