Funding you earn now, next payment 01:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.017%
Price spread now: Injective against KuCoin−0.326%7-day average −0.239% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.121%−$12 · spread now −0.326%, 7d avg −0.239%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.087% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.239%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CRVUSDTM | 0.3682 | 0.0100 | pay 0.0100% / 8h | 7h 06m | $6.6M | $9.1M | 50x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 6m 41s | $79 | $384K | 12x |
KuCoin CRVUSDTM
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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: −0.326% → −0.239%
- −$8.72
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$34.74
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 1.36 bp | 24.8 bp −$25 | 128.0 bp −$1,280 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0087% | 1h | 0.3676 | −0.174% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3677 | −0.124% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3677 | −0.128% | $38K | $6K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0022% | 1h | 0.3680 | −0.054% | $56K | $50K | 25x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | −0.326% | $79 | $384K | 12x | |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3685 | +0.079% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3677 | −0.128% | $411K | $727K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3681 | −0.027% | $25K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3680 | −0.043% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3674 | −0.218% | $374K | $211K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Kraken Futures PF_CRVUSD
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 | 0.3673 | −0.254% | $25.7M | $55.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3672 | −0.272% | $28.0M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3668 | −0.380% | $8.8M | $21.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3680 | −0.054% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.353% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTMlong | +0.0100% | 8h | 0.3682 | long leg | $6.6M | $9.1M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3679 | −0.081% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3678 | −0.109% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3672 | −0.274% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3686 | +0.100% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3690 | +0.217% | $521K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3686 | +0.109% | $53K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3716 | +0.923% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3676 | −0.161% | $245K | $826K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3681 | −0.027% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3680 | −0.054% | $1.4M | $4.3M | 75x | as long as short |
| Hyperliquid CRV | +0.0314% | 1h | 0.3683 | +0.024% | $22.8M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3685 | +0.081% | $385K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0418% / S −0.0174% | 1h | 0.3681 | −0.030% | $219K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0535% | 1h | 0.3683 | +0.019% | $99K | $295K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP