Funding you earn now, next payment 16:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.30 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.282%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days−0.248%−$25 · spread now +0.282%, 7d avg +0.035%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.247% dearer against Bybit than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CRVUSDT | 0.3543 | 0.0070 | pay 0.0070% / 8h | 6h 54m | $26.6M | $18.9M | 75x |
| Short | Binance CRVUSDT | 0.3553 | 0.0100 | get 0.0100% / 8h | 6h 54m | $24.6M | $55.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $6.34
- Price spread: +0.282% → +0.035%
- $24.69
- Slippage, 4 orders
- −$32.21
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.18
- Costs to cover
- 0.532%
- Break-even
- 31.5 days
Slippage from Bybit: live order book, 4 min ago; Binance: 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 Bybit live order book, 4 min ago | 1.40 bp | 13.0 bp −$13 | 32.9 bp −$329 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.39 bp | 14.8 bp −$15 | 33.5 bp −$335 | 140.6 bp −$14.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0335% | 1h | 0.3584 | +1.157% | $52K | $653K | 50x | as long as short |
| Backpack CRV_USDC_PERP | −0.0267% | 1h | 0.3548 | +0.150% | $93K | $251K | 10x | as long as short |
| Variational Omni CRV | −0.0052% | 8h | 0.3574 | +0.869% | $1.1M | $105K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3562 | +0.543% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3556 | +0.367% | $53K | $45K | 25x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3586 | +1.202% | $26K | $176K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3547 | +0.107% | $40K | $13K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.585% | $79 | $384K | 12x | as long as short |
| Bybit CRVUSDTlong | +0.0070% | 8h | 0.3543 | long leg | $26.6M | $18.9M | 75x | |
| Lighter CRV | +0.0096% | 1h | 0.3548 | +0.138% | $375K | $611K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3550 | +0.195% | $128K | $206K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3547 | +0.109% | $358K | $200K | 10x | as long as short |
| Binance CRVUSDTshort | +0.0100% | 8h | 0.3553 | +0.282% | $24.6M | $55.9M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3547 | +0.113% | $8.6M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3548 | +0.141% | $1.8M | $1.0M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3543 | 0.000% | $12.3M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3552 | +0.254% | $6.7M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3549 | +0.169% | $6.6M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3548 | +0.141% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3586 | +1.211% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +1.338% | $501K | $416K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3565 | +0.621% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3625 | +2.314% | $2K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3556 | +0.356% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3554 | +0.310% | $1.3M | $3.7M | 75x | as long as short |
| Extended CRV-USD | +0.0248% | 1h | 0.3547 | +0.125% | $252K | $510K | 25x | as long as short |
| Hyperliquid CRV | +0.0397% | 1h | 0.3555 | +0.333% | $20.8M | $16.8M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0178% | 1h | 0.3563 | +0.572% | $209K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3558 | +0.423% | $354K | $4.2M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0611% | 1h | 0.3555 | +0.333% | $3.0M | $2.5M | 50x | as long as short |
Bybit CRVUSDT
Binance CRVUSDT
ApeX Omni CRVUSDT
Backpack CRV_USDC_PERP
Variational Omni CRV
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Injective CRV/USDC PERP
Lighter CRV
Aster CRVUSDT
Pacifica CRV
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
BloFin CRV-USDT
Extended CRV-USD
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD