Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bybit−0.056%82s7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$570.571% of the position
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.056%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.084% cheaper against Bybit than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.028%). If the spread goes back, that is −$8 on $10k: about 2.3 days of funding at the current rate (+$4 a day). The two prices were read 82 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 | 0.3581 | 0.0100 | pay 0.0100% / 8h | 1h 49m | $27.1M | $19.4M | 75x |
| Short | BloFin CRV-USDT | 0.3579 | 0.0220 | get 0.0220% / 8h | 1h 49m | $1.3M | $3.9M | 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: −0.056% → +0.028%
- −$8.38
- Slippage, 4 orders
- −$34.11
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$40.29
- Costs to cover
- 0.571%
- Break-even
- 18.2 days
Slippage from Bybit: live order book, 4 min ago; BloFin: 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 | 10.0 bp −$10 | 27.3 bp −$273 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.79 bp | 16.1 bp −$16 | 27.3 bp −$273 | 129.2 bp −$12.9K | 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 | 0.3588 | +0.208% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3583 | +0.056% | $26K | $187K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3577 | −0.111% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3588 | +0.195% | $54K | $45K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0008% | 1h | 0.3592 | +0.313% | $94K | $214K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.485% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0061% | 8h | 0.3574 | −0.198% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3588 | +0.201% | $379K | $711K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3592 | +0.302% | $21.0M | $16.4M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3586 | +0.127% | $113K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid 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 | 0.3583 | +0.049% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3585 | +0.115% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDTlong | +0.0100% | 8h | 0.3581 | long leg | $27.1M | $19.4M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3586 | +0.140% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3586 | +0.140% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3585 | +0.112% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3586 | +0.140% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3586 | +0.140% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3585 | +0.112% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3580 | −0.035% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3580 | −0.028% | $507K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3582 | +0.028% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3588 | +0.195% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3664 | +2.318% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3584 | +0.085% | $251K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3588 | +0.195% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3579 | −0.056% | $1.3M | $3.9M | 75x | |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3579 | −0.056% | $352K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3588 | +0.205% | $210K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0557% | 1h | 0.3592 | +0.296% | $3.0M | $2.7M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD