Funding you earn now, next payment 11:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.011%
Price spread now: GMX against OKX−0.137%7-day average +0.068% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.328%+$33 · spread now −0.137%, 7d avg +0.068%
=Funding pays, the price is against you. GMX is 0.205% cheaper against OKX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.068%). If the spread goes back, that is −$21 on $10k: about 8.8 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 | OKX CRV-USDT-SWAP | 0.3558 | 0.0100 | pay 0.0100% / 8h | 5h 30m | $8.5M | $18.5M | 50x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3553 | L +0.0413% / S −0.0178% | get 0.0022% / 1h | 30m 53s | $208K | — | 100x |
OKX CRV-USDT-SWAP
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against OKX. 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
- $16.37
- Price spread: −0.137% → +0.068%
- −$20.54
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$26.17
- Costs to cover
- 0.220%
- Break-even
- 18.2 days
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.41 bp | 15.4 bp −$15 | 44.5 bp −$445 | 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 exchanges
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 | −0.0150% | 1h | 0.3555 | −0.073% | $92K | $215K | 10x | as long as short |
| Variational Omni CRV | −0.0125% | 8h | 0.3552 | −0.180% | $1.1M | $132K | — | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3550 | −0.235% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3534 | −0.669% | $25K | $171K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3548 | −0.277% | $40K | $13K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3554 | −0.112% | $54K | $45K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.148% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3553 | −0.155% | $377K | $604K | 10x | as long as short |
| Bybit CRVUSDT | +0.0099% | 8h | 0.3556 | −0.056% | $26.6M | $18.0M | 75x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3556 | −0.066% | $138K | $129K | 10x | as long as short |
Backpack CRV_USDC_PERP
Variational Omni CRV
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Lighter CRV
Bybit CRVUSDT
Aster CRVUSDTShow all 30 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3551 | −0.202% | $359K | $191K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3556 | −0.043% | $24.6M | $51.2M | 75x | as long as short |
| OKX CRV-USDT-SWAPlong | +0.0100% | 8h | 0.3558 | long leg | $8.5M | $18.5M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3554 | −0.112% | $1.8M | $1.1M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3551 | −0.197% | $12.1M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3554 | −0.112% | $6.3M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3560 | +0.056% | $6.7M | $4.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3554 | −0.112% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3535 | −0.648% | $36K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3544 | −0.400% | $503K | $377K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3549 | −0.253% | $51K | $659K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3554 | −0.112% | $24K | $850 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3640 | +2.305% | $1K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3552 | −0.172% | $250K | $524K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3553 | −0.136% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3551 | −0.197% | $1.3M | $3.5M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0392% | 1h | 0.3551 | −0.197% | $354K | $3.9M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0413% / S −0.0178% | 1h | 0.3553 | −0.137% | $208K | — | 100x | |
| Hyperliquid CRV | +0.0449% | 1h | 0.3565 | +0.197% | $21.2M | $15.9M | 10x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0663% | 1h | 0.3557 | −0.036% | $3.0M | $2.1M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
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
Hyperliquid CRV
Kraken Futures PF_CRVUSD