Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.185%71s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.530% of the position
Funding, last 7 days+0.225%+$22 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.185%, 7d avg +0.006%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.179% dearer against Binance than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.006%. The two prices were read 71 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 | Binance CRVUSDT | 0.3593 | 0.0100 | pay 0.0100% / 8h | 3h 10m | $25.0M | $55.2M | 75x |
| Short | BloFin CRV-USDT | 0.3600 | 0.0220 | get 0.0220% / 8h | 3h 10m | $1.4M | $4.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Binance. 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
- $25.2
- Price spread: +0.185% → +0.006%
- $17.9
- Slippage, 4 orders
- −$30.96
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$9.86
- Costs to cover
- 0.530%
- Break-even
- 9.7 days
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 3 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 Binance live order book, 2 min ago | 1.39 bp | 11.8 bp −$12 | 27.0 bp −$270 | 119.5 bp −$11.9K | doesn't fit |
| Sell BloFin live order book, 3 min ago | 4.14 bp | 15.6 bp −$16 | 30.4 bp −$304 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3593 | 0.000% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3593 | −0.003% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3592 | −0.037% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.133% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3622 | +0.786% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3592 | −0.037% | $380K | $705K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3593 | −0.004% | $128K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3592 | −0.026% | $365K | $198K | 10x | as long as short |
| Binance CRVUSDTlong | +0.0100% | 8h | 0.3593 | long leg | $25.0M | $55.2M | 75x | |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3590 | −0.093% | $27.2M | $17.8M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3594 | +0.018% | $8.7M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3592 | −0.037% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3593 | −0.010% | $13.0M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3593 | −0.010% | $6.0M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3593 | −0.010% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3592 | −0.037% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3595 | +0.060% | $98K | $258K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3596 | +0.069% | $1.1M | $93K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3621 | +0.760% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | +0.936% | $513K | $440K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3621 | +0.770% | $54K | $685K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3592 | −0.037% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3636 | +1.187% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3592 | −0.051% | $253K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3593 | −0.007% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3600 | +0.185% | $1.4M | $4.0M | 75x | |
| Hyperliquid CRV | +0.0398% | 1h | 0.3595 | +0.060% | $21.6M | $15.5M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3593 | −0.015% | $210K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3597 | +0.102% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0732% | 1h | 0.3594 | +0.018% | $3.0M | $2.6M | 50x | as long as short |
Binance CRVUSDT
BloFin CRV-USDT
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD