Funding you earn now, next payment 02:00 UTC−0.0082%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.027%
Price spread now: Reya against Injective−0.836%52s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Reya is 0.836% cheaper against Injective than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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 | 18m 00s | $79 | $384K | 12x |
| Short | Reya CRVRUSDPERP | 0.3639 | −0.0048 | pay 0.0006% / 1h | 18m 00s | $16 | — | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Reya 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
- −$17.18
- Price spread: −0.836% → 0.000%
- −$83.57
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- −$106.76
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Reya: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Reya no order-book sample | — | — | — | — | — |
Injective and Reya: 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 29 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 | −0.0066% | 1h | 0.3644 | −0.695% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERPshort | −0.0048% | 1h | 0.3639 | −0.836% | $16 | — | 15x | |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3642 | −0.763% | $56K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3634 | −0.992% | $37K | $6K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3642 | −0.763% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3641 | −0.777% | $383K | $715K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3643 | −0.736% | $22.2M | $15.3M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3642 | −0.767% | $130K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3637 | −0.895% | $367K | $196K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3636 | −0.914% | $25.1M | $55.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3635 | −0.954% | $27.6M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3636 | −0.926% | $8.7M | $21.0M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3639 | −0.845% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3641 | −0.790% | $14.8M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3639 | −0.845% | $6.3M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3639 | −0.845% | $6.8M | $5.5M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3637 | −0.899% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3644 | −0.719% | $97K | $300K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3646 | −0.659% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3646 | −0.660% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3645 | −0.678% | $514K | $438K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3647 | −0.627% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3688 | +0.490% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3635 | −0.967% | $237K | $478K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3641 | −0.790% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0290% | 1h | 0.3646 | −0.665% | $3.1M | $2.7M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3642 | −0.763% | $386K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0457% / S −0.0204% | 1h | 0.3644 | −0.715% | $232K | — | 100x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Hyperliquid 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
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]