Funding you earn now, next payment 04:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h +0.062%
Price spread now: BloFin against Coinbase International+0.138%58s7-day average −0.107% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as 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−$530.526% of the position
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)−0.129%−$13 · spread now +0.138%, 7d avg −0.107%
=The price spread pays, funding is against you. BloFin is 0.245% dearer against Coinbase International than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.107%): +$24 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.188%, so the current rate has only just turned against you. The two prices were read 58 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 | Coinbase International CRV-PERP-INTX | 0.3615 | 0.0432 | pay 0.0054% / 1h | 21m 34s | $371K | $4.1M | 50x |
| Short | BloFin CRV-USDT | 0.3620 | 0.0220 | get 0.0220% / 8h | 3h 21m | $1.4M | $4.0M | 75x |
Coinbase International CRV-PERP-INTX
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$44.52
- Price spread: +0.138% → −0.107%
- $24.48
- Slippage, 4 orders
- −$30.62
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$72.66
- Costs to cover
- 0.526%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; BloFin: 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 Coinbase International live order book, 2 min ago | 5.51 bp | 13.2 bp −$13 | 20.1 bp −$201 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.76 bp | 12.1 bp −$12 | 24.3 bp −$243 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3626 | +0.308% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3623 | +0.231% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0027% | 1h | 0.3617 | +0.055% | $55K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.521% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3629 | +0.387% | $26K | $176K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3623 | +0.221% | $383K | $704K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3629 | +0.389% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3627 | +0.337% | $368K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3630 | +0.409% | $25.2M | $54.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3627 | +0.332% | $27.4M | $17.6M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit 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 | 0.3629 | +0.387% | $8.7M | $19.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3626 | +0.304% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3626 | +0.304% | $13.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3622 | +0.194% | $6.1M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3627 | +0.332% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3628 | +0.360% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3618 | +0.089% | $102K | $256K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | +0.244% | $1.1M | $93K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3622 | +0.195% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | +0.410% | $513K | $440K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | +0.194% | $54K | $685K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3617 | +0.055% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3654 | +1.079% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3628 | +0.360% | $256K | $494K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3617 | +0.047% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3620 | +0.138% | $1.4M | $4.0M | 75x | |
| Hyperliquid CRV | +0.0412% | 1h | 0.3634 | +0.520% | $22.0M | $15.0M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0177% | 1h | 0.3616 | +0.025% | $211K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTXlong | +0.0432% | 1h | 0.3615 | long leg | $371K | $4.1M | 50x | |
| Kraken Futures PF_CRVUSD | +0.0727% | 1h | 0.3620 | +0.136% | $3.1M | $2.6M | 50x | as long as short |
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD