Funding you earn now, next payment 04:00 UTC+0.0081%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.004%
Price spread now: GMX against Lighter−0.036%7-day average +0.028% · 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)+0.102%+$10 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.036%, 7d avg +0.028%
=Together, before fees+0.168%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.064% cheaper against Lighter than usual: you would sell low and buy high (spread −0.036% now, against its 7-day average of +0.028%). If the spread goes back, that is −$6 on $10k: about 2.6 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CRV | 0.3606 | 0.0096 | pay 0.0012% / 1h | 45m 24s | $381K | $703K | 10x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3604 | L +0.0416% / S −0.0177% | get 0.0022% / 1h | 45m 24s | $211K | — | 100x |
Lighter CRV
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Lighter. 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
- $16.97
- Price spread: −0.036% → +0.028%
- −$6.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$1.42
- Costs to cover
- 0.120%
- Break-even
- 7.6 days
Slippage unknown: Lighter: live order book, 9 min ago; GMX: 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 Lighter live order book, 9 min ago | 3.32 bp | 9.1 bp −$9 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0125% | 1h | 0.3608 | +0.061% | $99K | $296K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3604 | −0.034% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3605 | −0.023% | $37K | $7K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3606 | +0.008% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0027% | 1h | 0.3605 | −0.017% | $55K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.786% | $79 | $384K | 12x | as long as short |
| Lighter CRVlong | +0.0096% | 1h | 0.3606 | long leg | $381K | $703K | 10x | |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3605 | −0.017% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3610 | +0.122% | $21.9M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3608 | +0.066% | $128K | $179K | 10x | as long as short |
Backpack CRV_USDC_PERP
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3606 | +0.019% | $366K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3605 | −0.022% | $24.9M | $53.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3602 | −0.100% | $27.3M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3605 | −0.017% | $8.7M | $20.1M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3604 | −0.044% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3606 | +0.011% | $14.0M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3605 | −0.017% | $6.2M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3607 | +0.039% | $6.7M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3605 | −0.017% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3603 | −0.077% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3597 | −0.228% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3600 | −0.156% | $507K | $433K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3599 | −0.183% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3648 | +1.176% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3605 | −0.015% | $235K | $476K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3606 | +0.021% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3595 | −0.294% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3611 | +0.150% | $376K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0416% / S −0.0177% | 1h | 0.3604 | −0.036% | $211K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0701% | 1h | 0.3610 | +0.124% | $3.0M | $2.5M | 50x | as long as short |
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
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