Funding you earn now, next payment 21:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h −0.100%
Price spread now: Coinbase International against BloFin+0.219%58s7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as 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−$600.604% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 3 days (all we have)−0.321%−$32 · spread now +0.219%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.129% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.090%. Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour. The two prices were read 58 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 | BloFin CRV-USDT | 0.3659 | 0.0220 | pay 0.0220% / 8h | 2h 26m | $1.4M | $4.8M | 75x |
| Short | Coinbase International CRV-PERP-INTX | 0.3667 | 0.0384 | get 0.0048% / 1h | 26m 11s | $391K | $4.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against BloFin. 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
- $34.44
- Price spread: +0.219% → +0.090%
- $12.9
- Slippage, 4 orders
- −$38.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$13.09
- Costs to cover
- 0.604%
- Break-even
- 9.7 days
Slippage from BloFin: live order book, 2 min ago; Coinbase International: 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 BloFin live order book, 2 min ago | 5.46 bp | 14.7 bp −$15 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 5.45 bp | 12.9 bp −$13 | 20.0 bp −$200 | 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 | −0.0569% | 1h | 0.3661 | +0.055% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | −0.793% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3658 | −0.031% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3662 | +0.093% | $38K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3669 | +0.284% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3661 | +0.055% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3660 | +0.025% | $415K | $698K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3660 | +0.036% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3664 | +0.135% | $377K | $173K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3659 | −0.002% | $25.6M | $58.3M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3661 | +0.055% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3657 | −0.055% | $8.7M | $22.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3662 | +0.082% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3659 | 0.000% | $14.6M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3663 | +0.109% | $7.1M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3663 | +0.109% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3659 | 0.000% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3659 | +0.009% | $1.1M | $152K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3657 | −0.055% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | +0.027% | $516K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3664 | +0.137% | $60K | $694K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3703 | +1.203% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3657 | −0.046% | $243K | $885K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3661 | +0.065% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0162% | 1h | 0.3666 | +0.191% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDTlong | +0.0220% | 8h | 0.3659 | long leg | $1.4M | $4.8M | 75x | |
| Hyperliquid CRV | +0.0335% | 1h | 0.3666 | +0.189% | $22.6M | $17.1M | 10x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0384% | 1h | 0.3667 | +0.219% | $391K | $4.9M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0402% / S −0.0160% | 1h | 0.3662 | +0.084% | $217K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0500% | 1h | 0.3662 | +0.093% | $105K | $362K | 10x | as long as short |
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
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-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP