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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h +0.060%
Price spread now: SunX against Coinbase International+1.340%7-day average +0.293% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.049%+$5 on $10k
Price spread, last 3 days (all we have)−1.253%−$125 · spread now +1.340%, 7d avg +0.293%
Together, before fees−1.204%−$120 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 1.047% dearer against Coinbase International than usual: you sell high and buy low (spread +1.340% now, against its 7-day average of +0.293%): +$105 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CRV-PERP-INTX0.36560.0384pay 0.0048% / 1h26m 09s$382K$4.6M50x
ShortSunX CRV-USDT0.37050.0100get 0.0100% / 8h7h 26m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Coinbase International. 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
−$59.64
Price spread: +1.340% → +0.293%
$104.71
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$27.07
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 3 min ago; SunX: live order book, 8 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 3 min ago6.83 bp11.8 bp −$1218.6 bp −$186doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago396.09 bpdoesn't fitdoesn'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
Phoenix CRV−0.0087%1h0.3655−0.030%$26K$168K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3661+0.135%$1615xas long as short
dYdX CRV-USD0.0000%1h0.3658+0.051%$38K$5K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3663+0.191%$56K$50K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.383%$79$384K12xas long as short
Kraken Futures PF_CRVUSD+0.0088%1h0.3667+0.305%$3.1M$2.8M50xas long as short
Lighter CRV+0.0096%1h0.3663+0.200%$410K$726K10xas long as short
Orderly PERP_CRV_USDC+0.0096%8h0.3663+0.191%$24K$92910xas long as short
Aster CRVUSDT+0.0100%8h0.3662+0.160%$130K$182K10xas long as short
Pacifica CRV+0.0100%1h0.3660+0.123%$373K$211K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3663+0.181%$25.6M$56.0M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3661+0.137%$27.8M$17.5M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3661+0.137%$8.8M$21.5M50xas long as short
Gate CRV_USDT+0.0100%8h0.3662+0.164%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3662+0.164%$15.1M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3663+0.191%$6.6M$9.2M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3665+0.246%$6.9M$5.6M75xas long as short
BingX CRV-USDT+0.0100%8h0.3663+0.191%$23.6Mas long as short
Variational Omni CRV+0.0100%8h0.3661+0.134%$1.1M$113Kas long as short
edgeX CRVUSDC+0.0100%4h0.3653−0.095%$38K$172K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3651−0.143%$516K$417K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3654−0.055%$52K$699K50xas long as short
SunX CRV-USDTshort+0.0100%8h0.3705+1.340%$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3662+0.169%$243K$937K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3662+0.164%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3652−0.109%$1.4M$4.3M75xas long as short
Hyperliquid CRV+0.0306%1h0.3667+0.290%$22.7M$16.6M10xas long as short
Coinbase International CRV-PERP-INTXlong+0.0384%1h0.3656long leg$382K$4.6M50x
GMX CRV/USD [ETH-USDC]L +0.0416% / S −0.0174%1h0.3663+0.198%$218K100xas long as short
Backpack CRV_USDC_PERP+0.0522%1h0.3667+0.312%$99K$295K10xas long as short