Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bybit against Injective−2.534%7-day average +0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+2.744%+$274 · spread now −2.534%, 7d avg +0.075%
=Funding pays, the price is against you. Bybit is 2.609% cheaper against Injective than usual: you would sell low and buy high (spread −2.534% now, against its 7-day average of +0.075%). If the spread goes back, that is −$261 on $10k: about 4 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRV/USDC PERP | 0.3670 | 0.0033 | pay 0.0004% / 1h | 54m 41s | $79 | $384K | 12x |
| Short | Bybit CRVUSDT | 0.3577 | 0.0100 | get 0.0100% / 8h | 1h 54m | $27.0M | $19.4M | 75x |
Injective CRV/USDC PERP
Bybit CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Injective. 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: −2.534% → +0.075%
- −$260.88
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$257.9
- Costs to cover
- 0.110%
- Break-even
- 135.9 days
Slippage unknown: Injective: no order-book sample; Bybit: live order book, 4 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.39 bp | 13.4 bp −$13 | 27.2 bp −$272 | 208.3 bp −$20.8K | doesn't fit |
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 | 0.3582 | −2.386% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0037% | 1h | 0.3588 | −2.245% | $94K | $214K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3583 | −2.376% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3584 | −2.343% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Phoenix CRV | +0.0045% | 1h | 0.3586 | −2.278% | $26K | $187K | 10x | as long as short |
| Variational Omni CRV | +0.0064% | 8h | 0.3581 | −2.429% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3579 | −2.480% | $379K | $710K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3584 | −2.351% | $21.0M | $16.4M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3582 | −2.385% | $113K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3580 | −2.445% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3581 | −2.433% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDTshort | +0.0100% | 8h | 0.3577 | −2.534% | $27.0M | $19.4M | 75x | |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3580 | −2.452% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3585 | −2.316% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3581 | −2.425% | $12.6M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3583 | −2.371% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3582 | −2.398% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3583 | −2.371% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3584 | −2.335% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3588 | −2.245% | $508K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3584 | −2.343% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3583 | −2.371% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3661 | −0.245% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3584 | −2.341% | $253K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3584 | −2.357% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3586 | −2.289% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3587 | −2.262% | $356K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3584 | −2.357% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0558% | 1h | 0.3587 | −2.257% | $3.0M | $2.7M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD