Funding you earn now, next payment 03:00 UTC+0.0107%/8h= +11.8% APRpaid last 24h +0.007%
Price spread now: GMX against Gate−0.736%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)+0.092%+$9 on $10k
+Price spread, last 3 days (all we have)+0.807%+$81 · spread now −0.736%, 7d avg +0.028%
=Funding pays, the price is against you. GMX is 0.764% cheaper against Gate than usual: you would sell low and buy high (spread −0.736% now, against its 7-day average of +0.028%). If the spread goes back, that is −$76 on $10k: about 24 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 | Gate CRV_USDT | 0.3683 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $1.9M | $1.3M | 50x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3656 | L +0.0461% / S −0.0207% | get 0.0026% / 1h | 56m 29s | $233K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $22.56
- Price spread: −0.736% → +0.028%
- −$76.41
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$80.85
- Costs to cover
- 0.270%
- Break-even
- 32.1 days
Slippage unknown: Gate: 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 Gate live order book, 1 min ago | 4.11 bp | 21.3 bp −$21 | 119.1 bp −$1,191 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0066% | 1h | 0.3675 | −0.217% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3686 | +0.079% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3683 | −0.009% | $38K | $7K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3656 | −0.733% | $56K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | −0.353% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3655 | −0.760% | $24K | $902 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3679 | −0.109% | $387K | $703K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3692 | +0.234% | $22.5M | $15.1M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3672 | −0.306% | $131K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3681 | −0.049% | $374K | $198K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3688 | +0.136% | $25.5M | $54.3M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3683 | 0.000% | $28.0M | $17.5M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3686 | +0.081% | $8.9M | $20.7M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3683 | long leg | $1.9M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3685 | +0.054% | $14.8M | $5.3M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3688 | +0.136% | $6.4M | $8.9M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3689 | +0.163% | $6.9M | $5.2M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3688 | +0.136% | — | $1.7M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3662 | −0.562% | $98K | $267K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3667 | −0.438% | $1.1M | $101K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3666 | −0.471% | $38K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3670 | −0.353% | $517K | $416K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3669 | −0.380% | $53K | $689K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3710 | +0.733% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3687 | +0.112% | $243K | $474K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3656 | −0.733% | $13K | $6K | 3x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3666 | −0.462% | $384K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0371% | 1h | 0.3661 | −0.607% | $3.1M | $2.6M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0461% / S −0.0207% | 1h | 0.3656 | −0.736% | $233K | — | 100x |
Gate CRV_USDT
GMX CRV/USD [ETH-USDC]
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
MEXC 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
SunX CRV-USDT
Extended CRV-USD
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD