Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against Bitget+1.690%71s7-day average +0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−1.966%−$197 · spread now +1.690%, 7d avg +0.046%
=The price spread pays, funding is against you. Injective is 1.644% dearer against Bitget than usual: you sell high and buy low (spread +1.690% now, against its 7-day average of +0.046%): +$164 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3 months. The two prices were read 71 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 | Bitget CRVUSDT | 0.3609 | 0.0100 | pay 0.0100% / 8h | 4h 10m | $6.8M | $4.3M | 75x |
| Short | Injective CRV/USDC PERP | 0.3670 | 0.0033 | get 0.0004% / 1h | 10m 10s | $79 | $384K | 12x |
Bitget CRVUSDT
Injective CRV/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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: +1.690% → +0.046%
- $164.43
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $138.41
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 1.39 bp | 16.2 bp −$16 | 21.0 bp −$210 | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CRV | −0.0132% | 8h | 0.3601 | −0.235% | $1.1M | $105K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3605 | −0.124% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3606 | −0.070% | $41K | $13K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3615 | +0.169% | $26K | $163K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3606 | −0.083% | $55K | $45K | 25x | as long as short |
| Injective CRV/USDC PERPshort | +0.0033% | 1h | 0.3670 | +1.690% | $79 | $384K | 12x | |
| Lighter CRV | +0.0096% | 1h | 0.3607 | −0.055% | $399K | $589K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3611 | +0.064% | $139K | $130K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3607 | −0.059% | $378K | $201K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3612 | +0.079% | $25.0M | $51.0M | 75x | as long as short |
Variational Omni CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3608 | −0.028% | $27.0M | $17.9M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3610 | +0.028% | $8.7M | $18.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3608 | −0.028% | $1.8M | $1.1M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3605 | −0.111% | $12.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3607 | −0.055% | $6.6M | $8.0M | 50x | as long as short |
| Bitget CRVUSDTlong | +0.0100% | 8h | 0.3609 | long leg | $6.8M | $4.3M | 75x | |
| BingX CRV-USDT | +0.0100% | 8h | 0.3604 | −0.139% | — | $40.0M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3613 | +0.117% | $37K | $169K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3619 | +0.277% | $514K | $401K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3612 | +0.083% | $52K | $663K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3606 | −0.083% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3668 | +1.635% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3604 | −0.132% | $258K | $531K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3606 | −0.082% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3603 | −0.166% | $1.3M | $3.2M | 75x | as long as short |
| Backpack CRV_USDC_PERP | +0.0313% | 1h | 0.3609 | +0.006% | $95K | $222K | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0416% | 1h | 0.3608 | −0.028% | $361K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0417% / S −0.0178% | 1h | 0.3605 | −0.098% | $212K | — | 100x | as long as short |
| Hyperliquid CRV | +0.0682% | 1h | 0.3613 | +0.108% | $22.0M | $16.2M | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0685% | 1h | 0.3611 | +0.067% | $3.1M | $2.1M | 50x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
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
Backpack CRV_USDC_PERP
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Hyperliquid CRV
Kraken Futures PF_CRVUSD