Funding you earn now, next payment 23:00 UTC+0.0328%/8h= +36.0% APRpaid last 24h +0.012%
Price spread now: BingX against Injective+1.215%57s7-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+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)−1.004%−$100 · spread now +1.215%, 7d avg +0.141%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BingX is 1.074% dearer against Injective than usual: you sell high and buy low: +$107 more if the spread goes back to its 7-day average of +0.141%. The two prices were read 57 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 0.074% in total (about 3.9% 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 | Injective CRV/USDC PERP | 0.3620 | −0.0228 | get 0.0029% / 1h | 52m 25s | $78 | $318K | 12x |
| Short | BingX CRV-USDC | 0.3664 | 0.0100 | get 0.0100% / 8h | 1h 52m | — | $1.7M | — |
Injective CRV/USDC PERP
BingX CRV-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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: +1.215% → +0.141%
- $107.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $166.36
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BingX: live order book, 9 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 9 min ago | 15.13 bp | 27.5 bp −$27 | 61.7 bp −$617 | 343.6 bp −$34.4K | 952.5 bp −$476.2K |
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 | −0.0296% | 1h | 0.3658 | +1.050% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPlong | −0.0228% | 1h | 0.3620 | long leg | $78 | $318K | 12x | |
| Phoenix CRV | −0.0176% | 1h | 0.3656 | +1.003% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3664 | +1.209% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3662 | +1.150% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3665 | +1.237% | $3.1M | $3.4M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3664 | +1.215% | $24K | $1K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3661 | +1.127% | $415K | $699K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3665 | +1.233% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3663 | +1.183% | $373K | $177K | 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 | 0.3663 | +1.198% | $25.7M | $57.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3664 | +1.215% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3663 | +1.188% | $8.7M | $22.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3664 | +1.215% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3663 | +1.188% | $14.6M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3667 | +1.298% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3665 | +1.243% | $6.9M | $5.7M | 75x | as long as short |
| BingX CRV-USDCshort | +0.0100% | 8h | 0.3664 | +1.215% | — | $1.7M | — | |
| Variational Omni CRV | +0.0100% | 8h | 0.3663 | +1.193% | $1.1M | $145K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3669 | +1.344% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3670 | +1.369% | $511K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3670 | +1.381% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3707 | +2.403% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3661 | +1.144% | $243K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3664 | +1.215% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3656 | +0.994% | $1.4M | $4.7M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3665 | +1.243% | $390K | $4.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3665 | +1.241% | $217K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0438% | 1h | 0.3670 | +1.378% | $22.7M | $16.8M | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0489% | 1h | 0.3663 | +1.188% | $105K | $361K | 10x | 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
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Backpack CRV_USDC_PERP