Funding you earn now, next payment 03:00 UTC−0.0339%/8h= −37.1% APRpaid last 24h −0.100%
Price spread now: Bitget against GMX−0.083%7-day average −0.034% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.401%−$40 on $10k
+Price spread, last 4 days (all we have)−0.297%−$30 · spread now −0.083%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Bitget is 0.050% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3686 | L +0.0439% / S −0.0191% | pay 0.0055% / 1h | 16m 08s | $223K | — | 100x |
| Short | Bitget CRVUSDT | 0.3683 | 0.0100 | get 0.0100% / 8h | 5h 16m | $6.9M | $5.2M | 75x |
GMX CRV/USD [ETH-USDC]
Bitget CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$71.14
- Price spread: −0.083% → −0.034%
- −$4.97
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$100.11
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: 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 Bitget live order book, 2 min ago | 2.71 bp | 17.0 bp −$17 | 35.9 bp −$359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0065% | 1h | 0.3695 | +0.245% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3683 | −0.073% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3684 | −0.063% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3681 | −0.138% | $56K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.436% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3681 | −0.129% | $387K | $709K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3681 | −0.138% | $25K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3683 | −0.081% | $22.3M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3684 | −0.050% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3685 | −0.019% | $374K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3680 | −0.165% | $25.5M | $53.7M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3679 | −0.192% | $27.9M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3679 | −0.192% | $8.9M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3682 | −0.110% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3678 | −0.219% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3684 | −0.056% | $6.3M | $8.8M | 50x | as long as short |
| Bitget CRVUSDTshort | +0.0100% | 8h | 0.3683 | −0.083% | $6.9M | $5.2M | 75x | |
| BingX CRV-USDT | +0.0100% | 8h | 0.3681 | −0.138% | — | $23.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3682 | −0.110% | $101K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3680 | −0.171% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3687 | +0.017% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3690 | +0.107% | $520K | $429K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3693 | +0.188% | $53K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3707 | +0.568% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3679 | −0.191% | $241K | $476K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3681 | −0.141% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3687 | +0.025% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3682 | −0.110% | $382K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0368% | 1h | 0.3686 | +0.011% | $3.1M | $2.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0439% / S −0.0191% | 1h | 0.3686 | long leg | $223K | — | 100x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD