Funding you earn now, next payment 22:00 UTC−0.0203%/8h= −22.2% APRpaid last 24h −0.010%
Price spread now: Injective against BingX+0.193%87s7-day average −0.141% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 3 days (all we have)−0.404%−$40 · spread now +0.193%, 7d avg −0.141%
=The price spread pays, funding is against you. Injective is 0.334% dearer against BingX than usual: you sell high and buy low (spread +0.193% now, against its 7-day average of −0.141%): +$33 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.5 days. At the pace of the last 7 days (−0.072% in total) that is about 32 days. The two prices were read 87 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% 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 | BingX CRV-USDC | 0.3623 | 0.0100 | pay 0.0100% / 8h | 2h 47m | — | $1.6M | — |
| Short | Injective CRV/USDC PERP | 0.3630 | −0.0103 | pay 0.0013% / 1h | 47m 50s | $78 | $265K | 12x |
BingX CRV-USDC
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against BingX. 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
- −$42.59
- Price spread: +0.193% → −0.141%
- $33.44
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$19.17
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: BingX: live order book, 15 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 BingX live order book, 15 min ago | 13.75 bp | 32.3 bp −$32 | 65.3 bp −$653 | 820.1 bp −$82.0K | 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 | −0.0302% | 1h | 0.3621 | −0.055% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPshort | −0.0103% | 1h | 0.3630 | +0.193% | $78 | $265K | 12x | |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3618 | −0.135% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3614 | −0.248% | $37K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3609 | −0.384% | $26K | $193K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0015% | 1h | 0.3610 | −0.359% | $59K | $696K | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3620 | −0.080% | $411K | $694K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3621 | −0.055% | $24K | $701 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3620 | −0.095% | $129K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3618 | −0.131% | $366K | $166K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
ApeX Omni CRVUSDT
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3622 | −0.028% | $25.3M | $58.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3622 | −0.028% | $27.6M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3623 | 0.000% | $8.6M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3621 | −0.055% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3621 | −0.055% | $14.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3622 | −0.028% | $7.0M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3624 | +0.028% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDClong | +0.0100% | 8h | 0.3623 | long leg | — | $1.6M | — | |
| Variational Omni CRV | +0.0100% | 8h | 0.3608 | −0.427% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3617 | −0.172% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3610 | −0.359% | $509K | $474K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3651 | +0.773% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3621 | −0.050% | $240K | $885K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3621 | −0.068% | $19K | $9K | 3x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0153% / S +0.0237% | 1h | 0.3621 | −0.043% | $259K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0164% | 1h | 0.3625 | +0.048% | $3.1M | $3.6M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3601 | −0.607% | $1.4M | $4.7M | 75x | as long as short |
| Hyperliquid CRV | +0.0233% | 1h | 0.3629 | +0.171% | $22.3M | $17.0M | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0379% | 1h | 0.3624 | +0.036% | $104K | $362K | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3622 | −0.028% | $378K | $4.8M | 50x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Backpack CRV_USDC_PERP
Coinbase International CRV-PERP-INTX