Funding you earn now, next payment 01:00 UTC−0.0346%/8h= −37.9% APRpaid last 24h −0.104%
Price spread now: Binance against GMX+0.007%7-day average −0.076% · 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)−0.421%−$42 on $10k
+Price spread, last 3 days (all we have)−0.121%−$12 · spread now +0.007%, 7d avg −0.076%
=The price spread pays, funding is against you. Binance is 0.083% dearer against GMX than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.076%): +$8 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3646 | L +0.0446% / S −0.0195% | pay 0.0056% / 1h | 39m 56s | $231K | — | 100x |
| Short | Binance CRVUSDT | 0.3647 | 0.0100 | get 0.0100% / 8h | 7h 39m | $25.5M | $56.1M | 75x |
GMX CRV/USD [ETH-USDC]
Binance CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$72.6
- Price spread: +0.007% → −0.076%
- $8.29
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$86.3
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Binance: live order book, 2 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 Binance live order book, 2 min ago | 1.37 bp | 12.0 bp −$12 | 23.1 bp −$231 | 92.5 bp −$9,250 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0164% | 1h | 0.3650 | +0.099% | $60K | $696K | 50x | as long as short |
| Phoenix CRV | −0.0087% | 1h | 0.3652 | +0.154% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3644 | −0.067% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3648 | +0.044% | $56K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3647 | +0.023% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.648% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3651 | +0.140% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3648 | +0.031% | $408K | $725K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3648 | +0.044% | $24K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3648 | +0.049% | $130K | $182K | 10x | as long as short |
ApeX Omni CRVUSDT
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
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 | 0.3647 | +0.016% | $368K | $208K | 10x | as long as short |
| Binance CRVUSDTshort | +0.0100% | 8h | 0.3647 | +0.007% | $25.5M | $56.1M | 75x | |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3647 | +0.017% | $27.7M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3646 | −0.010% | $8.7M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3647 | +0.017% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3645 | −0.038% | $15.0M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3648 | +0.044% | $6.6M | $9.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3650 | +0.099% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3648 | +0.044% | — | $23.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3646 | −0.012% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3650 | +0.099% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3654 | +0.196% | $511K | $405K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3682 | +0.977% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3645 | −0.045% | $243K | $933K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3648 | +0.040% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3643 | −0.093% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0304% | 1h | 0.3655 | +0.231% | $22.6M | $16.6M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3649 | +0.072% | $381K | $4.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0446% / S −0.0195% | 1h | 0.3646 | long leg | $231K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0488% | 1h | 0.3650 | +0.099% | $103K | $280K | 10x | as long as short |
Pacifica CRV
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP