Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h +0.012%
Price spread now: BloFin against Coinbase International−0.028%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.028%, 7d avg −0.119%
=The price spread pays, funding is against you. BloFin is 0.091% dearer against Coinbase International than usual: you sell high and buy low (spread −0.028% now, against its 7-day average of −0.119%): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 39 hours. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International CRV-PERP-INTX | 0.3572 | 0.0408 | pay 0.0051% / 1h | 58m 32s | $358K | $4.3M | 50x |
| Short | BloFin CRV-USDT | 0.3571 | 0.0220 | get 0.0220% / 8h | 7h 58m | $1.3M | $3.9M | 75x |
Coinbase International CRV-PERP-INTX
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Coinbase International. 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
- −$39.48
- Price spread: −0.028% → −0.119%
- $9.1
- Slippage, 4 orders
- −$32.81
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$85.19
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; BloFin: live order book, 10 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 Coinbase International live order book, 5 min ago | 4.21 bp | 14.6 bp −$15 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 10 min ago | 4.21 bp | 15.9 bp −$16 | 35.5 bp −$355 | 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 | 0.3568 | −0.125% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0030% | 1h | 0.3568 | −0.112% | $53K | $46K | 25x | as long as short |
| Variational Omni CRV | −0.0001% | 8h | 0.3565 | −0.195% | $1.1M | $94K | — | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3572 | +0.014% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3573 | +0.031% | $25K | $184K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.744% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3574 | +0.050% | $376K | $679K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3577 | +0.140% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3575 | +0.071% | $361K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3577 | +0.144% | $24.6M | $57.6M | 75x | as long as short |
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
Variational Omni CRV
dYdX CRV-USD
Phoenix CRV
Injective CRV/USDC PERP
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 | 0.3573 | +0.028% | $26.9M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3576 | +0.112% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3576 | +0.112% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3576 | +0.112% | $12.4M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3576 | +0.112% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3579 | +0.196% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3576 | +0.112% | — | $23.5M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3573 | +0.014% | $93K | $256K | 10x | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3560 | −0.324% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3564 | −0.224% | $496K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3560 | −0.336% | $52K | $670K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3569 | −0.084% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3658 | +2.408% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3569 | −0.098% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0128% | 1h | 0.3575 | +0.072% | $251K | $510K | 25x | as long as short |
| Hyperliquid CRV | +0.0191% | 1h | 0.3580 | +0.218% | $21.0M | $16.7M | 10x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3571 | −0.028% | $1.3M | $3.9M | 75x | |
| Coinbase International CRV-PERP-INTXlong | +0.0408% | 1h | 0.3572 | long leg | $358K | $4.3M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3569 | −0.090% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0669% | 1h | 0.3574 | +0.066% | $3.0M | $2.8M | 50x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
Extended CRV-USD
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD