Funding you earn now, next payment 00:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.106%
Price spread now: KuCoin against GMX+0.023%7-day average −0.012% · 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)−0.438%−$44 on $10k
+Price spread, last 3 days (all we have)−0.073%−$7 · spread now +0.023%, 7d avg −0.012%
=The price spread pays, funding is against you. KuCoin is 0.034% dearer against GMX than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.012%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3685 | L +0.0454% / S −0.0195% | pay 0.0057% / 1h | 35m 50s | $239K | — | 100x |
| Short | KuCoin CRVUSDTM | 0.3686 | 0.0100 | get 0.0100% / 8h | 35m 50s | $7.4M | $9.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$74.34
- Price spread: +0.023% → −0.012%
- $3.44
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$94.9
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; KuCoin: live order book, 2 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 KuCoin live order book, 2 min ago | 2.70 bp | 47.0 bp −$47 | 115.7 bp −$1,157 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CRV_USDC-PERPETUAL | −0.0293% | 1h | 0.3683 | −0.059% | $57K | $49K | 25x | as long as short |
| Injective CRV/USDC PERP | −0.0146% | 1h | 0.3670 | −0.412% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3700 | +0.413% | $26K | $176K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3682 | −0.084% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3687 | +0.042% | $38K | $5K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3685 | −0.005% | $25K | $929 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3685 | −0.005% | $417K | $731K | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3685 | −0.008% | $132K | $186K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3685 | +0.008% | $374K | $205K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3682 | −0.086% | $25.9M | $56.4M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | +0.0100% | 8h | 0.3681 | −0.113% | $28.1M | $17.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3680 | −0.140% | $8.8M | $21.6M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3683 | −0.059% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3681 | −0.113% | $14.5M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTMshort | +0.0100% | 8h | 0.3686 | +0.023% | $7.4M | $9.1M | 50x | |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3684 | −0.032% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3681 | −0.113% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3683 | −0.057% | $1.1M | $110K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3695 | +0.279% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3699 | +0.377% | $523K | $428K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3696 | +0.294% | $61K | $697K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3696 | +0.294% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3680 | −0.144% | $245K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3684 | −0.025% | $19K | $9K | 3x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0155% | 1h | 0.3687 | +0.063% | $3.1M | $3.0M | 50x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3690 | +0.131% | $1.4M | $4.4M | 75x | as long as short |
| Hyperliquid CRV | +0.0354% | 1h | 0.3687 | +0.039% | $22.9M | $16.5M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3687 | +0.050% | $390K | $4.7M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0454% / S −0.0195% | 1h | 0.3685 | long leg | $239K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0695% | 1h | 0.3687 | +0.052% | $107K | $305K | 10x | as long as short |
GMX CRV/USD [ETH-USDC]
KuCoin CRVUSDTM
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Phoenix CRV
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Kraken Futures PF_CRVUSD
BloFin CRV-USDT
Hyperliquid CRV
Coinbase International CRV-PERP-INTX
Backpack CRV_USDC_PERP