Funding you earn now, next payment 16:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against BingX−0.111%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days+0.096%+$10 · spread now −0.111%, 7d avg −0.021%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bybit is 0.090% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CRV-USDT | 0.3596 | 0.0100 | pay 0.0100% / 8h | 7h 00m | — | $23.5M | — |
| Short | Bybit CRVUSDT | 0.3592 | 0.0085 | get 0.0085% / 8h | 7h 00m | $27.0M | $19.0M | 75x |
BingX CRV-USDT
Bybit CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$3.09
- Price spread: −0.111% → −0.021%
- −$9.04
- Slippage, 4 orders
- −$34.93
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$68.05
- Costs to cover
- 0.559%
- Break-even
- never at this rate
Slippage from BingX: live order book, 3 min ago; Bybit: 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 BingX live order book, 3 min ago | 4.17 bp | 17.2 bp −$17 | 32.0 bp −$320 | 123.8 bp −$12.4K | 352.5 bp −$176.3K |
| Sell Bybit live order book, 3 min ago | 1.39 bp | 12.6 bp −$13 | 28.4 bp −$284 | 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 | 0.3594 | −0.046% | $15 | — | 15x | as long as short |
| Variational Omni CRV | −0.0047% | 8h | 0.3590 | −0.171% | $1.1M | $105K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3595 | −0.022% | $26K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3598 | +0.048% | $40K | $13K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0006% | 1h | 0.3598 | +0.044% | $94K | $251K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0028% | 1h | 0.3597 | +0.028% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.058% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDTshort | +0.0085% | 8h | 0.3592 | −0.111% | $27.0M | $19.0M | 75x | |
| Lighter CRV | +0.0096% | 1h | 0.3597 | +0.028% | $379K | $688K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3600 | +0.111% | $120K | $201K | 10x | as long as short |
Reya CRVRUSDPERP
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3597 | +0.019% | $363K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3596 | 0.000% | $24.9M | $56.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3594 | −0.056% | $8.7M | $20.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3598 | +0.056% | $1.9M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3595 | −0.028% | $12.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3600 | +0.111% | $6.8M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3598 | +0.056% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDTlong | +0.0100% | 8h | 0.3596 | long leg | — | $23.5M | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3594 | −0.055% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3595 | −0.033% | $502K | $416K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3594 | −0.056% | $52K | $653K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3597 | +0.028% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3662 | +1.835% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3597 | +0.037% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3596 | 0.000% | $1.3M | $3.8M | 75x | as long as short |
| Extended CRV-USD | +0.0240% | 1h | 0.3594 | −0.056% | $256K | $510K | 25x | as long as short |
| Hyperliquid CRV | +0.0248% | 1h | 0.3602 | +0.172% | $21.4M | $16.7M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3600 | +0.111% | $354K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3596 | +0.009% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0664% | 1h | 0.3602 | +0.154% | $3.0M | $2.5M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Aevo CRV-PERP
BloFin CRV-USDT
Extended CRV-USD
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD