Funding you earn now, next payment 23:00 UTC−0.0697%/8h= −76.3% APRnext payment −$0.87 per $10,000 · paid last 24h −0.467%
Price spread now: Deribit against GMX−0.032%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Deribit is 0.032% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3673 | L +0.0403% / S −0.0160% | pay 0.0050% / 1h | 9m 08s | $218K | — | 100x |
| Short | Deribit CRV_USDC-PERPETUAL | 0.3672 | −0.0294 | pay 0.0037% / 1h | 9m 08s | $57K | $49K | 25x |
GMX CRV/USD [ETH-USDC]
Deribit CRV_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$146.38
- Price spread: −0.032% → 0.000%
- −$3.16
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$168.54
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
GMX and Deribit: 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-PERPETUALshort | −0.0294% | 1h | 0.3672 | −0.032% | $57K | $49K | 25x | |
| Injective CRV/USDC PERP | −0.0228% | 1h | 0.3670 | −0.086% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0176% | 1h | 0.3668 | −0.138% | $26K | $181K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3672 | −0.031% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3672 | −0.023% | $38K | $4K | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0027% | 1h | 0.3676 | +0.079% | $3.1M | $3.0M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3672 | −0.032% | $24K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3673 | −0.002% | $415K | $707K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3674 | +0.019% | $131K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3671 | −0.048% | $369K | $208K | 10x | as long as short |
Injective CRV/USDC PERP
Phoenix CRV
Reya CRVRUSDPERP
dYdX CRV-USD
Kraken Futures PF_CRVUSD
Orderly PERP_CRV_USDC
Lighter 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 | 0.3673 | −0.004% | $25.8M | $56.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3675 | +0.050% | $28.1M | $17.1M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3673 | −0.004% | $8.8M | $21.7M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3675 | +0.050% | $2.0M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3673 | −0.004% | $14.6M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3677 | +0.105% | $7.2M | $9.0M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3676 | +0.077% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3674 | +0.023% | — | $21.6M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3656 | −0.467% | $1.1M | $124K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3658 | −0.415% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3668 | −0.128% | $519K | $427K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3663 | −0.277% | $60K | $696K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3698 | +0.676% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3672 | −0.038% | $243K | $881K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3673 | −0.018% | $19K | $9K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3674 | +0.023% | $1.4M | $4.2M | 75x | as long as short |
| Hyperliquid CRV | +0.0362% | 1h | 0.3680 | +0.197% | $22.8M | $16.3M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3673 | −0.004% | $382K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0403% / S −0.0160% | 1h | 0.3673 | long leg | $218K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0501% | 1h | 0.3678 | +0.140% | $108K | $369K | 10x | as long as short |
Binance CRVUSDT
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
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP