Funding you earn now, next payment 08:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.043%
Price spread now: Coinbase International against BingX+0.084%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.555% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.084%, 7d avg +0.122%
=Funding pays, the price is against you. Coinbase International is 0.037% cheaper against BingX than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.122%). If the spread goes back, that is −$4 on $10k: about 10 hours of funding at the current rate (+$9 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CRV-USDT | 0.3553 | 0.0100 | pay 0.0100% / 8h | 7h 32m | — | $23.5M | — |
| Short | Coinbase International CRV-PERP-INTX | 0.3556 | 0.0408 | get 0.0051% / 1h | 32m 10s | $349K | $4.3M | 50x |
BingX CRV-USDT
Coinbase International CRV-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $64.68
- Price spread: +0.084% → +0.122%
- −$3.73
- Slippage, 4 orders
- −$35.46
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.49
- Costs to cover
- 0.555%
- Break-even
- 6.4 days
Slippage from BingX: live order book, 7 min ago; Coinbase International: 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 BingX live order book, 7 min ago | 2.80 bp | 13.6 bp −$14 | 24.7 bp −$247 | 91.0 bp −$9,104 | 329.2 bp −$164.6K |
| Sell Coinbase International live order book, 2 min ago | 8.42 bp | 13.4 bp −$13 | 20.2 bp −$202 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.0362% | 8h | 0.3551 | −0.056% | $26.8M | $19.7M | 75x | as long as short |
| Backpack CRV_USDC_PERP | −0.0053% | 1h | 0.3560 | +0.191% | $90K | $256K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3555 | +0.054% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3553 | 0.000% | $53K | $46K | 25x | as long as short |
| Variational Omni CRV | −0.0024% | 8h | 0.3567 | +0.392% | $1.1M | $94K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3570 | +0.481% | $25K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3560 | +0.193% | $40K | $13K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.293% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3553 | +0.008% | $373K | $682K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3559 | +0.175% | $20.9M | $16.8M | 10x | as long as short |
Bybit CRVUSDT
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3556 | +0.074% | $114K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3558 | +0.142% | $359K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3554 | +0.028% | $24.5M | $57.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3552 | −0.028% | $8.6M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3554 | +0.028% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3552 | −0.028% | $12.3M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3556 | +0.084% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3555 | +0.056% | $6.6M | $5.4M | 75x | as long as short |
| BingX CRV-USDTlong | +0.0100% | 8h | 0.3553 | long leg | — | $23.5M | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | +0.435% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.478% | $508K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3578 | +0.704% | $52K | $661K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3554 | +0.028% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3632 | +2.223% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3552 | −0.026% | $252K | $512K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3560 | +0.205% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3559 | +0.169% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXshort | +0.0408% | 1h | 0.3556 | +0.084% | $349K | $4.3M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3554 | +0.026% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0672% | 1h | 0.3557 | +0.126% | $3.0M | $2.8M | 50x | as long as short |
Aster CRVUSDT
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
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD