Funding you earn now, next payment 02:00 UTC+0.0234%/8h= +25.6% APRpaid last 24h 0.000%
Price spread now: BingX against ApeX Omni−0.415%83s7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as 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−$600.595% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−1.035%−$104 · spread now −0.415%, 7d avg −0.068%
=Funding pays, the price is against you. BingX is 0.347% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.415% now, against its 7-day average of −0.068%). If the spread goes back, that is −$35 on $10k: about 4.9 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.005% in total) that is about 17 months. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
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 0.3% 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 | ApeX Omni CRVUSDT | 0.3617 | −0.0134 | get 0.0017% / 1h | 41m 57s | $52K | $700K | 50x |
| Short | BingX CRV-USDT | 0.3602 | 0.0100 | get 0.0100% / 8h | 6h 41m | — | $23.6M | — |
ApeX Omni CRVUSDT
BingX CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against ApeX Omni. 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
- $49.09
- Price spread: −0.415% → −0.068%
- −$34.68
- Slippage, 4 orders
- −$39.53
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$45.12
- Costs to cover
- 0.595%
- Break-even
- 13.4 days
Slippage from ApeX Omni: live order book, 27 min ago; BingX: 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 ApeX Omni live order book, 27 min ago | 6.78 bp | 15.3 bp −$15 | 112.0 bp −$1,120 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 2.77 bp | 14.1 bp −$14 | 25.8 bp −$258 | 69.8 bp −$6,977 | 299.8 bp −$149.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDTlong | −0.0134% | 1h | 0.3617 | long leg | $52K | $700K | 50x | |
| Phoenix CRV | −0.0066% | 1h | 0.3604 | −0.351% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3600 | −0.457% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0028% | 1h | 0.3598 | −0.525% | $55K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3602 | −0.402% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.465% | $79 | $384K | 12x | as long as short |
| Backpack CRV_USDC_PERP | +0.0051% | 1h | 0.3603 | −0.401% | $97K | $300K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3598 | −0.525% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3599 | −0.484% | $378K | $708K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3606 | −0.310% | $22.2M | $16.8M | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Backpack CRV_USDC_PERP
Orderly PERP_CRV_USDC
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 | 0.3600 | −0.458% | $128K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3602 | −0.422% | $363K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3602 | −0.415% | $25.0M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3600 | −0.470% | $27.4M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3602 | −0.415% | $8.6M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3600 | −0.470% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3598 | −0.525% | $14.7M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3599 | −0.498% | $6.3M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3604 | −0.359% | $6.8M | $5.6M | 75x | as long as short |
| BingX CRV-USDTshort | +0.0100% | 8h | 0.3602 | −0.415% | — | $23.6M | — | |
| Variational Omni CRV | +0.0100% | 8h | 0.3607 | −0.278% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3616 | −0.029% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3610 | −0.195% | $506K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3642 | +0.691% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3601 | −0.439% | $235K | $631K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3598 | −0.525% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | +0.470% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0294% | 1h | 0.3601 | −0.444% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3600 | −0.470% | $377K | $4.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0450% / S −0.0200% | 1h | 0.3598 | −0.534% | $229K | — | 100x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]