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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0276%/8h= +30.2% APRpaid last 24h +0.066%
Price spread now: SunX against Phoenix+1.432%7-day average +0.385% · you sell dearer than you buy
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+0.613%+$61 on $10k
Price spread, last 3 days (all we have)−1.348%−$135 · spread now +1.432%, 7d avg +0.385%
Together, before fees−0.736%−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and SunX is 1.048% dearer against Phoenix than usual: you sell high and buy low: +$105 more if the spread goes back to its 7-day average of +0.385%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix CRV0.3659−0.0176get 0.0022% / 1h46m 44s$26K$181K10x
ShortSunX CRV-USDT0.37110.0100get 0.0100% / 8h1h 46m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phoenix. 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
$57.99
Price spread: +1.432% → +0.385%
$104.77
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
$147.76
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Phoenix: live order book, 30 min ago; SunX: live order book, 7 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 Phoenix live order book, 30 min ago1.38 bp17.1 bp −$1775.1 bp −$751doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago413.00 bpdoesn't fitdoesn't fitdoesn'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
Deribit CRV_USDC-PERPETUAL−0.0295%1h0.3667+0.230%$57K$48K25xas long as short
Injective CRV/USDC PERP−0.0228%1h0.3620−1.055%$78$318K12xas long as short
Phoenix CRVlong−0.0176%1h0.3659long leg$26K$181K10x
Reya CRVRUSDPERP−0.0049%1h0.3669+0.291%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3672+0.367%$38K$4K10xas long as short
Kraken Futures PF_CRVUSD+0.0027%1h0.3672+0.370%$3.1M$3.3M50xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3669+0.284%$24K$1K10xas long as short
Lighter CRV+0.0096%1h0.3674+0.407%$416K$700K10xas long as short
Aster CRVUSDT+0.0100%8h0.3674+0.431%$131K$186K10xas long as short
Pacifica CRV+0.0100%1h0.3674+0.410%$377K$187K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3673+0.384%$25.7M$57.6M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3674+0.421%$27.8M$17.2M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3672+0.366%$8.7M$22.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3673+0.394%$2.0M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3672+0.366%$14.7M$5.4M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3676+0.476%$7.1M$9.1M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3675+0.448%$6.9M$5.7M75xas long as short
BingX CRV-USDC+0.0100%8h0.3673+0.394%$1.7Mas long as short
Variational Omni CRV+0.0100%8h0.3656−0.066%$1.1M$145Kas long as short
edgeX CRVUSDC+0.0100%4h0.3659+0.020%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3660+0.038%$510K$437K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3657−0.044%$60K$696K50xas long as short
SunX CRV-USDTshort+0.0100%8h0.3711+1.432%$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3672+0.379%$243K$885K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3670+0.299%$19K$9K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3671+0.339%$1.4M$4.6M75xas long as short
Coinbase International CRV-PERP-INTX+0.0376%1h0.3674+0.421%$391K$4.8M50xas long as short
Backpack CRV_USDC_PERP+0.0396%1h0.3672+0.364%$105K$361K10xas long as short
GMX CRV/USD [ETH-USDC]L +0.0403% / S −0.0160%1h0.3669+0.298%$218K100xas long as short
Hyperliquid CRV+0.0442%1h0.3680+0.590%$22.8M$16.8M10xas long as short