Funding you earn now, next payment 23:00 UTC−0.0142%/8h= −15.5% APRnext payment −$0.18 per $10,000 · paid last 24h −0.053%
Price spread now: Phoenix against Injective+0.213%7-day average +0.195% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.520%−$52 on $10k
+Price spread, last 3 days (all we have)+0.016%+$2 · spread now +0.213%, 7d avg +0.195%
=The price spread sits at its 7-day average of +0.195%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| 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 | 55m 15s | $79 | $384K | 12x |
| Short | Phoenix CRV | 0.3678 | −0.0108 | pay 0.0014% / 1h | 55m 15s | $26K | $168K | 10x |
Injective CRV/USDC PERP
Phoenix CRVFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$29.78
- Price spread: +0.213% → +0.195%
- $1.79
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$35.01
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 11 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 Phoenix live order book, 11 min ago | 1.09 bp | 13.1 bp −$13 | 45.8 bp −$458 | 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 | −0.0295% | 1h | 0.3665 | −0.136% | $56K | $50K | 25x | as long as short |
| ApeX Omni CRVUSDT | −0.0266% | 1h | 0.3669 | −0.027% | $60K | $694K | 50x | as long as short |
| Phoenix CRVshort | −0.0108% | 1h | 0.3678 | +0.213% | $26K | $168K | 10x | |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3665 | −0.136% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3669 | −0.035% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3670 | +0.010% | $3.1M | $2.9M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3667 | −0.090% | $411K | $723K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3666 | −0.109% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3668 | −0.058% | $130K | $184K | 10x | as long as short |
Deribit CRV_USDC-PERPETUAL
ApeX Omni CRVUSDT
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Lighter CRV
Orderly PERP_CRV_USDC
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3669 | −0.018% | $370K | $208K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3667 | −0.082% | $25.7M | $56.1M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3667 | −0.082% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3667 | −0.082% | $8.8M | $21.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3670 | 0.000% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3666 | −0.109% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3672 | +0.054% | $7.4M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3670 | 0.000% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3669 | −0.027% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3677 | +0.191% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3668 | −0.046% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3661 | −0.238% | $512K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3691 | +0.572% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3663 | −0.196% | $244K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3669 | −0.019% | $19K | — | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3662 | −0.218% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3672 | +0.054% | $383K | $4.7M | 50x | as long as short |
| Hyperliquid CRV | +0.0388% | 1h | 0.3675 | +0.139% | $22.8M | $16.5M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC] | L +0.0446% / S −0.0193% | 1h | 0.3667 | −0.084% | $232K | — | 100x | as long as short |
| Backpack CRV_USDC_PERP | +0.0759% | 1h | 0.3672 | +0.046% | $104K | $280K | 10x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Hyperliquid CRV
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP