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

CRV

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bybit+0.017%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$990.990% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.098%+$10 on $10k
Price spread, last 4 days (all we have)+0.233%+$23 · spread now +0.017%, 7d avg +0.095%
Together, before fees+0.331%+ Points / potential airdropPacifica: Active · farm board+$33 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.078% cheaper against Bybit than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.095%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CRVUSDT0.36110.0100pay 0.0100% / 8h4h 41m$27.4M$17.6M75x
ShortPacifica CRV0.36120.0100get 0.0013% / 1h41m 33s$366K$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$0
Price spread: +0.017% → +0.095%
−$7.81
Slippage, 4 orders
−$80.05
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$106.85
Costs to cover
0.990%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; Pacifica: live order book, 17 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, 2 min ago1.39 bp14.5 bp −$1535.7 bp −$357doesn't fitdoesn't fit
Sell Pacifica live order book, 17 min ago16.58 bp48.4 bp −$48doesn'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
Backpack CRV_USDC_PERP−0.0096%1h0.3608−0.072%$99K$296K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3611+0.011%$1515xas long as short
dYdX CRV-USD0.0000%1h0.3612+0.018%$37K$7K10xas long as short
Phoenix CRV0.0000%1h0.3606−0.141%$26K$168K10xas long as short
Deribit CRV_USDC-PERPETUAL+0.0027%1h0.3607−0.111%$55K$48K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+1.634%$79$384K12xas long as short
Lighter CRV+0.0096%1h0.3611−0.011%$382K$704K10xas long as short
Orderly PERP_CRV_USDC+0.0097%8h0.3607−0.111%$24K$90210xas long as short
Hyperliquid CRV+0.0100%1h0.3616+0.141%$21.9M$15.0M10xas long as short
Aster CRVUSDT+0.0100%8h0.3614+0.093%$129K$179K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRVshort+0.0100%1h0.3612+0.017%$366K$198K10x
Binance CRVUSDT+0.0100%8h0.3612+0.034%$24.9M$54.0M75xas long as short
Bybit CRVUSDTlong+0.0100%8h0.3611long leg$27.4M$17.6M75x
OKX CRV-USDT-SWAP+0.0100%8h0.3613+0.055%$8.6M$20.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3613+0.055%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.36110.000%$14.0M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3613+0.055%$6.2M$8.7M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3614+0.083%$6.7M$5.2M75xas long as short
BingX CRV-USDC+0.0100%8h0.3612+0.028%$1.6Mas long as short
Variational Omni CRV+0.0100%8h0.3603−0.226%$1.1M$102Kas long as short
edgeX CRVUSDC+0.0100%4h0.3609−0.051%$37K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3610−0.031%$509K$433K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3606−0.138%$52K$684K50xas long as short
SunX CRV-USDT+0.0100%8h0.3648+1.025%$2K$1.2M20xas long as short
Extended CRV-USD+0.0104%1h0.3611+0.002%$236K$476K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3605−0.163%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.36110.000%$1.4M$4.0M75xas long as short
Coinbase International CRV-PERP-INTX+0.0384%1h0.36110.000%$376K$4.0M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0416% / S −0.0177%1h0.3605−0.154%$211K100xas long as short
Kraken Futures PF_CRVUSD+0.0701%1h0.3609−0.061%$3.0M$2.5M50xas long as short