Funding you earn now, next payment 02:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.017%
Price spread now: OKX against Injective−0.845%48s7-day average +0.151% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+1.017%+$102 · spread now −0.845%, 7d avg +0.151%
=Funding pays, the price is against you. OKX is 0.996% cheaper against Injective than usual: you would sell low and buy high (spread −0.845% now, against its 7-day average of +0.151%). If the spread goes back, that is −$100 on $10k: about 50 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.014% in total) that is about 16 months. The two prices were read 48 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 | Injective CRV/USDC PERP | 0.3670 | 0.0033 | pay 0.0004% / 1h | 26m 30s | $79 | $384K | 12x |
| Short | OKX CRV-USDT-SWAP | 0.3639 | 0.0100 | get 0.0100% / 8h | 6h 26m | $8.8M | $21.0M | 50x |
Injective CRV/USDC PERP
OKX CRV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $14
- Price spread: −0.845% → +0.151%
- −$99.55
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$95.57
- Costs to cover
- 0.100%
- Break-even
- 54.8 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.38 bp | 13.3 bp −$13 | 49.8 bp −$498 | doesn't fit | doesn't fit |
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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0066% | 1h | 0.3618 | −1.417% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3631 | −1.065% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0025% | 1h | 0.3632 | −1.035% | $55K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3633 | −0.998% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3632 | −1.035% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3633 | −1.022% | $383K | $712K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3637 | −0.896% | $22.3M | $15.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3634 | −0.979% | $129K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3634 | −0.975% | $367K | $196K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3636 | −0.919% | $25.1M | $55.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3635 | −0.954% | $27.6M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3639 | −0.845% | $8.8M | $21.0M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3635 | −0.954% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3634 | −0.981% | $14.8M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3635 | −0.954% | $6.3M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3637 | −0.899% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3635 | −0.954% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3635 | −0.943% | $97K | $300K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3612 | −1.582% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3620 | −1.373% | $37K | $171K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3615 | −1.510% | $506K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | −1.308% | $52K | $691K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3682 | +0.327% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3635 | −0.952% | $237K | $511K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3630 | −1.090% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0291% | 1h | 0.3636 | −0.914% | $3.1M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3636 | −0.926% | $383K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0454% / S −0.0202% | 1h | 0.3632 | −1.038% | $231K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
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
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]