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

CRV

all CRV markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0144%/8h= −15.8% APRpaid last 24h −0.053%
Price spread now: Phoenix against SunX−1.887%7-day average −0.504% · 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−0.589%−$59 on $10k
Price spread, last 4 days (all we have)+1.818%+$182 · spread now −1.887%, 7d avg −0.504%
Together, before fees+1.230%+$123 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 1.383% cheaper against SunX than usual: you would sell low and buy high (−$138 if the spread goes back to its 7-day average of −0.504%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CRV-USDT0.36410.0100pay 0.0100% / 8h6h 18m$2K$1.2M20x
ShortPhoenix CRV0.3572−0.0044pay 0.0006% / 1h18m 31s$25K$176K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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
−$30.34
Price spread: −1.887% → −0.504%
−$138.28
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$183.63
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 8 min ago; Phoenix: live order book, 27 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, 8 min ago277.40 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Phoenix live order book, 27 min ago1.40 bp17.1 bp −$1763.1 bp −$631doesn't fitdoesn't fit

CRV on 30 exchanges

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−0.0099%1h0.3568−2.008%$91K$247K10xas long as short
Variational Omni CRV−0.0084%8h0.3567−2.039%$1.1M$98Kas long as short
Reya CRVRUSDPERP−0.0048%1h0.3567−2.039%$1515xas long as short
Phoenix CRVshort−0.0044%1h0.3572−1.887%$25K$176K10x
dYdX CRV-USD0.0000%1h0.3570−1.941%$40K$14K10xas long as short
Deribit CRV_USDC-PERPETUAL0.0000%1h0.3566−2.060%$53K$43K25xas long as short
Injective CRV/USDC PERP+0.0033%1h0.3670+0.796%$79$384K12xas long as short
Bybit CRVUSDT+0.0093%8h0.3565−2.087%$26.7M$18.8M75xas long as short
Lighter CRV+0.0096%1h0.3566−2.060%$378K$615K10xas long as short
Aster CRVUSDT+0.0100%8h0.3570−1.950%$139K$194K10xas long as short
Show all 30 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica CRV+0.0100%1h0.3568−2.012%$360K$194K10xas long as short
Binance CRVUSDT+0.0100%8h0.3568−2.005%$24.7M$54.7M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3566−2.060%$8.6M$19.3M50xas long as short
Gate CRV_USDT+0.0100%8h0.3570−1.950%$1.9M$1.0M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3567−2.032%$12.3M$5.4M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3569−1.977%$6.6M$8.4M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3570−1.950%$6.7M$4.5M75xas long as short
BingX CRV-USDT+0.0100%8h0.3568−2.005%$27.5Mas long as short
edgeX CRVUSDC+0.0100%4h0.3570−1.945%$37K$174K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3562−2.165%$506K$390K10xas long as short
ApeX Omni CRVUSDT+0.0100%1h0.3570−1.950%$52K$655K50xas long as short
Orderly PERP_CRV_USDC+0.0100%8h0.3567−2.032%$24K$85010xas long as short
SunX CRV-USDTlong+0.0100%8h0.3641long leg$2K$1.2M20x
Aevo CRV-PERP+0.0104%1h0.3566−2.057%$13K$6K3xas long as short
Extended CRV-USD+0.0152%1h0.3566−2.062%$253K$523K25xas long as short
BloFin CRV-USDT+0.0220%8h0.3568−2.005%$1.3M$3.7M75xas long as short
GMX CRV/USD [ETH-USDC]L +0.0414% / S −0.0178%1h0.3566−2.053%$209K100xas long as short
Coinbase International CRV-PERP-INTX+0.0432%1h0.3567−2.032%$360K$4.1M50xas long as short
Hyperliquid CRV+0.0451%1h0.3574−1.829%$21.2M$16.4M10xas long as short
Kraken Futures PF_CRVUSD+0.0608%1h0.3570−1.938%$3.0M$2.4M50xas long as short