Funding you earn now, next payment 03:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.007%
Price spread now: GMX against BingX−0.056%7-day average +0.070% · 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)+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)+0.175%+$18 · spread now −0.056%, 7d avg +0.070%
=Funding pays, the price is against you. GMX is 0.126% cheaper against BingX than usual: you would sell low and buy high (spread −0.056% now, against its 7-day average of +0.070%). If the spread goes back, that is −$13 on $10k: about 4.8 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX CRV-USDT | 0.3665 | 0.0100 | pay 0.0100% / 8h | 5h 54m | — | $23.6M | — |
| Short | GMX CRV/USD [ETH-USDC] | 0.3663 | L +0.0435% / S −0.0188% | get 0.0024% / 1h | 54m 20s | $221K | — | 100x |
BingX CRV-USDT
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BingX. 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
- $18.53
- Price spread: −0.056% → +0.070%
- −$12.59
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$16.05
- Costs to cover
- 0.220%
- Break-even
- 13.1 days
Slippage unknown: BingX: live order book, 14 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 BingX live order book, 14 min ago | 4.11 bp | 15.3 bp −$15 | 27.7 bp −$277 | 82.7 bp −$8,267 | 307.5 bp −$153.8K |
| 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 29 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0154% | 1h | 0.3650 | −0.409% | $53K | $688K | 50x | as long as short |
| Phoenix CRV | −0.0066% | 1h | 0.3675 | +0.273% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3662 | −0.071% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0023% | 1h | 0.3664 | −0.027% | $56K | $49K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3663 | −0.061% | $38K | $7K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.136% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3664 | −0.027% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3661 | −0.112% | $385K | $703K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3664 | −0.027% | $22.3M | $15.0M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3664 | −0.034% | $130K | $180K | 10x | as long as short |
ApeX Omni CRVUSDT
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3660 | −0.123% | $371K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3662 | −0.082% | $25.3M | $54.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3662 | −0.082% | $27.8M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3664 | −0.027% | $8.8M | $20.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3664 | −0.027% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3664 | −0.027% | $14.7M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3662 | −0.082% | $6.3M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3665 | 0.000% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDTlong | +0.0100% | 8h | 0.3665 | long leg | — | $23.6M | — | |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3668 | +0.074% | $97K | $268K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3686 | +0.570% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3653 | −0.321% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3657 | −0.214% | $515K | $416K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3708 | +1.173% | $2K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3663 | −0.051% | $243K | $474K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3664 | −0.027% | $13K | $6K | 3x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3667 | +0.055% | $385K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0370% | 1h | 0.3670 | +0.125% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0435% / S −0.0188% | 1h | 0.3663 | −0.056% | $221K | — | 100x |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
Backpack CRV_USDC_PERP
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD