Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%
Price spread now: MEXC against BloFin−0.376%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days−0.233%−$23 on $10k
+Price spread, last 3 days (all we have)+0.281%+$28 · spread now −0.376%, 7d avg −0.018%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and MEXC is 0.358% cheaper against BloFin than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRV-USDT | 0.3723 | 0.0220 | pay 0.0220% / 8h | 46m 55s | $1.4M | $4.4M | 75x |
| Short | MEXC CRV_USDT | 0.3709 | 0.0100 | get 0.0100% / 8h | 46m 55s | $14.7M | $5.2M | 125x |
BloFin CRV-USDT
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$25.2
- Price spread: −0.376% → −0.018%
- −$35.83
- Slippage, 4 orders
- −$36.36
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$113.39
- Costs to cover
- 0.524%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; MEXC: live order book, 2 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 | 8.06 bp | 22.5 bp −$22 | 30.8 bp −$308 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.35 bp | 6.8 bp −$7 | 16.7 bp −$167 | 82.4 bp −$8,243 | 127.5 bp −$63.8K |
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 | −0.0559% | 1h | 0.3706 | −0.457% | $57K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −1.424% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3716 | −0.183% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3708 | −0.416% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3720 | −0.094% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3708 | −0.403% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3709 | −0.371% | $418K | $720K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3710 | −0.348% | $133K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3717 | −0.165% | $378K | $203K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3711 | −0.322% | $26.1M | $56.4M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3710 | −0.349% | $28.4M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3705 | −0.483% | $8.9M | $21.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3710 | −0.349% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3709 | −0.376% | $14.7M | $5.2M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3715 | −0.215% | $7.5M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3712 | −0.295% | $7.0M | $5.7M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3709 | −0.376% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3701 | −0.590% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3714 | −0.248% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3710 | −0.348% | $525K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3703 | −0.537% | $61K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3720 | −0.081% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3707 | −0.435% | $246K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3708 | −0.403% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0154% | 1h | 0.3713 | −0.269% | $3.2M | $2.9M | 50x | as long as short |
| BloFin CRV-USDTlong | +0.0220% | 8h | 0.3723 | long leg | $1.4M | $4.4M | 75x | |
| Hyperliquid CRV | +0.0350% | 1h | 0.3719 | −0.113% | $23.2M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3715 | −0.215% | $391K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0454% / S −0.0193% | 1h | 0.3709 | −0.370% | $240K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0678% | 1h | 0.3711 | −0.322% | $108K | $313K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate 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
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP