Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: MEXC against Injective−2.507%7-day average +0.073% · you buy dearer than you sell
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)+2.873%+$287 · spread now −2.507%, 7d avg +0.073%
=Funding pays, the price is against you. MEXC is 2.580% cheaper against Injective than usual: you would sell low and buy high (spread −2.507% now, against its 7-day average of +0.073%). If the spread goes back, that is −$258 on $10k: about 4 months of funding at the current rate (+$2 a day). 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 | Injective CRV/USDC PERP | 0.3670 | 0.0033 | pay 0.0004% / 1h | 47m 15s | $79 | $384K | 12x |
| Short | MEXC CRV_USDT | 0.3578 | 0.0100 | get 0.0100% / 8h | 1h 47m | $12.6M | $5.6M | 125x |
Injective CRV/USDC PERP
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −2.507% → +0.073%
- −$257.97
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$247.99
- Costs to cover
- 0.040%
- Break-even
- 131.0 days
Slippage unknown: Injective: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 1.40 bp | 8.5 bp −$9 | 19.3 bp −$193 | 68.2 bp −$6,825 | 122.8 bp −$61.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3578 | −2.508% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3583 | −2.384% | $26K | $187K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0029% | 1h | 0.3577 | −2.534% | $54K | $45K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3581 | −2.434% | $37K | $8K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0002% | 1h | 0.3583 | −2.379% | $94K | $214K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Variational Omni CRV | +0.0061% | 8h | 0.3574 | −2.618% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3577 | −2.534% | $378K | $711K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3581 | −2.417% | $21.0M | $16.4M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3580 | −2.458% | $112K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Backpack CRV_USDC_PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3579 | −2.468% | $363K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3578 | −2.507% | $24.7M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3575 | −2.589% | $27.0M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3577 | −2.534% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3582 | −2.398% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3578 | −2.507% | $12.6M | $5.6M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3580 | −2.452% | $5.9M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3579 | −2.480% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3578 | −2.507% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3583 | −2.366% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3580 | −2.452% | $507K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3583 | −2.371% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3578 | −2.507% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3657 | −0.354% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3577 | −2.547% | $251K | $498K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3578 | −2.520% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3579 | −2.480% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3579 | −2.480% | $352K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0415% / S −0.0177% | 1h | 0.3579 | −2.486% | $209K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0559% | 1h | 0.3581 | −2.417% | $3.0M | $2.7M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
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
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD