Funding you earn now, next payment 02:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.017%
Price spread now: Injective against Pacifica+0.011%7-day average −0.229% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.094%−$9 on $10k
+Price spread, last 3 days (all we have)−0.305%−$30 · spread now +0.011%, 7d avg −0.229%
=Together, before fees−0.399%+ Points / potential airdropPacifica: Active · farm board−$40 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.240% dearer against Pacifica than usual: you sell high and buy low (spread +0.011% now, against its 7-day average of −0.229%): +$24 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica CRV | 0.3670 | 0.0100 | pay 0.0013% / 1h | 0m 41s | $372K | $198K | 10x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 0m 41s | $79 | $384K | 12x |
Pacifica CRV
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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: +0.011% → −0.229%
- $24.01
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1.99
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: 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 Pacifica live order book, 3 min ago | 17.76 bp | 24.8 bp −$25 | doesn't fit | 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 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 | 0.3673 | +0.085% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3667 | −0.059% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3669 | −0.016% | $56K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3668 | −0.036% | $38K | $7K | 10x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +0.011% | $79 | $384K | 12x | |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3668 | −0.043% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3669 | −0.027% | $385K | $717K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3674 | +0.117% | $22.4M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3672 | +0.069% | $131K | $182K | 10x | as long as short |
| Pacifica CRVlong | +0.0100% | 1h | 0.3670 | long leg | $372K | $198K | 10x |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3671 | +0.038% | $25.3M | $54.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3669 | −0.016% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3670 | +0.011% | $8.8M | $20.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3671 | +0.038% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.016% | $14.8M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3671 | +0.038% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3672 | +0.066% | $6.9M | $5.3M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3671 | +0.038% | — | $1.7M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3671 | +0.038% | $98K | $299K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3667 | −0.074% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3659 | −0.289% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | −0.261% | $516K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3663 | −0.180% | $53K | $689K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3717 | +1.292% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3670 | +0.015% | $240K | $472K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3669 | −0.030% | $13K | $6K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0288% | 1h | 0.3673 | +0.089% | $3.1M | $2.6M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3669 | −0.016% | $385K | $4.2M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0461% / S −0.0207% | 1h | 0.3670 | −0.001% | $234K | — | 100x | as long as short |
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
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]