Funding you earn now, next payment 00:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.009%
Price spread now: GMX against BingX+0.028%7-day average +0.073% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.095%+$10 on $10k
+Price spread, last 3 days (all we have)+0.115%+$11 · spread now +0.028%, 7d avg +0.073%
=Funding pays, the price is against you. GMX is 0.046% cheaper against BingX than usual: you would sell low and buy high (spread +0.028% now, against its 7-day average of +0.073%). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CRV-USDC | 0.3697 | 0.0100 | pay 0.0100% / 8h | 55m 20s | — | $1.7M | — |
| Short | GMX CRV/USD [ETH-USDC] | 0.3698 | L +0.0451% / S −0.0191% | get 0.0024% / 1h | 55m 20s | $240K | — | 100x |
BingX CRV-USDC
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $19.17
- Price spread: +0.028% → +0.073%
- −$4.57
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$7.41
- Costs to cover
- 0.220%
- Break-even
- 9.7 days
Slippage unknown: BingX: live order book, 2 min ago; GMX: no order-book sample. 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 BingX live order book, 2 min ago | 14.90 bp | 29.9 bp −$30 | 60.5 bp −$605 | 413.1 bp −$41.3K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | −0.0176% | 1h | 0.3694 | −0.089% | $26K | $176K | 10x | as long as short |
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −0.730% | $79 | $384K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3696 | −0.026% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3695 | −0.048% | $38K | $5K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3698 | +0.027% | $57K | $49K | 25x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3699 | +0.054% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3698 | +0.024% | $418K | $718K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3698 | +0.024% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3696 | −0.024% | $376K | $216K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3697 | 0.000% | $26.0M | $56.4M | 75x | as long as short |
Phoenix CRV
Injective CRV/USDC PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Orderly PERP_CRV_USDC
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3697 | 0.000% | $28.3M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3698 | +0.027% | $8.9M | $21.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3698 | +0.027% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3696 | −0.027% | $14.9M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3700 | +0.081% | $7.3M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3701 | +0.108% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDClong | +0.0100% | 8h | 0.3697 | long leg | — | $1.7M | — | |
| Variational Omni CRV | +0.0100% | 8h | 0.3689 | −0.216% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3690 | −0.199% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3691 | −0.163% | $522K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3689 | −0.216% | $61K | $698K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3713 | +0.433% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3697 | +0.009% | $244K | $880K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3698 | +0.016% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0154% | 1h | 0.3709 | +0.326% | $3.1M | $2.9M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3693 | −0.108% | $1.4M | $4.3M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3701 | +0.108% | $385K | $4.8M | 50x | as long as short |
| Hyperliquid CRV | +0.0434% | 1h | 0.3703 | +0.151% | $23.0M | $16.3M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0451% / S −0.0191% | 1h | 0.3698 | +0.028% | $240K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0683% | 1h | 0.3696 | −0.032% | $108K | $316K | 10x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Hyperliquid CRV
Backpack CRV_USDC_PERP