Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against OKX+2.457%7-day average +0.013% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)−2.720%−$272 · spread now +2.457%, 7d avg +0.013%
=The price spread pays, funding is against you. Injective is 2.444% dearer against OKX than usual: you sell high and buy low (spread +2.457% now, against its 7-day average of +0.013%): +$244 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months. At the pace of the last 7 days (−0.017% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CRV-USDT-SWAP | 0.3582 | 0.0100 | pay 0.0100% / 8h | 7h 40m | $8.7M | $20.6M | 50x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 40m 57s | $79 | $384K | 12x |
OKX CRV-USDT-SWAP
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against OKX. 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: +2.457% → +0.013%
- $244.38
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $220.36
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: OKX: live order book, 3 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 OKX live order book, 3 min ago | 1.40 bp | 15.8 bp −$16 | 39.2 bp −$392 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.0159% | 8h | 0.3577 | −0.140% | $26.9M | $19.7M | 75x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3578 | −0.113% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0029% | 1h | 0.3579 | −0.084% | $53K | $46K | 25x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3586 | +0.106% | $26K | $190K | 10x | as long as short |
| Variational Omni CRV | −0.0005% | 8h | 0.3584 | +0.053% | $1.1M | $94K | — | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3582 | +0.008% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +2.457% | $79 | $384K | 12x | |
| Backpack CRV_USDC_PERP | +0.0088% | 1h | 0.3581 | −0.017% | $93K | $256K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3578 | −0.103% | $375K | $681K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3584 | +0.047% | $21.0M | $16.8M | 10x | as long as short |
Bybit CRVUSDT
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Variational Omni CRV
dYdX CRV-USD
Backpack CRV_USDC_PERP
Lighter CRV
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3583 | +0.030% | $115K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3580 | −0.069% | $361K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3580 | −0.056% | $24.7M | $57.7M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3582 | long leg | $8.7M | $20.6M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3584 | +0.056% | $1.9M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3580 | −0.056% | $12.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3584 | +0.056% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3582 | 0.000% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3581 | −0.028% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3586 | +0.104% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3589 | +0.186% | $511K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3584 | +0.056% | $53K | $664K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3579 | −0.084% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3657 | +2.094% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3579 | −0.095% | $255K | $512K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3578 | −0.116% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3576 | −0.168% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3584 | +0.056% | $360K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0414% / S −0.0177% | 1h | 0.3584 | +0.057% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0667% | 1h | 0.3582 | +0.008% | $3.0M | $2.8M | 50x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
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