Funding you earn now, next payment 01:00 UTC−0.0071%/8h= −7.7% APRnext payment −$0.09 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against Extended+0.501%80s7-day average −0.137% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 3 days (all we have)−0.873%−$87 · spread now +0.501%, 7d avg −0.137%
=Together, before fees−0.939%+ Points / potential airdropExtended: Active · farm board−$94 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.638% dearer against Extended than usual: you sell high and buy low (spread +0.501% now, against its 7-day average of −0.137%): +$64 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 30 days. At the pace of the last 7 days (−0.065% in total) that is about 2 months. The two prices were read 80 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 | Extended CRV-USD | 0.3652 | 0.0104 | pay 0.0013% / 1h | 27m 45s | $243K | $948K | 25x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 27m 45s | $79 | $384K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- −$14.84
- Price spread: +0.501% → −0.137%
- $63.79
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $43.93
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 45 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 Extended live order book, 45 min ago | 4.77 bp | 9.8 bp −$10 | 1046.1 bp −$10.5K | 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 | 0.3655 | +0.087% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3652 | +0.006% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3655 | +0.090% | $56K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3657 | +0.156% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +0.501% | $79 | $384K | 12x | |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3658 | +0.180% | $3.1M | $2.8M | 50x | as long as short |
| ApeX Omni CRVUSDT | +0.0094% | 1h | 0.3651 | −0.020% | $52K | $699K | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3657 | +0.134% | $409K | $726K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3655 | +0.090% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3659 | +0.187% | $130K | $182K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3657 | +0.144% | $373K | $211K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3654 | +0.058% | $25.5M | $56.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3654 | +0.063% | $27.8M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3653 | +0.035% | $8.8M | $21.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3657 | +0.145% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3654 | +0.063% | $15.1M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3657 | +0.145% | $6.6M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3656 | +0.117% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3656 | +0.117% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3657 | +0.143% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3655 | +0.098% | $38K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3651 | −0.026% | $516K | $417K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3693 | +1.131% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USDlong | +0.0104% | 1h | 0.3652 | long leg | $243K | $948K | 25x | |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3655 | +0.104% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3652 | +0.008% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0308% | 1h | 0.3659 | +0.197% | $22.7M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3656 | +0.117% | $382K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0174% | 1h | 0.3654 | +0.071% | $217K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0512% | 1h | 0.3659 | +0.189% | $99K | $295K | 10x | as long as short |
Extended CRV-USD
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Kraken Futures PF_CRVUSD
ApeX Omni CRVUSDT
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP