Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.017%
Price spread now: OKX against Injective−0.545%108s7-day average +0.165% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 3 days (all we have)+0.770%+$77 · spread now −0.545%, 7d avg +0.165%
=Funding pays, the price is against you. OKX is 0.710% cheaper against Injective than usual: you would sell low and buy high (spread −0.545% now, against its 7-day average of +0.165%). If the spread goes back, that is −$71 on $10k: about 35 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.014% in total) that is about 12 months. The two prices were read 108 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 | Injective CRV/USDC PERP | 0.3670 | 0.0033 | pay 0.0004% / 1h | 51m 34s | $79 | $384K | 12x |
| Short | OKX CRV-USDT-SWAP | 0.3650 | 0.0100 | get 0.0100% / 8h | 7h 51m | $8.7M | $21.5M | 50x |
Injective CRV/USDC PERP
OKX CRV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.545% → +0.165%
- −$70.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$66.97
- Costs to cover
- 0.100%
- Break-even
- 40.5 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.37 bp | 12.4 bp −$12 | 44.4 bp −$444 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0403% | 1h | 0.3659 | −0.300% | $60K | $695K | 50x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0297% | 1h | 0.3651 | −0.518% | $56K | $50K | 25x | as long as short |
| Phoenix CRV | −0.0087% | 1h | 0.3676 | +0.155% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3654 | −0.424% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3655 | −0.397% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Gate CRV_USDT | +0.0059% | 8h | 0.3652 | −0.490% | $1.9M | $1.3M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3651 | −0.529% | $3.1M | $2.9M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3655 | −0.414% | $409K | $725K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3652 | −0.490% | $24K | $929 | 10x | as long as short |
ApeX Omni CRVUSDT
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Gate CRV_USDT
Kraken Futures PF_CRVUSD
Lighter CRV
Orderly PERP_CRV_USDCShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3656 | −0.386% | $130K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3654 | −0.447% | $369K | $208K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3650 | −0.542% | $25.6M | $56.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3651 | −0.518% | $27.7M | $17.4M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3650 | −0.545% | $8.7M | $21.5M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3653 | −0.463% | $15.0M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3657 | −0.354% | $6.9M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3656 | −0.381% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3653 | −0.463% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3677 | +0.191% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3661 | −0.248% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3662 | −0.227% | $512K | $405K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3679 | +0.245% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3651 | −0.511% | $243K | $892K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3651 | −0.504% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3663 | −0.191% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0273% | 1h | 0.3654 | −0.425% | $22.7M | $16.4M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3651 | −0.518% | $380K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0445% / S −0.0193% | 1h | 0.3656 | −0.380% | $232K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0705% | 1h | 0.3649 | −0.567% | $104K | $280K | 10x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP