Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.007%
Price spread now: GMX against MEXC+0.036%7-day average +0.072% · 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)+0.106%+$11 on $10k
+Price spread, last 3 days (all we have)+0.108%+$11 · spread now +0.036%, 7d avg +0.072%
=Funding pays, the price is against you. GMX is 0.036% cheaper against MEXC than usual: you would sell low and buy high (spread +0.036% now, against its 7-day average of +0.072%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC CRV_USDT | 0.3585 | 0.0100 | pay 0.0100% / 8h | 6h 39m | $14.4M | $5.3M | 125x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3586 | L +0.0449% / S −0.0200% | get 0.0025% / 1h | 39m 20s | $228K | — | 100x |
MEXC CRV_USDT
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against MEXC. 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
- $21.03
- Price spread: +0.036% → +0.072%
- −$3.56
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $1.48
- Costs to cover
- 0.160%
- Break-even
- 6.5 days
Slippage unknown: MEXC: live order book, 4 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 MEXC live order book, 4 min ago | 1.38 bp | 7.6 bp −$8 | 17.0 bp −$170 | 66.3 bp −$6,626 | 116.5 bp −$58.2K |
| 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CRV | −0.0066% | 1h | 0.3602 | +0.466% | $26K | $162K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3585 | −0.008% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0029% | 1h | 0.3585 | 0.000% | $55K | $50K | 25x | as long as short |
| ApeX Omni CRVUSDT | −0.0004% | 1h | 0.3613 | +0.781% | $52K | $699K | 50x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3581 | −0.099% | $37K | $6K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0023% | 1h | 0.3579 | −0.156% | $96K | $302K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.371% | $79 | $384K | 12x | as long as short |
| Orderly PERP_CRV_USDC | +0.0095% | 8h | 0.3587 | +0.056% | $24K | $979 | 10x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3578 | −0.201% | $377K | $709K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3590 | +0.137% | $21.9M | $15.4M | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
ApeX Omni CRVUSDT
dYdX CRV-USD
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Orderly PERP_CRV_USDC
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 | 0.3580 | −0.153% | $127K | $182K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3580 | −0.136% | $361K | $209K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3585 | 0.000% | $24.8M | $56.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3583 | −0.056% | $27.1M | $18.2M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3584 | −0.028% | $8.6M | $20.9M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3584 | −0.028% | $1.8M | $1.3M | 50x | as long as short |
| MEXC CRV_USDTlong | +0.0100% | 8h | 0.3585 | long leg | $14.4M | $5.3M | 125x | |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3585 | 0.000% | $6.2M | $9.2M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3588 | +0.084% | $6.7M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3584 | −0.028% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3586 | +0.026% | $1.1M | $113K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3612 | +0.753% | $37K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3600 | +0.418% | $504K | $427K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3633 | +1.339% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3585 | −0.010% | $235K | $617K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3585 | +0.012% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3634 | +1.367% | $1.4M | $4.1M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0295% | 1h | 0.3589 | +0.125% | $3.0M | $2.8M | 50x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0376% | 1h | 0.3586 | +0.028% | $376K | $4.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0449% / S −0.0200% | 1h | 0.3586 | +0.036% | $228K | — | 100x |
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Kraken Futures PF_CRVUSD
Coinbase International CRV-PERP-INTX