CRV

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0292%/8h= +32.0% APRnext payment +$0.36 per $10,000 · paid last 24h +0.068%

Price spread now: Coinbase International against ApeX Omni+0.084%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$570.573% 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+0.009%+$1 on $10k

Price spread, last 4 days (all we have)−0.161%−$16 · spread now +0.084%, 7d avg +0.074%

Together, before fees−0.152%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% 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 are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CRVUSDT	0.3588	0.0100	pay 0.0013% / 1h	7m 09s	$52K	$648K	50x
Short	Coinbase International CRV-PERP-INTX	0.3591	0.0392	get 0.0049% / 1h	7m 09s	$357K	$4.0M	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 +0.084%Rate

Funding earned: $61.32
Price spread: +0.084% → +0.074%: $1
Slippage, 4 orders: −$37.32
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $5
Costs to cover: 0.573%
Break-even: 6.4 days

Slippage from ApeX Omni: live order book, 39 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 ApeX Omni live order book, 39 min ago	8.47 bp	16.1 bp −$16	102.8 bp −$1,028	doesn't fit	doesn't fit
Sell Coinbase International live order book, 5 min ago	5.57 bp	15.5 bp −$15	21.6 bp −$216	doesn't fit	doesn't fit

CRV on 30 exchanges

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
Variational Omni CRV	−0.0141%	8h	0.3579	−0.262%	$1.1M	$129K	—	as long as short
Reya CRVRUSDPERP	−0.0048%	1h	0.3585	−0.096%	$15	—	15x	as long as short
Phoenix CRV	−0.0022%	1h	0.3588	0.000%	$26K	$171K	10x	as long as short
dYdX CRV-USD	0.0000%	1h	0.3587	−0.026%	$40K	$13K	10x	as long as short
Deribit CRV_USDC-PERPETUAL	0.0000%	1h	0.3586	−0.056%	$55K	$45K	25x	as long as short
Injective CRV/USDC PERP	+0.0033%	1h	0.3670	+2.285%	$79	$384K	12x	as long as short
Backpack CRV_USDC_PERP	+0.0034%	1h	0.3589	+0.025%	$93K	$215K	10x	as long as short
Lighter CRV	+0.0096%	1h	0.3587	−0.039%	$386K	$615K	10x	as long as short
Aster CRVUSDT	+0.0100%	8h	0.3592	+0.106%	$140K	$129K	10x	as long as short
Pacifica CRV	+0.0100%	1h	0.3587	−0.028%	$362K	$190K	10x	as long as short

Show all 30 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CRVUSDT	+0.0100%	8h	0.3591	+0.073%	$24.9M	$51.5M	75x	as long as short
Bybit CRVUSDT	+0.0100%	8h	0.3587	−0.028%	$26.9M	$18.1M	75x	as long as short
OKX CRV-USDT-SWAP	+0.0100%	8h	0.3585	−0.084%	$8.7M	$18.7M	50x	as long as short
Gate CRV_USDT	+0.0100%	8h	0.3588	0.000%	$1.8M	$1.1M	50x	as long as short
MEXC CRV_USDT	+0.0100%	8h	0.3585	−0.084%	$12.6M	$5.3M	125x	as long as short
KuCoin CRVUSDTM	+0.0100%	8h	0.3588	0.000%	$6.5M	$8.3M	50x	as long as short
Bitget CRVUSDT	+0.0100%	8h	0.3588	0.000%	$6.7M	$4.3M	75x	as long as short
BingX CRV-USDT	+0.0100%	8h	0.3586	−0.056%	—	$40.0M	—	as long as short
edgeX CRVUSDC	+0.0100%	4h	0.3585	−0.089%	$37K	$170K	20x	as long as short
GRVT CRV_USDT_Perp	+0.0100%	8h	0.3590	+0.056%	$510K	$377K	10x	as long as short
ApeX Omni CRVUSDTlong	+0.0100%	1h	0.3588	long leg	$52K	$648K	50x
Orderly PERP_CRV_USDC	+0.0100%	8h	0.3586	−0.056%	$24K	$850	10x	as long as short
SunX CRV-USDT	+0.0100%	8h	0.3660	+2.007%	$2K	$1.2M	20x	as long as short
Extended CRV-USD	+0.0104%	1h	0.3584	−0.116%	$255K	$532K	25x	as long as short
Aevo CRV-PERP	+0.0104%	1h	0.3585	−0.082%	$13K	$6K	3x	as long as short
BloFin CRV-USDT	+0.0220%	8h	0.3585	−0.084%	$1.3M	$3.5M	75x	as long as short
Coinbase International CRV-PERP-INTXshort	+0.0392%	1h	0.3591	+0.084%	$357K	$4.0M	50x
GMX CRV/USD [ETH-USDC]	L +0.0415% / S −0.0178%	1h	0.3586	−0.047%	$210K	—	100x	as long as short
Hyperliquid CRV	+0.0484%	1h	0.3594	+0.153%	$21.5M	$16.0M	10x	as long as short
Kraken Futures PF_CRVUSD	+0.0656%	1h	0.3590	+0.058%	$3.0M	$2.1M	50x	as long as short