Funding you earn now, next payment 22:00 UTC+0.0203%/8h= +22.2% APRpaid last 24h +0.010%
Price spread now: MEXC against Injective+0.826%100s7-day average +0.172% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)−0.230%−$23 · spread now +0.826%, 7d avg +0.172%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and MEXC is 0.655% dearer against Injective than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of +0.172%. The two prices were read 100 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 0.007% in total (about 0.4% 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 | 0.3630 | −0.0103 | get 0.0013% / 1h | 27m 42s | $78 | $265K | 12x |
| Short | MEXC CRV_USDT | 0.3660 | 0.0100 | get 0.0100% / 8h | 2h 27m | $14.6M | $5.7M | 125x |
Injective CRV/USDC PERP
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $42.59
- Price spread: +0.826% → +0.172%
- $65.45
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $104.02
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 1.37 bp | 6.7 bp −$7 | 16.8 bp −$168 | 77.3 bp −$7,728 | 124.5 bp −$62.3K |
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 | −0.0841% | 1h | 0.3663 | +0.909% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPlong | −0.0103% | 1h | 0.3630 | long leg | $78 | $265K | 12x | |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3663 | +0.906% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3660 | +0.836% | $38K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3640 | +0.270% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3665 | +0.964% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3659 | +0.804% | $415K | $696K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3660 | +0.822% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3662 | +0.872% | $376K | $173K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3660 | +0.826% | $25.6M | $58.3M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3658 | +0.771% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3659 | +0.799% | $8.7M | $22.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3662 | +0.882% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3660 | +0.826% | $14.6M | $5.7M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3661 | +0.854% | $7.1M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3661 | +0.854% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3659 | +0.799% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3659 | +0.808% | $1.1M | $152K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3657 | +0.744% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | +0.826% | $516K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3664 | +0.937% | $60K | $694K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3712 | +2.259% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3657 | +0.754% | $243K | $885K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3664 | +0.948% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0162% | 1h | 0.3667 | +1.026% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3662 | +0.882% | $1.4M | $4.8M | 75x | as long as short |
| Hyperliquid CRV | +0.0339% | 1h | 0.3665 | +0.956% | $22.6M | $17.1M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3671 | +1.129% | $391K | $4.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3666 | +0.983% | $217K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0500% | 1h | 0.3669 | +1.074% | $105K | $362K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP