Funding you earn now, next payment 07:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.006%
Price spread now: Coinbase International against OKX+0.983%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs+$28as in the Price arb table
costs, in and out, $10k−$580.580% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)−0.902%−$90 · spread now +0.983%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Coinbase International is 0.857% dearer against OKX than usual: you sell high and buy low: +$86 more if the spread goes back to its 7-day average of +0.127%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.053% in total (about 2.8% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRV-USDT-SWAP | 0.3559 | 0.0100 | pay 0.0100% / 8h | 59m 17s | $8.7M | $20.3M | 50x |
| Short | Coinbase International CRV-PERP-INTX | 0.3594 | 0.0400 | get 0.0050% / 1h | 59m 17s | $351K | $4.4M | 50x |
OKX CRV-USDT-SWAP
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against OKX. 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
- $63
- Price spread: +0.983% → +0.127%
- $85.66
- Slippage, 4 orders
- −$38.05
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $90.61
- Costs to cover
- 0.580%
- Break-even
- from the start
Slippage from OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.40 bp | 15.4 bp −$15 | 36.7 bp −$367 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 7.00 bp | 12.0 bp −$12 | 18.8 bp −$188 | doesn't fit | doesn't fit |
CRV on 30 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0311% | 1h | 0.3560 | +0.028% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | −0.0076% | 1h | 0.3566 | +0.188% | $97K | $216K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3560 | +0.040% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3564 | +0.149% | $25K | $187K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3562 | +0.075% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.119% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0039% | 8h | 0.3557 | −0.060% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3560 | +0.039% | $374K | $686K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3565 | +0.157% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3563 | +0.118% | $114K | $193K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3562 | +0.098% | $361K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3560 | +0.042% | $24.6M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3556 | −0.084% | $26.8M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3559 | long leg | $8.7M | $20.3M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3563 | +0.112% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3563 | +0.112% | $12.2M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3563 | +0.112% | $6.4M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3563 | +0.112% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3561 | +0.056% | — | $1.7M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3561 | +0.046% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3568 | +0.258% | $505K | $422K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3564 | +0.140% | $53K | $674K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3561 | +0.056% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3633 | +2.079% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3560 | +0.042% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0168% | 1h | 0.3560 | +0.015% | $251K | $514K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3562 | +0.084% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0400% | 1h | 0.3594 | +0.983% | $351K | $4.4M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3561 | +0.052% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0745% | 1h | 0.3565 | +0.169% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
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
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD