Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.003%
Price spread now: GMX against MEXC+0.002%7-day average +0.068% · 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)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now +0.002%, 7d avg +0.068%
=Funding pays, the price is against you. GMX is 0.067% cheaper against MEXC than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.068%). If the spread goes back, that is −$7 on $10k: about 2.9 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 | MEXC CRV_USDT | 0.3605 | 0.0100 | pay 0.0100% / 8h | 4h 42m | $14.0M | $5.3M | 125x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3605 | L +0.0416% / S −0.0177% | get 0.0022% / 1h | 42m 57s | $211K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- $16.13
- Price spread: +0.002% → +0.068%
- −$6.68
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$6.55
- Costs to cover
- 0.160%
- Break-even
- 9.8 days
Slippage unknown: MEXC: live order book, just now; 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 MEXC live order book, just now | 1.39 bp | 8.7 bp −$9 | 17.7 bp −$177 | 71.4 bp −$7,140 | 118.6 bp −$59.3K |
| 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 | −0.0080% | 1h | 0.3608 | +0.069% | $99K | $296K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3604 | −0.031% | $15 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3615 | +0.273% | $37K | $7K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3606 | +0.025% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3605 | 0.000% | $55K | $48K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.803% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3605 | +0.006% | $381K | $704K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3606 | +0.028% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3611 | +0.158% | $21.9M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3611 | +0.166% | $129K | $179K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3616 | +0.311% | $367K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3605 | 0.000% | $24.9M | $53.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3604 | −0.028% | $27.3M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3605 | 0.000% | $8.6M | $20.2M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3609 | +0.111% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTlong | +0.0100% | 8h | 0.3605 | long leg | $14.0M | $5.3M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3607 | +0.055% | $6.2M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3608 | +0.083% | $6.7M | $5.2M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3605 | 0.000% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3603 | −0.060% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3597 | −0.211% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3610 | +0.136% | $509K | $433K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3606 | +0.028% | $52K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3647 | +1.165% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3604 | −0.025% | $236K | $476K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3604 | −0.019% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3611 | +0.166% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3611 | +0.166% | $376K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0416% / S −0.0177% | 1h | 0.3605 | +0.002% | $211K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0701% | 1h | 0.3609 | +0.110% | $3.0M | $2.5M | 50x | as long as short |
MEXC CRV_USDT
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERP
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate 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
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD