Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: dYdX against Bybit−0.026%110s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.026% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRVUSDT | 0.3588 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $26.9M | $18.1M | 75x |
| Short | dYdX CRV-USD | 0.3587 | 0 | get 0.0000% / 1h | 6m 54s | $40K | $13K | 10x |
Bybit CRVUSDT
dYdX CRV-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- −$21
- Price spread: −0.026% → 0.000%
- −$2.6
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$44.6
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; dYdX: no order-book sample. 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 Bybit live order book, 5 min ago | 1.40 bp | 18.4 bp −$18 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 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-USDshort | 0.0000% | 1h | 0.3587 | −0.026% | $40K | $13K | 10x | |
| 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 | 0.3593 | +0.133% | $140K | $129K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3587 | −0.028% | $362K | $190K | 10x | as long as short |
Variational Omni CRV
Reya CRVRUSDPERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Lighter CRV
Aster CRVUSDT
Pacifica CRVShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3592 | +0.101% | $24.9M | $51.5M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3588 | long leg | $26.9M | $18.1M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3589 | +0.028% | $8.7M | $18.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3591 | +0.084% | $1.8M | $1.1M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3590 | +0.056% | $12.6M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3593 | +0.139% | $6.5M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3591 | +0.084% | $6.8M | $4.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3589 | +0.028% | — | $1.6M | — | 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 CRVUSDT | +0.0100% | 1h | 0.3588 | 0.000% | $52K | $648K | 50x | as long as short |
| 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 | 0.3589 | +0.038% | $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-INTX | +0.0392% | 1h | 0.3591 | +0.084% | $357K | $4.0M | 50x | as long as short |
| 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 |
Binance 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
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Kraken Futures PF_CRVUSD