Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.017%
Price spread now: KuCoin against Injective−0.817%100s7-day average +0.239% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)+1.265%+$126 · spread now −0.817%, 7d avg +0.239%
=Funding pays, the price is against you. KuCoin is 1.056% cheaper against Injective than usual: you would sell low and buy high (spread −0.817% now, against its 7-day average of +0.239%). If the spread goes back, that is −$106 on $10k: about 53 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.038% in total) that is about 6 months. The two prices were read 100 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 | 1m 40s | $79 | $384K | 12x |
| Short | KuCoin CRVUSDTM | 0.3640 | 0.0100 | get 0.0100% / 8h | 7h 01m | $6.5M | $9.1M | 50x |
Injective CRV/USDC PERP
KuCoin CRVUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.817% → +0.239%
- −$105.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$103.63
- Costs to cover
- 0.120%
- Break-even
- 58.8 days
Slippage unknown: Injective: no order-book sample; KuCoin: 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 KuCoin live order book, 2 min ago | 2.74 bp | 37.1 bp −$37 | 110.0 bp −$1,100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.1121% | 1h | 0.3641 | −0.790% | $56K | $50K | 25x | as long as short |
| Phoenix CRV | −0.0087% | 1h | 0.3672 | +0.060% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3639 | −0.832% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3639 | −0.848% | $38K | $6K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Kraken Futures PF_CRVUSD | +0.0089% | 1h | 0.3644 | −0.712% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3638 | −0.872% | $406K | $729K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3644 | −0.708% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3639 | −0.858% | $129K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3639 | −0.848% | $371K | $211K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3634 | −0.981% | $25.4M | $55.7M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3633 | −1.008% | $27.7M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3636 | −0.926% | $8.7M | $21.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3640 | −0.817% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3639 | −0.845% | $15.0M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTMshort | +0.0100% | 8h | 0.3640 | −0.817% | $6.5M | $9.1M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3640 | −0.817% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3637 | −0.899% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3665 | −0.141% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3652 | −0.479% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3670 | 0.000% | $518K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3651 | −0.518% | $52K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3675 | +0.136% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3635 | −0.950% | $245K | $770K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3642 | −0.753% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3643 | −0.736% | $1.4M | $4.2M | 75x | as long as short |
| Hyperliquid CRV | +0.0314% | 1h | 0.3643 | −0.725% | $22.5M | $16.7M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3636 | −0.926% | $380K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0416% / S −0.0174% | 1h | 0.3644 | −0.711% | $216K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0436% | 1h | 0.3644 | −0.717% | $98K | $295K | 10x | as long as short |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP