Funding you earn now, next payment 01:00 UTC−0.0198%/8h= −21.7% APRpaid last 24h −0.068%
Price spread now: BloFin against GMX+0.035%7-day average −0.056% · 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)−0.289%−$29 on $10k
+Price spread, last 3 days (all we have)−0.075%−$7 · spread now +0.035%, 7d avg −0.056%
=The price spread pays, funding is against you. BloFin is 0.091% dearer against GMX than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.056%): +$9 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 37 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3688 | L +0.0418% / S −0.0174% | pay 0.0052% / 1h | 9m 16s | $219K | — | 100x |
| Short | BloFin CRV-USDT | 0.3689 | 0.0220 | get 0.0220% / 8h | 7h 09m | $1.4M | $4.3M | 75x |
GMX CRV/USD [ETH-USDC]
BloFin CRV-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$41.55
- Price spread: +0.035% → −0.056%
- $9.09
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56.46
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 5.43 bp | 11.4 bp −$11 | 29.5 bp −$295 | 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 | −0.0087% | 1h | 0.3676 | −0.328% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3685 | −0.061% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3685 | −0.062% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.480% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3688 | +0.017% | $3.1M | $2.8M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3685 | −0.062% | $412K | $727K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3688 | +0.008% | $25K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3688 | +0.013% | $131K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3687 | −0.023% | $376K | $211K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3685 | −0.076% | $25.7M | $55.8M | 75x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3684 | −0.100% | $28.1M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3683 | −0.127% | $8.9M | $21.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3687 | −0.019% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3688 | +0.008% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3688 | +0.008% | $6.6M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3689 | +0.035% | $7.0M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3688 | +0.008% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3672 | −0.429% | $1.1M | $114K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3673 | −0.392% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3683 | −0.129% | $520K | $407K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3675 | −0.344% | $53K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3721 | +0.903% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3684 | −0.110% | $247K | $850K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3687 | −0.030% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTshort | +0.0220% | 8h | 0.3689 | +0.035% | $1.4M | $4.3M | 75x | |
| Deribit CRV_USDC-PERPETUAL | +0.0293% | 1h | 0.3686 | −0.046% | $57K | $50K | 25x | as long as short |
| Hyperliquid CRV | +0.0315% | 1h | 0.3693 | +0.138% | $22.9M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3695 | +0.198% | $386K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0418% / S −0.0174% | 1h | 0.3688 | long leg | $219K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0545% | 1h | 0.3688 | +0.011% | $99K | $295K | 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
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Deribit CRV_USDC-PERPETUAL
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP