Funding you earn now, next payment 06:00 UTC−0.0316%/8h= −34.6% APRpaid last 24h −0.093%
Price spread now: MEXC against GMX+0.027%7-day average −0.067% · 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)−0.422%−$42 on $10k
+Price spread, last 4 days (all we have)−0.189%−$19 · spread now +0.027%, 7d avg −0.067%
=The price spread pays, funding is against you. MEXC is 0.094% dearer against GMX than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.067%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 24 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3595 | L +0.0416% / S −0.0177% | pay 0.0052% / 1h | 54m 43s | $210K | — | 100x |
| Short | MEXC CRV_USDT | 0.3596 | 0.0100 | get 0.0100% / 8h | 2h 54m | $12.9M | $5.6M | 125x |
GMX CRV/USD [ETH-USDC]
MEXC CRV_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$66.29
- Price spread: +0.027% → −0.067%
- $9.37
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$72.92
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; MEXC: 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 MEXC live order book, 4 min ago | 1.39 bp | 8.3 bp −$8 | 29.5 bp −$295 | 107.3 bp −$10.7K | 139.2 bp −$69.6K |
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 | 0.3594 | −0.031% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3597 | +0.066% | $37K | $8K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3600 | +0.138% | $54K | $46K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.085% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0044% | 1h | 0.3605 | +0.291% | $26K | $177K | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3595 | +0.002% | $382K | $694K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3599 | +0.097% | $21.4M | $15.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3598 | +0.074% | $128K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3595 | +0.011% | $365K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3595 | +0.004% | $24.8M | $55.8M | 75x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Hyperliquid CRV
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 | 0.3594 | −0.029% | $27.3M | $18.0M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3595 | −0.001% | $8.7M | $19.8M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3600 | +0.138% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTshort | +0.0100% | 8h | 0.3596 | +0.027% | $12.9M | $5.6M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3597 | +0.055% | $6.0M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3598 | +0.083% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3599 | +0.110% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3601 | +0.160% | $95K | $260K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3597 | +0.051% | $1.1M | $94K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3598 | +0.076% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3603 | +0.216% | $506K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3603 | +0.222% | $54K | $682K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3598 | +0.083% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3652 | +1.585% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3598 | +0.083% | $253K | $494K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3599 | +0.110% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3596 | +0.027% | $1.4M | $4.0M | 75x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0416% / S −0.0177% | 1h | 0.3595 | long leg | $210K | — | 100x | |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3611 | +0.444% | $359K | $4.2M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0675% | 1h | 0.3602 | +0.203% | $3.0M | $2.6M | 50x | as long as short |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
Orderly PERP_CRV_USDC
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD