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 Bybit−0.028%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.218%+$22 · spread now −0.028%, 7d avg +0.033%
=Funding pays, the price is against you. BloFin is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.028% now, against its 7-day average of +0.033%). If the spread goes back, that is −$6 on $10k: about 40 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRVUSDT | 0.3622 | 0.0100 | pay 0.0100% / 8h | 3h 56m | $27.4M | $17.7M | 75x |
| Short | BloFin CRV-USDT | 0.3621 | 0.0220 | get 0.0220% / 8h | 3h 56m | $1.4M | $4.0M | 75x |
Bybit CRVUSDT
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: −0.028% → +0.033%
- −$6.04
- Slippage, 4 orders
- −$28.87
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.71
- Costs to cover
- 0.519%
- Break-even
- 16.1 days
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago | 1.38 bp | 14.3 bp −$14 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.76 bp | 13.2 bp −$13 | 36.2 bp −$362 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0165% | 1h | 0.3627 | +0.130% | $97K | $266K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3624 | +0.046% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3626 | +0.113% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3629 | +0.196% | $26K | $176K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3622 | 0.000% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.325% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3625 | +0.077% | $383K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3623 | +0.028% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3626 | +0.119% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3624 | +0.052% | $368K | $198K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3625 | +0.078% | $24.9M | $54.4M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3622 | long leg | $27.4M | $17.7M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3619 | −0.083% | $8.7M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3624 | +0.055% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3622 | 0.000% | $13.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3627 | +0.138% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3625 | +0.083% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3622 | 0.000% | — | $1.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3629 | +0.190% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3629 | +0.206% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | +0.220% | $513K | $451K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3632 | +0.276% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3687 | +1.795% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3620 | −0.048% | $257K | $493K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3623 | +0.022% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3621 | −0.028% | $1.4M | $4.0M | 75x | |
| Hyperliquid CRV | +0.0278% | 1h | 0.3632 | +0.265% | $21.9M | $14.9M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3625 | +0.083% | $212K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3635 | +0.359% | $381K | $4.0M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0725% | 1h | 0.3629 | +0.207% | $3.1M | $2.6M | 50x | as long as short |
Binance 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
Aevo CRV-PERP
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD