Funding you earn now, next payment 23:00 UTC−0.0328%/8h= −36.0% APRnext payment −$0.41 per $10,000 · paid last 24h −0.012%
Price spread now: Injective against ApeX Omni−1.817%7-day average −0.225% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 3 days (all we have)+1.314%+$131 · spread now −1.817%, 7d avg −0.225%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 1.592% cheaper against ApeX Omni than usual: you would sell low and buy high (−$159 if the spread goes back to its 7-day average of −0.225%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.069% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. 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 | 0.3687 | 0.0100 | pay 0.0013% / 1h | 36m 04s | $61K | $695K | 50x |
| Short | Injective CRV/USDC PERP | 0.3620 | −0.0228 | pay 0.0029% / 1h | 36m 04s | $78 | $318K | 12x |
ApeX Omni CRVUSDT
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$68.95
- Price spread: −1.817% → −0.225%
- −$159.19
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$238.17
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 47 min ago; Injective: no order-book sample. Net counts fees only.
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, 47 min ago | 6.86 bp | 15.9 bp −$16 | 100.9 bp −$1,009 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0295% | 1h | 0.3671 | −0.434% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPshort | −0.0228% | 1h | 0.3620 | −1.817% | $78 | $318K | 12x | |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | −0.030% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3671 | −0.433% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3677 | −0.259% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3674 | −0.362% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3672 | −0.407% | $24K | $930 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3670 | −0.450% | $415K | $702K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3673 | −0.374% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3678 | −0.234% | $380K | $189K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3673 | −0.380% | $25.8M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3673 | −0.380% | $27.9M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3672 | −0.407% | $8.7M | $22.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3675 | −0.325% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.488% | $14.7M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3675 | −0.325% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3673 | −0.380% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3670 | −0.461% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3688 | +0.029% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3682 | −0.135% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3686 | −0.029% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDTlong | +0.0100% | 1h | 0.3687 | long leg | $61K | $695K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3704 | +0.461% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3670 | −0.464% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3671 | −0.427% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | −0.217% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3675 | −0.325% | $386K | $4.8M | 50x | as long as short |
| Backpack CRV_USDC_PERP | +0.0402% | 1h | 0.3671 | −0.426% | $107K | $362K | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3674 | −0.360% | $218K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0431% | 1h | 0.3679 | −0.206% | $22.8M | $16.6M | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV