Funding you earn now, next payment 06:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bitget+2.686%61s7-day average −0.136% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−2.962%−$296 · spread now +2.686%, 7d avg −0.136%
=The price spread pays, funding is against you. Injective is 2.822% dearer against Bitget than usual: you sell high and buy low (spread +2.686% now, against its 7-day average of −0.136%): +$282 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5 months. The two prices were read 61 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 | Bitget CRVUSDT | 0.3574 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $6.6M | $5.3M | 75x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 42m 17s | $79 | $384K | 12x |
Bitget CRVUSDT
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$14
- Price spread: +2.686% → −0.136%
- $282.22
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $256.2
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 4.19 bp | 20.0 bp −$20 | 30.5 bp −$305 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3550 | −0.671% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0030% | 1h | 0.3574 | 0.000% | $54K | $46K | 25x | as long as short |
| Backpack CRV_USDC_PERP | −0.0004% | 1h | 0.3580 | +0.173% | $94K | $259K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3576 | +0.060% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +2.686% | $79 | $384K | 12x | |
| Phoenix CRV | +0.0045% | 1h | 0.3587 | +0.375% | $26K | $177K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3575 | +0.022% | $380K | $695K | 10x | as long as short |
| Variational Omni CRV | +0.0098% | 8h | 0.3582 | +0.220% | $1.1M | $94K | — | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3552 | −0.604% | $20.9M | $15.9M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3556 | −0.502% | $127K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
dYdX CRV-USD
Phoenix CRV
Lighter CRV
Variational Omni 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 | 0.3574 | −0.003% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3554 | −0.560% | $24.5M | $55.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3567 | −0.196% | $26.8M | $18.8M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3576 | +0.056% | $8.6M | $19.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3552 | −0.616% | $1.8M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3552 | −0.616% | $12.8M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3550 | −0.672% | $5.9M | $8.4M | 50x | as long as short |
| Bitget CRVUSDTlong | +0.0100% | 8h | 0.3574 | long leg | $6.6M | $5.3M | 75x | |
| BingX CRV-USDT | +0.0100% | 8h | 0.3553 | −0.588% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3587 | +0.365% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3590 | +0.448% | $504K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3590 | +0.448% | $54K | $683K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3575 | +0.028% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3614 | +1.119% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3572 | −0.067% | $253K | $497K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3571 | −0.082% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3578 | +0.112% | $1.4M | $3.9M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3553 | −0.579% | $208K | — | 100x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3593 | +0.532% | $357K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0680% | 1h | 0.3577 | +0.075% | $3.0M | $2.6M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDT
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]
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD