Funding you earn now, next payment 03:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.024%
Price spread now: GMX against Variational Omni−0.657%7-day average +0.104% · 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)+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)+0.632%+$63 · spread now −0.657%, 7d avg +0.104%
=Together, before fees+0.840%+ Points / potential airdropVariational Omni: Active · farm board+$84 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.761% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.657% now, against its 7-day average of +0.104%). If the spread goes back, that is −$76 on $10k: about 33 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.208% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CRV | 0.3668 | 0.0100 | pay 0.0100% / 8h | 5h 06m | $1.1M | $102K | — |
| Short | GMX CRV/USD [ETH-USDC] | 0.3644 | L +0.0418% / S −0.0178% | get 0.0022% / 1h | 6m 53s | $212K | — | 100x |
Variational Omni CRV
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- $16.37
- Price spread: −0.657% → +0.104%
- −$76.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$71.74
- Costs to cover
- 0.120%
- Break-even
- 37.7 days
Slippage unknown: Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 5.48 bp | doesn't fit | 30.2 bp −$302 | doesn't fit | doesn't fit |
| 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 | −0.0065% | 1h | 0.3654 | −0.365% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3640 | −0.748% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3642 | −0.703% | $55K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3647 | −0.573% | $38K | $7K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.060% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3640 | −0.755% | $383K | $709K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3644 | −0.648% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3646 | −0.591% | $22.1M | $14.8M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3644 | −0.639% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3648 | −0.530% | $370K | $198K | 10x | as long as short |
Phoenix CRV
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
Hyperliquid CRV
Aster CRVUSDT
Pacifica CRVShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CRVUSDT | +0.0100% | 8h | 0.3641 | −0.730% | $25.2M | $53.6M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3640 | −0.758% | $27.6M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3640 | −0.758% | $8.8M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3643 | −0.676% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3641 | −0.730% | $14.4M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3642 | −0.703% | $6.3M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3643 | −0.676% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3642 | −0.703% | — | $23.5M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3644 | −0.648% | $100K | $296K | 10x | as long as short |
| Variational Omni CRVlong | +0.0100% | 8h | 0.3668 | long leg | $1.1M | $102K | — | |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3657 | −0.293% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | −0.224% | $516K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3655 | −0.349% | $53K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | −0.021% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3639 | −0.797% | $239K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3643 | −0.668% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3644 | −0.648% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3652 | −0.430% | $381K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0372% | 1h | 0.3647 | −0.573% | $3.1M | $2.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0418% / S −0.0178% | 1h | 0.3644 | −0.657% | $212K | — | 100x |
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDT
Backpack CRV_USDC_PERP
edgeX CRVUSDC
GRVT CRV_USDT_Perp
ApeX Omni CRVUSDT
SunX CRV-USDT
Extended CRV-USD
Aevo CRV-PERP
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD