Funding you earn now, next payment 05:00 UTC−0.0317%/8h= −34.7% APRpaid last 24h −0.095%
Price spread now: GRVT against GMX−0.026%69s7-day average −0.036% · 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)−0.403%−$40 on $10k
+Price spread, last 4 days (all we have)+0.055%+$5 · spread now −0.026%, 7d avg −0.036%
=Together, before fees−0.349%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 69 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] | 0.3625 | L +0.0417% / S −0.0177% | pay 0.0052% / 1h | 58m 14s | $212K | — | 100x |
| Short | GRVT CRV_USDT_Perp | 0.3624 | 0.0100 | get 0.0100% / 8h | 3h 58m | $512K | $451K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$66.51
- Price spread: −0.026% → −0.036%
- $1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$86.51
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 60 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 GRVT live order book, 60 min ago | 13.83 bp | 64.4 bp −$64 | 194.4 bp −$1,944 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3624 | −0.018% | $16 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0005% | 1h | 0.3627 | +0.065% | $97K | $299K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3628 | +0.091% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3633 | +0.228% | $26K | $167K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3625 | −0.001% | $55K | $47K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.240% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3626 | +0.026% | $383K | $698K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3625 | −0.001% | $24K | $902 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3629 | +0.096% | $129K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3627 | +0.053% | $368K | $198K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3626 | +0.026% | $24.9M | $54.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3626 | +0.026% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3628 | +0.081% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3628 | +0.081% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3626 | +0.026% | $13.5M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3629 | +0.109% | $6.1M | $8.6M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3627 | +0.054% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3627 | +0.054% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3629 | +0.105% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3628 | +0.083% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perpshort | +0.0100% | 8h | 0.3624 | −0.026% | $512K | $451K | 10x | |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3622 | −0.084% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3687 | +1.709% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3623 | −0.056% | $237K | $473K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3625 | +0.007% | $13K | $6K | 3x | as long as short |
| Hyperliquid CRV | +0.0153% | 1h | 0.3631 | +0.175% | $21.9M | $14.9M | 10x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3627 | +0.054% | $1.4M | $4.1M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0417% / S −0.0177% | 1h | 0.3625 | long leg | $212K | — | 100x | |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3635 | +0.274% | $381K | $4.0M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0725% | 1h | 0.3631 | +0.156% | $3.1M | $2.6M | 50x | as long as short |
GMX CRV/USD [ETH-USDC]
GRVT CRV_USDT_Perp
Backpack CRV_USDC_PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Aster CRVUSDT
Pacifica CRV
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
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Hyperliquid CRV
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD