Funding you earn now, next payment 21:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h +0.056%
Price spread now: Injective against Phoenix−0.179%112s7-day average −0.186% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 3 days (all we have)−0.582%−$58 · spread now −0.179%, 7d avg −0.186%
=The price spread sits at its 7-day average of −0.186%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.529%, so the current rate has only just turned against you. The two prices were read 112 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 | Phoenix CRV | 0.3636 | 0 | get 0.0000% / 1h | 35m 28s | $26K | $193K | 10x |
| Short | Injective CRV/USDC PERP | 0.3630 | −0.0103 | pay 0.0013% / 1h | 35m 28s | $78 | $265K | 12x |
Phoenix CRV
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phoenix. 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
- −$21.59
- Price spread: −0.179% → −0.186%
- $0.77
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$27.83
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 47 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 Phoenix live order book, 47 min ago | 1.37 bp | 15.1 bp −$15 | 64.2 bp −$642 | 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 | −0.0576% | 1h | 0.3631 | −0.151% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERPshort | −0.0103% | 1h | 0.3630 | −0.179% | $78 | $265K | 12x | |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3638 | +0.038% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3641 | +0.120% | $38K | $4K | 10x | as long as short |
| Phoenix CRVlong | 0.0000% | 1h | 0.3636 | long leg | $26K | $193K | 10x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3633 | −0.096% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3639 | +0.080% | $413K | $695K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3640 | +0.099% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3640 | +0.095% | $368K | $166K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3639 | +0.055% | $25.4M | $58.4M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
dYdX CRV-USD
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 | 0.3640 | +0.096% | $27.7M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3639 | +0.069% | $8.6M | $22.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3638 | +0.041% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3639 | +0.069% | $14.4M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3640 | +0.096% | $7.0M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3642 | +0.151% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3638 | +0.041% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3624 | −0.357% | $1.1M | $151K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3620 | −0.447% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | −0.177% | $512K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3630 | −0.179% | $60K | $695K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3671 | +0.949% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3637 | +0.016% | $241K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3632 | −0.124% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0164% | 1h | 0.3634 | −0.055% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3630 | −0.179% | $1.4M | $4.7M | 75x | as long as short |
| Hyperliquid CRV | +0.0331% | 1h | 0.3641 | +0.124% | $22.4M | $17.0M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3628 | −0.234% | $388K | $4.8M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0401% / S −0.0160% | 1h | 0.3634 | −0.081% | $216K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0473% | 1h | 0.3637 | +0.016% | $104K | $362K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
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
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP