Funding you earn now, next payment 23:00 UTC−0.0328%/8h= −36.0% APRpaid last 24h −0.012%
Price spread now: Injective against OKX−1.336%68s7-day average −0.162% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)+1.045%+$105 · spread now −1.336%, 7d avg −0.162%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 1.173% cheaper against OKX than usual: you would sell low and buy high (−$117 if the spread goes back to its 7-day average of −0.162%). Swap the legs. The two prices were read 68 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 -0.009% in total (about -0.5% 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 | OKX CRV-USDT-SWAP | 0.3669 | 0.0100 | pay 0.0100% / 8h | 1h 36m | $8.7M | $22.2M | 50x |
| Short | Injective CRV/USDC PERP | 0.3620 | −0.0228 | pay 0.0029% / 1h | 36m 16s | $78 | $318K | 12x |
OKX CRV-USDT-SWAP
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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: −1.336% → −0.162%
- −$117.31
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$196.28
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: 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 OKX live order book, 2 min ago | 1.36 bp | 14.3 bp −$14 | 42.6 bp −$426 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0295% | 1h | 0.3671 | +0.055% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPshort | −0.0228% | 1h | 0.3620 | −1.336% | $78 | $318K | 12x | |
| Phoenix CRV | −0.0176% | 1h | 0.3686 | +0.461% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3671 | +0.056% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3677 | +0.230% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3674 | +0.127% | $3.1M | $3.2M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3672 | +0.082% | $24K | $930 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3670 | +0.038% | $415K | $702K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3679 | +0.259% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3678 | +0.256% | $380K | $189K | 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 | 0.3669 | 0.000% | $25.8M | $57.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3671 | +0.055% | $27.9M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3669 | long leg | $8.7M | $22.2M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3678 | +0.245% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3676 | +0.191% | $14.7M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3679 | +0.273% | $7.1M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3673 | +0.109% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3676 | +0.191% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3688 | +0.520% | $1.1M | $138K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3682 | +0.355% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3686 | +0.461% | $513K | $437K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3687 | +0.491% | $61K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3704 | +0.954% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3670 | +0.025% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3671 | +0.061% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | +0.273% | $1.4M | $4.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3675 | +0.164% | $386K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0403% / S −0.0160% | 1h | 0.3674 | +0.129% | $218K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0432% | 1h | 0.3683 | +0.376% | $107K | $362K | 10x | as long as short |
| Hyperliquid CRV | +0.0436% | 1h | 0.3679 | +0.278% | $22.8M | $16.6M | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
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
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Hyperliquid CRV