Funding you earn now, next payment 09:00 UTC−0.0313%/8h= −34.3% APRpaid last 24h −0.100%
Price spread now: Bitget against GMX+0.009%7-day average −0.025% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.419%−$42 on $10k
+Price spread, last 4 days (all we have)−0.389%−$39 · spread now +0.009%, 7d avg −0.025%
=The price spread pays, funding is against you. Bitget is 0.033% dearer against GMX than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.025%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3561 | L +0.0413% / S −0.0177% | pay 0.0052% / 1h | 33m 20s | $208K | — | 100x |
| Short | Bitget CRVUSDT | 0.3561 | 0.0100 | get 0.0100% / 8h | 7h 33m | $6.7M | $5.4M | 75x |
GMX CRV/USD [ETH-USDC]
Bitget CRVUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GMX. 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
- −$65.8
- Price spread: +0.009% → −0.025%
- $3.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.45
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Bitget: live order book, 5 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 5 min ago | 4.19 bp | 17.9 bp −$18 | 25.2 bp −$252 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.0365% | 8h | 0.3556 | −0.132% | $26.8M | $19.7M | 75x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3565 | +0.133% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0033% | 1h | 0.3571 | +0.287% | $93K | $256K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0031% | 1h | 0.3560 | −0.019% | $53K | $46K | 25x | as long as short |
| Variational Omni CRV | −0.0024% | 8h | 0.3567 | +0.175% | $1.1M | $94K | — | as long as short |
| Phoenix CRV | −0.0022% | 1h | 0.3570 | +0.264% | $25K | $190K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3565 | +0.114% | $40K | $13K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.070% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3558 | −0.064% | $374K | $682K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3564 | +0.101% | $20.9M | $16.8M | 10x | as long as short |
Bybit CRVUSDT
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
Variational Omni CRV
Phoenix CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Lighter CRV
Hyperliquid CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CRVUSDT | +0.0100% | 8h | 0.3563 | +0.055% | $114K | $193K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3560 | −0.019% | $359K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3559 | −0.047% | $24.6M | $57.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3559 | −0.047% | $8.6M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3560 | −0.019% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3559 | −0.047% | $12.3M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3561 | +0.009% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDTshort | +0.0100% | 8h | 0.3561 | +0.009% | $6.7M | $5.4M | 75x | |
| BingX CRV-USDC | +0.0100% | 8h | 0.3560 | −0.019% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3568 | +0.219% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3570 | +0.261% | $508K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3578 | +0.486% | $52K | $661K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3560 | −0.019% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3637 | +2.143% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3559 | −0.038% | $254K | $511K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3563 | +0.072% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3559 | −0.047% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0408% | 1h | 0.3568 | +0.205% | $356K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0413% / S −0.0177% | 1h | 0.3561 | long leg | $208K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0671% | 1h | 0.3564 | +0.091% | $3.0M | $2.8M | 50x | as long as short |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
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
Kraken Futures PF_CRVUSD