Funding you earn now, next payment 06:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h +0.011%
Price spread now: BingX against Coinbase International−0.084%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and BingX is 0.084% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% 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 | Coinbase International CRV-PERP-INTX | 0.3587 | 0.0384 | pay 0.0048% / 1h | 55m 08s | $356K | $4.3M | 50x |
| Short | BingX CRV-USDT | 0.3584 | 0.0100 | get 0.0100% / 8h | 1h 55m | — | $23.5M | — |
Coinbase International CRV-PERP-INTX
BingX CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Coinbase International. 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
- −$59.64
- Price spread: −0.084% → 0.000%
- −$8.36
- Slippage, 4 orders
- −$28.2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$116.2
- Costs to cover
- 0.482%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; BingX: live order book, 13 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 Coinbase International live order book, 4 min ago | 5.56 bp | 10.6 bp −$11 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 2.77 bp | 11.0 bp −$11 | 19.9 bp −$199 | 67.4 bp −$6,740 | 314.0 bp −$157.0K |
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 | 0.3582 | −0.127% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0037% | 1h | 0.3588 | +0.017% | $94K | $214K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3583 | −0.118% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3584 | −0.084% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.314% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3586 | −0.017% | $26K | $187K | 10x | as long as short |
| Variational Omni CRV | +0.0064% | 8h | 0.3581 | −0.171% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3583 | −0.120% | $379K | $710K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3588 | +0.028% | $21.0M | $16.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3586 | −0.030% | $113K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
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 | 0.3584 | −0.078% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3585 | −0.054% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3582 | −0.139% | $27.1M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3586 | −0.028% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3586 | −0.028% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3585 | −0.056% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3584 | −0.084% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3586 | −0.028% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDTshort | +0.0100% | 8h | 0.3584 | −0.084% | — | $23.5M | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3584 | −0.075% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3588 | +0.017% | $508K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3584 | −0.084% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3583 | −0.112% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3661 | +2.063% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3583 | −0.109% | $253K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3584 | −0.098% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3586 | −0.028% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTXlong | +0.0384% | 1h | 0.3587 | long leg | $356K | $4.3M | 50x | |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3584 | −0.098% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0558% | 1h | 0.3587 | +0.005% | $3.0M | $2.7M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit 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