Funding you earn now, next payment 22:00 UTC−0.0300%/8h= −32.9% APRnext payment −$0.38 per $10,000 · paid last 24h −0.109%
Price spread now: ApeX Omni against GMX+0.217%68s7-day average −0.021% · 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)−0.389%−$39 on $10k
+Price spread, last 3 days (all we have)−0.190%−$19 · spread now +0.217%, 7d avg −0.021%
=The price spread pays, funding is against you. ApeX Omni is 0.239% dearer against GMX than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of −0.021%): +$24 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 2.6 days. The two prices were read 68 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 | GMX CRV/USD [ETH-USDC] | 0.3638 | L +0.0400% / S −0.0160% | pay 0.0050% / 1h | 20m 31s | $216K | — | 100x |
| Short | ApeX Omni CRVUSDT | 0.3646 | 0.0100 | get 0.0013% / 1h | 20m 31s | $60K | $693K | 50x |
GMX CRV/USD [ETH-USDC]
ApeX Omni CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$63.08
- Price spread: +0.217% → −0.021%
- $23.85
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$61.22
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 3 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 3 min ago | 6.86 bp | 16.9 bp −$17 | 103.5 bp −$1,035 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.1123% | 1h | 0.3637 | −0.030% | $57K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0103% | 1h | 0.3630 | −0.223% | $78 | $265K | 12x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3634 | −0.104% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3639 | +0.019% | $38K | $4K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3653 | +0.396% | $26K | $193K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3639 | +0.025% | $24K | $701 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3638 | −0.016% | $412K | $698K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3637 | −0.032% | $130K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3640 | +0.039% | $374K | $173K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3635 | −0.085% | $25.4M | $58.3M | 75x | as long as short |
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
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 | 0.3636 | −0.058% | $27.6M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3635 | −0.085% | $8.6M | $22.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3640 | +0.052% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3634 | −0.113% | $14.5M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3640 | +0.052% | $7.0M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3639 | +0.025% | $6.9M | $5.8M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3636 | −0.058% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3659 | +0.585% | $1.1M | $152K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3645 | +0.185% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3650 | +0.324% | $508K | $462K | 10x | as long as short |
| ApeX Omni CRVUSDTshort | +0.0100% | 1h | 0.3646 | +0.217% | $60K | $693K | 50x | |
| SunX CRV-USDT | +0.0100% | 8h | 0.3688 | +1.372% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3635 | −0.083% | $242K | $886K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3640 | +0.040% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0163% | 1h | 0.3643 | +0.147% | $3.1M | $3.5M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3640 | +0.052% | $1.4M | $4.8M | 75x | as long as short |
| Hyperliquid CRV | +0.0303% | 1h | 0.3642 | +0.115% | $22.4M | $17.1M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3650 | +0.327% | $389K | $4.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0400% / S −0.0160% | 1h | 0.3638 | long leg | $216K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0488% | 1h | 0.3641 | +0.077% | $104K | $362K | 10x | as long as short |
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
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP