Funding you earn now, next payment 07:00 UTC+0.0387%/8h= +42.4% APRpaid last 24h +0.041%
Price spread now: Coinbase International against Variational Omni+0.255%7-day average +0.154% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.255%, 7d avg +0.154%
=Together, before fees−0.024%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Coinbase International is 0.101% dearer against Variational Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.154%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.130% in total (about 13.0% 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 | Variational Omni CRV | 0.3550 | 0.0013 | pay 0.0013% / 8h | 14m 13s | $1.1M | $94K | — |
| Short | Coinbase International CRV-PERP-INTX | 0.3559 | 0.0400 | get 0.0050% / 1h | 14m 13s | $357K | $4.3M | 50x |
Variational Omni CRV
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $81.3
- Price spread: +0.255% → +0.154%
- $10.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $81.36
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Coinbase International: live order book, 5 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 Variational Omni RFQ quote, 5 min ago | 4.23 bp | doesn't fit | 35.3 bp −$353 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 5.62 bp | 13.2 bp −$13 | 20.6 bp −$206 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0054% | 1h | 0.3559 | +0.249% | $93K | $256K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3551 | +0.030% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3556 | +0.176% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3557 | +0.207% | $25K | $187K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3560 | +0.283% | $53K | $46K | 25x | as long as short |
| Variational Omni CRVlong | +0.0013% | 8h | 0.3550 | long leg | $1.1M | $94K | — | |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.382% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3559 | +0.244% | $375K | $698K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3563 | +0.356% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3558 | +0.233% | $114K | $193K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
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 | 0.3557 | +0.212% | $359K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3558 | +0.238% | $24.5M | $57.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3555 | +0.142% | $26.8M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3560 | +0.283% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3557 | +0.199% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3557 | +0.199% | $12.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3560 | +0.283% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3558 | +0.227% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3558 | +0.227% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3552 | +0.047% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3557 | +0.192% | $495K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3558 | +0.227% | $52K | $670K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3558 | +0.227% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3641 | +2.565% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3558 | +0.241% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0160% | 1h | 0.3559 | +0.245% | $250K | $515K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3552 | +0.058% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0400% | 1h | 0.3559 | +0.255% | $357K | $4.3M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3553 | +0.088% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0746% | 1h | 0.3562 | +0.336% | $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-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD