Funding you earn now, next payment 08:00 UTC−0.0313%/8h= −34.2% APRpaid last 24h −0.089%
Price spread now: OKX against GMX+0.004%7-day average −0.078% · 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)−0.433%−$43 on $10k
+Price spread, last 4 days (all we have)−0.143%−$14 · spread now +0.004%, 7d avg −0.078%
=The price spread pays, funding is against you. OKX is 0.081% dearer against GMX than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.078%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 21 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3553 | L +0.0413% / S −0.0177% | pay 0.0052% / 1h | 58m 08s | $208K | — | 100x |
| Short | OKX CRV-USDT-SWAP | 0.3553 | 0.0100 | get 0.0100% / 8h | 58m 08s | $8.6M | $20.3M | 50x |
GMX CRV/USD [ETH-USDC]
OKX CRV-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$65.66
- Price spread: +0.004% → −0.078%
- $8.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$79.51
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; OKX: 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 OKX live order book, 5 min ago | 1.40 bp | 16.0 bp −$16 | 45.6 bp −$456 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack CRV_USDC_PERP | −0.0488% | 1h | 0.3554 | +0.043% | $97K | $216K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0313% | 1h | 0.3552 | −0.024% | $53K | $46K | 25x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3550 | −0.083% | $15 | — | 15x | as long as short |
| Phoenix CRV | −0.0045% | 1h | 0.3564 | +0.322% | $25K | $187K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3557 | +0.106% | $37K | $8K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +3.297% | $79 | $384K | 12x | as long as short |
| Variational Omni CRV | +0.0039% | 8h | 0.3557 | +0.113% | $1.1M | $94K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3552 | −0.036% | $373K | $686K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3555 | +0.057% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3554 | +0.030% | $114K | $193K | 10x | as long as short |
Backpack CRV_USDC_PERP
Deribit CRV_USDC-PERPETUAL
Reya CRVRUSDPERP
Phoenix CRV
dYdX CRV-USD
Injective CRV/USDC PERP
Variational Omni CRV
Lighter CRV
Hyperliquid CRV
Aster CRVUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3555 | +0.061% | $361K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3551 | −0.053% | $24.5M | $57.4M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3548 | −0.137% | $26.8M | $19.6M | 75x | as long as short |
| OKX CRV-USDT-SWAPshort | +0.0100% | 8h | 0.3553 | +0.004% | $8.6M | $20.3M | 50x | |
| Gate CRV_USDT | +0.0100% | 8h | 0.3552 | −0.024% | $1.8M | $1.2M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3554 | +0.032% | $12.2M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3554 | +0.032% | $6.4M | $8.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3553 | +0.004% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3551 | −0.053% | — | $1.6M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3561 | +0.218% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3568 | +0.431% | $505K | $422K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3564 | +0.313% | $53K | $674K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3553 | +0.004% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3624 | +2.002% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3552 | −0.024% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0168% | 1h | 0.3552 | −0.031% | $250K | $514K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3562 | +0.257% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0400% | 1h | 0.3594 | +1.158% | $351K | $4.4M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]long | L +0.0413% / S −0.0177% | 1h | 0.3553 | long leg | $208K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0747% | 1h | 0.3556 | +0.096% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit 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
Aevo CRV-PERP
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD