Funding you earn now, next payment 22:00 UTC+0.0425%/8h= +46.5% APRnext payment +$0.53 per $10,000 · paid last 24h −0.018%
Price spread now: Coinbase International against Reya+0.075%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.075% dearer against Reya than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | Reya CRVRUSDPERP | 0.3671 | −0.0049 | get 0.0006% / 1h | 46m 26s | $16 | — | 15x |
| Short | Coinbase International CRV-PERP-INTX | 0.3674 | 0.0376 | get 0.0047% / 1h | 46m 26s | $391K | $4.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Reya. 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
- $89.15
- Price spread: +0.075% → 0.000%
- $7.52
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $80.68
- Costs to cover
- 0.160%
- Break-even
- 0.7 days
Slippage unknown: Reya: no order-book sample; Coinbase International: live order book, 2 min ago. 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 Reya no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 2 min ago | 4.08 bp | 14.2 bp −$14 | 20.0 bp −$200 | doesn't fit | doesn't fit |
Reya: 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 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 | −0.0295% | 1h | 0.3667 | −0.115% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3620 | −1.396% | $78 | $318K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3659 | −0.344% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERPlong | −0.0049% | 1h | 0.3671 | long leg | $16 | — | 15x | |
| dYdX CRV-USD | 0.0000% | 1h | 0.3672 | +0.022% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3672 | +0.024% | $3.1M | $3.3M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3669 | −0.061% | $24K | $1K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3674 | +0.062% | $416K | $700K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3674 | +0.078% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3675 | +0.102% | $378K | $187K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3671 | +0.005% | $25.8M | $57.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3672 | +0.021% | $27.8M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3671 | −0.006% | $8.7M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3673 | +0.048% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3671 | −0.006% | $14.6M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3676 | +0.130% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3674 | +0.075% | $6.9M | $5.7M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3672 | +0.021% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3656 | −0.410% | $1.1M | $145K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3659 | −0.324% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | −0.306% | $510K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3657 | −0.388% | $60K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3711 | +1.083% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3671 | +0.004% | $243K | $884K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3670 | −0.046% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3671 | −0.006% | $1.4M | $4.6M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0376% | 1h | 0.3674 | +0.075% | $391K | $4.8M | 50x | |
| Backpack CRV_USDC_PERP | +0.0396% | 1h | 0.3672 | +0.018% | $105K | $361K | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3674 | +0.062% | $218K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0438% | 1h | 0.3679 | +0.203% | $22.8M | $16.8M | 10x | as long as short |
Coinbase International CRV-PERP-INTX
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Kraken Futures PF_CRVUSD
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Backpack CRV_USDC_PERP
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV