Funding you earn now, next payment 07:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.025%
Price spread now: Coinbase International against Orderly+0.056%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.056% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CRV_USDC | 0.3562 | 0.0100 | pay 0.0100% / 8h | 12m 43s | $24K | $928 | 10x |
| Short | Coinbase International CRV-PERP-INTX | 0.3564 | 0.0400 | get 0.0050% / 1h | 12m 43s | $358K | $4.3M | 50x |
Orderly PERP_CRV_USDC
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Orderly. 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
- $63
- Price spread: +0.056% → 0.000%
- $5.61
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $52.61
- Costs to cover
- 0.160%
- Break-even
- 1.2 days
Slippage unknown: Orderly: no order-book sample; Coinbase International: live order book, 1 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 1 min ago | 7.02 bp | 12.0 bp −$12 | 18.7 bp −$187 | doesn't fit | doesn't fit |
Orderly: 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 CRVRUSDPERP | −0.0048% | 1h | 0.3561 | −0.020% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0040% | 1h | 0.3564 | +0.059% | $93K | $256K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3561 | −0.028% | $53K | $46K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3563 | +0.028% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3559 | −0.090% | $25K | $187K | 10x | as long as short |
| Variational Omni CRV | +0.0013% | 8h | 0.3550 | −0.338% | $1.1M | $94K | — | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.032% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3559 | −0.081% | $375K | $698K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3564 | +0.065% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3561 | −0.024% | $114K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Phoenix CRV
Variational Omni CRV
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3560 | −0.054% | $359K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3560 | −0.052% | $24.5M | $57.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3558 | −0.112% | $26.8M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3561 | −0.028% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3562 | 0.000% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3560 | −0.056% | $12.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3563 | +0.028% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3562 | 0.000% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3560 | −0.056% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3553 | −0.257% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3550 | −0.333% | $494K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3554 | −0.225% | $52K | $669K | 50x | as long as short |
| Orderly PERP_CRV_USDClong | +0.0100% | 8h | 0.3562 | long leg | $24K | $928 | 10x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3639 | +2.162% | $948 | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3560 | −0.056% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0160% | 1h | 0.3559 | −0.095% | $250K | $515K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3563 | +0.028% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0400% | 1h | 0.3564 | +0.056% | $358K | $4.3M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3553 | −0.250% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0745% | 1h | 0.3565 | +0.098% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD