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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h −0.060%
Price spread now: Coinbase International against SunX−1.266%7-day average −0.300% · you buy dearer than you sell
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−0.045%−$5 on $10k
Price spread, last 3 days (all we have)+1.173%+$117 · spread now −1.266%, 7d avg −0.300%
Together, before fees+1.128%+$113 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.966% cheaper against SunX than usual: you would sell low and buy high (spread −1.266% now, against its 7-day average of −0.300%). If the spread goes back, that is −$97 on $10k: about 13 days of funding at the current rate (+$7 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.4% 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
LongSunX CRV-USDT0.37130.0100pay 0.0100% / 8h5h 57m$2K$1.3M20x
ShortCoinbase International CRV-PERP-INTX0.36660.0344get 0.0043% / 1h57m 41s$384K$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against SunX. 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
$51.24
Price spread: −1.266% → −0.300%
−$96.55
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$63.31
Costs to cover
0.180%
Break-even
15.6 days
Slippage unknown: SunX: live order book, 6 min ago; Coinbase International: live order book, 1 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 SunX live order book, 6 min ago415.60 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 1 min ago6.81 bp11.8 bp −$1218.0 bp −$180doesn't fitdoesn't fit

CRV on 29 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−0.0066%1h0.3673−1.085%$26K$149K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3661−1.402%$1615xas long as short
Deribit CRV_USDC-PERPETUAL−0.0023%1h0.3661−1.400%$56K$49K25xas long as short
dYdX CRV-USD0.0000%1h0.3652−1.646%$38K$7K10xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670−1.158%$79$384K12xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3661−1.400%$24K$90210xas long as short
Lighter CRV+0.0096%1h0.3649−1.713%$383K$703K10xas long as short
Hyperliquid CRV+0.0100%1h0.3657−1.516%$22.3M$15.1M10xas long as short
Aster CRVUSDT+0.0100%8h0.3655−1.549%$130K$180K10xas long as short
Pacifica CRV+0.0100%1h0.3651−1.677%$370K$198K10xas long as short
Show all 29 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CRVUSDT+0.0100%8h0.3651−1.670%$25.2M$54.4M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3651−1.670%$27.8M$17.6M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3648−1.751%$8.8M$20.4M50xas long as short
Gate CRV_USDT+0.0100%8h0.3654−1.589%$1.9M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3649−1.724%$14.7M$5.3M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3652−1.643%$6.3M$8.9M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3652−1.643%$6.8M$5.3M75xas long as short
BingX CRV-USDT+0.0100%8h0.3652−1.643%$23.6Mas long as short
Backpack CRV_USDC_PERP+0.0100%1h0.3660−1.417%$98K$267K10xas long as short
Variational Omni CRV+0.0100%8h0.3667−1.243%$1.1M$101Kas long as short
edgeX CRVUSDC+0.0100%4h0.3666−1.275%$38K$173K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3660−1.427%$516K$428K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3668−1.212%$53K$689K50xas long as short
SunX CRV-USDTlong+0.0100%8h0.3713long leg$2K$1.3M20x
Extended CRV-USD+0.0104%1h0.3650−1.693%$241K$474K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3660−1.414%$13K$6K3xas long as short
Coinbase International CRV-PERP-INTXshort+0.0344%1h0.3666−1.266%$384K$4.1M50x
Kraken Futures PF_CRVUSD+0.0371%1h0.3664−1.307%$3.1M$2.6M50xas long as short
GMX CRV/USD [ETH-USDC]L +0.0461% / S −0.0207%1h0.3661−1.390%$233K100xas long as short