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: BloFin against OKX−0.511%73s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$450.451% of the position
Funding, last 7 days+0.233%+$23 on $10k
+Price spread, last 3 days (all we have)+0.620%+$62 · spread now −0.511%, 7d avg +0.031%
=Funding pays, the price is against you. BloFin is 0.542% cheaper against OKX than usual: you would sell low and buy high (spread −0.511% now, against its 7-day average of +0.031%). If the spread goes back, that is −$54 on $10k: about 15 days of funding at the current rate (+$4 a day). The two prices were read 73 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 | OKX CRV-USDT-SWAP | 0.3720 | 0.0100 | pay 0.0100% / 8h | 49m 55s | $8.9M | $21.8M | 50x |
| Short | BloFin CRV-USDT | 0.3701 | 0.0220 | get 0.0220% / 8h | 49m 55s | $1.4M | $4.3M | 75x |
OKX CRV-USDT-SWAP
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: −0.511% → +0.031%
- −$54.17
- Slippage, 4 orders
- −$23.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$74.05
- Costs to cover
- 0.451%
- Break-even
- 27.6 days
Slippage from OKX: live order book, 4 min ago; BloFin: live order book, 4 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 OKX live order book, 4 min ago | 1.35 bp | 15.8 bp −$16 | 40.1 bp −$401 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.70 bp | 8.7 bp −$9 | 20.6 bp −$206 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −1.344% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3702 | −0.489% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3714 | −0.161% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0019% | 1h | 0.3714 | −0.161% | $57K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3718 | −0.047% | $38K | $5K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0080% | 1h | 0.3698 | −0.591% | $61K | $697K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3715 | −0.134% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3716 | −0.108% | $420K | $719K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3715 | −0.131% | $133K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3717 | −0.089% | $378K | $216K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
Lighter CRV
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 | 0.3719 | −0.022% | $26.2M | $56.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3720 | 0.000% | $28.5M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3720 | long leg | $8.9M | $21.8M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3720 | 0.000% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3721 | +0.027% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3727 | +0.188% | $7.3M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3727 | +0.188% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3720 | 0.000% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3701 | −0.510% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3695 | −0.667% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3695 | −0.665% | $523K | $428K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3729 | +0.242% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3722 | +0.048% | $246K | $881K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3716 | −0.114% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0154% | 1h | 0.3719 | −0.030% | $3.2M | $2.9M | 50x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3701 | −0.511% | $1.4M | $4.3M | 75x | |
| Hyperliquid CRV | +0.0362% | 1h | 0.3726 | +0.164% | $23.1M | $16.3M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3720 | 0.000% | $388K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0453% / S −0.0192% | 1h | 0.3715 | −0.127% | $241K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0687% | 1h | 0.3725 | +0.126% | $109K | $313K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
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