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 Bybit+0.109%52s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$600.604% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 3 days (all we have)+0.271%+$27 · spread now +0.109%, 7d avg +0.044%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.065% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.044%. The two prices were read 52 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 | Bybit CRVUSDT | 0.3680 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $28.0M | $17.1M | 75x |
| Short | BloFin CRV-USDT | 0.3684 | 0.0220 | get 0.0220% / 8h | 3h 32m | $1.4M | $4.7M | 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: +0.109% → +0.044%
- $6.46
- Slippage, 4 orders
- −$37.42
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$28.76
- Costs to cover
- 0.604%
- Break-even
- 15.0 days
Slippage from Bybit: live order book, 2 min ago; BloFin: live order book, 16 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 | 1.37 bp | 19.7 bp −$20 | 38.8 bp −$388 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 16 min ago | 2.75 bp | 11.2 bp −$11 | 13.1 bp −$131 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0154% | 1h | 0.3661 | −0.505% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3679 | −0.016% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3675 | −0.136% | $58K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3684 | +0.108% | $38K | $4K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3682 | +0.063% | $422K | $692K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3675 | −0.136% | $24K | $701 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3685 | +0.123% | $139K | $181K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3684 | +0.096% | $374K | $152K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3678 | −0.054% | $25.7M | $58.1M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3680 | long leg | $28.0M | $17.1M | 75x |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3681 | +0.027% | $8.9M | $22.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3683 | +0.082% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3679 | −0.027% | $14.9M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3682 | +0.054% | $7.1M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3682 | +0.054% | $7.0M | $5.9M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3679 | −0.027% | — | $21.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3660 | −0.556% | $1.1M | $142K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3646 | −0.926% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3650 | −0.816% | $517K | $467K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3667 | −0.353% | $52K | $691K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3712 | +0.870% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3678 | −0.048% | $245K | $888K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3674 | −0.162% | $19K | $9K | 3x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0165% / S +0.0243% | 1h | 0.3680 | −0.006% | $249K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0216% | 1h | 0.3683 | +0.082% | $407K | $4.9M | 50x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3684 | +0.109% | $1.4M | $4.7M | 75x | |
| Injective CRV/USDC PERP | +0.0410% | 1h | 0.3630 | −1.359% | $78 | $265K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0427% | 1h | 0.3679 | −0.019% | $3.1M | $3.7M | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.1044% | 1h | 0.3689 | +0.242% | $106K | $361K | 10x | as long as short |
| Hyperliquid CRV | +0.1389% | 1h | 0.3690 | +0.258% | $23.1M | $16.6M | 10x | as long as short |
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Backpack CRV_USDC_PERP
Hyperliquid CRV