Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: OKX against Injective−2.943%118s7-day average +0.057% · 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)+3.297%+$330 · spread now −2.943%, 7d avg +0.057%
=Funding pays, the price is against you. OKX is 2.999% cheaper against Injective than usual: you would sell low and buy high (spread −2.943% now, against its 7-day average of +0.057%). If the spread goes back, that is −$300 on $10k: about 5 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. The two prices were read 118 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 | 59m 26s | $79 | $384K | 12x |
| Short | OKX CRV-USDT-SWAP | 0.3562 | 0.0100 | get 0.0100% / 8h | 59m 26s | $8.7M | $20.3M | 50x |
Injective CRV/USDC PERP
OKX CRV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −2.943% → +0.057%
- −$299.95
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$295.97
- Costs to cover
- 0.100%
- Break-even
- 155.0 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago | 1.40 bp | 16.0 bp −$16 | 45.6 bp −$456 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0076% | 1h | 0.3566 | −2.842% | $97K | $216K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3560 | −2.986% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3564 | −2.880% | $25K | $187K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3564 | −2.888% | $54K | $46K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3562 | −2.952% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Variational Omni CRV | +0.0039% | 8h | 0.3557 | −3.082% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3560 | −2.997% | $374K | $686K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3565 | −2.872% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3563 | −2.910% | $114K | $193K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
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 | 0.3562 | −2.930% | $361K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3561 | −2.983% | $24.6M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3558 | −3.052% | $26.8M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3562 | −2.943% | $8.7M | $20.3M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3563 | −2.916% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3563 | −2.916% | $12.2M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3563 | −2.916% | $6.4M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3563 | −2.916% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3561 | −2.970% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3561 | −2.980% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3568 | −2.775% | $505K | $422K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3564 | −2.888% | $53K | $674K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3561 | −2.970% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3634 | −0.981% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3564 | −2.893% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0168% | 1h | 0.3560 | −2.997% | $251K | $514K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3563 | −2.916% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3594 | −2.071% | $351K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0413% / S −0.0177% | 1h | 0.3561 | −2.974% | $208K | — | 100x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0561% | 1h | 0.3567 | −2.798% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
Gate CRV_USDT
MEXC 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
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
GMX CRV/USD [ETH-USDC]
Kraken Futures PF_CRVUSD