Funding you earn now, next payment 08:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.024%
Price spread now: GMX against Injective−3.022%7-day average +0.102% · 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)+0.159%+$16 on $10k
+Price spread, last 4 days (all we have)+3.348%+$335 · spread now −3.022%, 7d avg +0.102%
=Funding pays, the price is against you. GMX is 3.124% cheaper against Injective than usual: you would sell low and buy high (spread −3.022% now, against its 7-day average of +0.102%). If the spread goes back, that is −$312 on $10k: about 2 months of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRV/USDC PERP | 0.3670 | 0.0033 | pay 0.0004% / 1h | 11m 08s | $79 | $384K | 12x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3559 | L +0.0414% / S −0.0177% | get 0.0022% / 1h | 11m 08s | $208K | — | 100x |
Injective CRV/USDC PERP
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $30.15
- Price spread: −3.022% → +0.102%
- −$312.39
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$294.26
- Costs to cover
- 0.120%
- Break-even
- 75.3 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3557 | −3.078% | $15 | — | 15x | as long as short |
| Backpack CRV_USDC_PERP | −0.0041% | 1h | 0.3561 | −2.967% | $93K | $256K | 10x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3563 | −2.915% | $37K | $8K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3559 | −3.030% | $25K | $187K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | 0.0000% | 1h | 0.3557 | −3.079% | $53K | $46K | 25x | as long as short |
| Variational Omni CRV | +0.0013% | 8h | 0.3550 | −3.271% | $1.1M | $94K | — | as long as short |
| Injective CRV/USDC PERPlong | +0.0033% | 1h | 0.3670 | long leg | $79 | $384K | 12x | |
| Lighter CRV | +0.0096% | 1h | 0.3558 | −3.049% | $375K | $698K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3562 | −2.935% | $20.8M | $16.7M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3560 | −2.997% | $114K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Backpack CRV_USDC_PERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
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 | 0.3558 | −3.065% | $359K | $200K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3558 | −3.052% | $24.5M | $57.8M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3554 | −3.161% | $26.8M | $19.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3558 | −3.052% | $8.6M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3561 | −2.970% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3558 | −3.052% | $12.4M | $5.6M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3560 | −2.997% | $6.8M | $8.5M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3560 | −2.997% | $6.7M | $5.4M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3558 | −3.052% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3553 | −3.192% | $37K | $175K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3557 | −3.079% | $495K | $419K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3560 | −2.997% | $52K | $669K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3558 | −3.052% | $24K | $928 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3642 | −0.763% | $1K | $1.3M | 20x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3557 | −3.079% | $13K | $6K | 3x | as long as short |
| Extended CRV-USD | +0.0160% | 1h | 0.3556 | −3.102% | $250K | $515K | 25x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3560 | −2.997% | $1.3M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0400% | 1h | 0.3564 | −2.888% | $358K | $4.3M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0414% / S −0.0177% | 1h | 0.3559 | −3.022% | $208K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0746% | 1h | 0.3562 | −2.945% | $3.0M | $2.8M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
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