Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.003%
Price spread now: Injective against Variational Omni+1.497%106s7-day average −0.113% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.068%+$7 on $10k
+Price spread, last 4 days (all we have)−2.210%−$221 · spread now +1.497%, 7d avg −0.113%
=Together, before fees−2.142%+ Points / potential airdropVariational Omni: Active · farm board−$214 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 1.610% dearer against Variational Omni than usual: you sell high and buy low (spread +1.497% now, against its 7-day average of −0.113%): +$161 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 3 days funding on this pair paid +0.068%, so the current rate has only just turned against you. The two prices were read 106 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 | Variational Omni CRV | 0.3616 | 0.0100 | pay 0.0100% / 8h | 4h 03m | $1.1M | $101K | — |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 3m 33s | $79 | $384K | 12x |
Variational Omni CRV
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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: +1.497% → −0.113%
- $160.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $146.97
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 1 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 Variational Omni RFQ quote, 1 min ago | 5.54 bp | doesn't fit | 27.7 bp −$277 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3613 | −0.088% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3617 | +0.044% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3612 | −0.110% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0027% | 1h | 0.3616 | +0.004% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +1.497% | $79 | $384K | 12x | |
| Backpack CRV_USDC_PERP | +0.0058% | 1h | 0.3621 | +0.136% | $97K | $299K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3620 | +0.120% | $383K | $711K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3614 | −0.052% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3617 | +0.019% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3620 | +0.122% | $367K | $198K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
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 | 0.3621 | +0.143% | $24.8M | $54.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3621 | +0.142% | $27.4M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3623 | +0.197% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3619 | +0.087% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3620 | +0.114% | $13.7M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3619 | +0.087% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3621 | +0.142% | $6.8M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3619 | +0.087% | — | $1.6M | — | as long as short |
| Variational Omni CRVlong | +0.0100% | 8h | 0.3616 | long leg | $1.1M | $101K | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3613 | −0.091% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3627 | +0.301% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3612 | −0.107% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3676 | +1.663% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3621 | +0.141% | $237K | $473K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3616 | −0.006% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0151% | 1h | 0.3624 | +0.217% | $21.9M | $14.9M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3610 | −0.162% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3622 | +0.170% | $378K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0177% | 1h | 0.3614 | −0.049% | $211K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0699% | 1h | 0.3622 | +0.156% | $3.1M | $2.6M | 50x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD