Funding you earn now, next payment 03:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: Bitget against Injective+0.381%7-day average +0.199% · 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)−0.060%−$6 · spread now +0.381%, 7d avg +0.199%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.183% dearer against Injective than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.199%.
| 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 | 31m 07s | $79 | $384K | 12x |
| Short | Bitget CRVUSDT | 0.3684 | 0.0100 | get 0.0100% / 8h | 5h 31m | $6.9M | $5.2M | 75x |
Injective CRV/USDC PERP
Bitget CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: +0.381% → +0.199%
- $18.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $20.23
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Bitget: 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 Bitget live order book, 2 min ago | 4.09 bp | 15.7 bp −$16 | 29.9 bp −$299 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3661 | −0.243% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3672 | +0.064% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3671 | +0.034% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3674 | +0.109% | $56K | $49K | 25x | 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 | 0.3674 | +0.109% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3674 | +0.098% | $387K | $705K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3683 | +0.362% | $22.3M | $15.2M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3675 | +0.129% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3674 | +0.098% | $373K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3679 | +0.238% | $25.4M | $54.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3681 | +0.300% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3681 | +0.300% | $8.9M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3682 | +0.327% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3674 | +0.109% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3680 | +0.272% | $6.4M | $8.8M | 50x | as long as short |
| Bitget CRVUSDTshort | +0.0100% | 8h | 0.3684 | +0.381% | $6.9M | $5.2M | 75x | |
| BingX CRV-USDC | +0.0100% | 8h | 0.3680 | +0.272% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3681 | +0.289% | $101K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3669 | −0.034% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3658 | −0.330% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3663 | −0.181% | $516K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3659 | −0.300% | $53K | $687K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3703 | +0.899% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3673 | +0.080% | $240K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3673 | +0.090% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3679 | +0.245% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3670 | 0.000% | $385K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0369% | 1h | 0.3679 | +0.237% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0437% / S −0.0190% | 1h | 0.3674 | +0.096% | $222K | — | 100x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
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
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD
GMX CRV/USD [ETH-USDC]