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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.282%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.029%+$3 on $10k
Price spread, last 7 days−0.248%−$25 · spread now +0.282%, 7d avg +0.035%
Together, before fees−0.219%−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.247% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRVUSDT0.35430.0070pay 0.0070% / 8h6h 54m$26.6M$18.9M75x
ShortBinance CRVUSDT0.35530.0100get 0.0100% / 8h6h 54m$24.6M$55.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$6.34
Price spread: +0.282% → +0.035%
$24.69
Slippage, 4 orders
−$32.21
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$22.18
Costs to cover
0.532%
Break-even
31.5 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 4 min ago1.40 bp13.0 bp −$1332.9 bp −$329doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.39 bp14.8 bp −$1533.5 bp −$335140.6 bp −$14.1Kdoesn'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
ApeX Omni CRVUSDT−0.0335%1h0.3584+1.157%$52K$653K50xas long as short
Backpack CRV_USDC_PERP−0.0267%1h0.3548+0.150%$93K$251K10xas long as short
Variational Omni CRV−0.0052%8h0.3574+0.869%$1.1M$105Kas long as short
Reya CRVRUSDPERP−0.0048%1h0.3562+0.543%$1515xas long as short
Deribit CRV_USDC-PERPETUAL−0.0031%1h0.3556+0.367%$53K$45K25xas long as short
Phoenix CRV−0.0022%1h0.3586+1.202%$26K$176K10xas long as short
dYdX CRV-USD0.0000%1h0.3547+0.107%$40K$13K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+3.585%$79$384K12xas long as short
Bybit CRVUSDTlong+0.0070%8h0.3543long leg$26.6M$18.9M75x
Lighter CRV+0.0096%1h0.3548+0.138%$375K$611K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRVUSDT+0.0100%8h0.3550+0.195%$128K$206K10xas long as short
Pacifica CRV+0.0100%1h0.3547+0.109%$358K$200K10xas long as short
Binance CRVUSDTshort+0.0100%8h0.3553+0.282%$24.6M$55.9M75x
OKX CRV-USDT-SWAP+0.0100%8h0.3547+0.113%$8.6M$19.8M50xas long as short
Gate CRV_USDT+0.0100%8h0.3548+0.141%$1.8M$1.0M50xas long as short
MEXC CRV_USDT+0.0100%8h0.35430.000%$12.3M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3552+0.254%$6.7M$8.3M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3549+0.169%$6.6M$5.1M75xas long as short
BingX CRV-USDT+0.0100%8h0.3548+0.141%$23.5Mas long as short
edgeX CRVUSDC+0.0100%4h0.3586+1.211%$37K$174K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3590+1.338%$501K$416K10xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3565+0.621%$24K$85010xas long as short
SunX CRV-USDT+0.0100%8h0.3625+2.314%$2K$1.3M20xas long as short
Aevo CRV-PERP+0.0104%1h0.3556+0.356%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3554+0.310%$1.3M$3.7M75xas long as short
Extended CRV-USD+0.0248%1h0.3547+0.125%$252K$510K25xas long as short
Hyperliquid CRV+0.0397%1h0.3555+0.333%$20.8M$16.8M10xas long as short
GMX CRV/USD [ETH-USDC]L +0.0415% / S −0.0178%1h0.3563+0.572%$209K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3558+0.423%$354K$4.2M50xas long as short
Kraken Futures PF_CRVUSD+0.0611%1h0.3555+0.333%$3.0M$2.5M50xas long as short