Funding you earn now, next payment 03:00 UTC+0.0078%/8h= +8.5% APRpaid last 24h +0.007%
Price spread now: GMX against Binance+0.019%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)+0.126%+$13 on $10k
+Price spread, last 4 days (all we have)+0.391%+$39 · spread now +0.019%, 7d avg +0.072%
=Funding pays, the price is against you. GMX is 0.053% cheaper against Binance than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.072%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CRVUSDT | 0.3643 | 0.0100 | pay 0.0100% / 8h | 5h 07m | $25.2M | $53.6M | 75x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3644 | L +0.0418% / S −0.0178% | get 0.0022% / 1h | 7m 06s | $212K | — | 100x |
Binance CRVUSDT
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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: +0.019% → +0.072%
- −$5.3
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$10.93
- Costs to cover
- 0.220%
- Break-even
- 11.7 days
Slippage unknown: Binance: live order book, 5 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 Binance live order book, 5 min ago | 1.36 bp | 13.4 bp −$13 | 25.4 bp −$254 | 114.7 bp −$11.5K | 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 | +0.313% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3640 | −0.073% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0024% | 1h | 0.3642 | −0.027% | $55K | $48K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3647 | +0.104% | $38K | $7K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +0.741% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3642 | −0.030% | $383K | $709K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0097% | 8h | 0.3644 | +0.027% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3647 | +0.102% | $22.1M | $14.8M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3646 | +0.076% | $130K | $180K | 10x | as long as short |
| Pacifica CRV | +0.0100% | 1h | 0.3648 | +0.146% | $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 CRVUSDTlong | +0.0100% | 8h | 0.3643 | long leg | $25.2M | $53.6M | 75x | |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3641 | −0.055% | $27.6M | $17.6M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3641 | −0.055% | $8.8M | $20.3M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3643 | 0.000% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3641 | −0.055% | $14.4M | $5.4M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3643 | 0.000% | $6.3M | $8.7M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3643 | 0.000% | $6.8M | $5.1M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3641 | −0.055% | — | $1.6M | — | as long as short |
| Backpack CRV_USDC_PERP | +0.0100% | 1h | 0.3644 | +0.027% | $100K | $296K | 10x | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3668 | +0.680% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3657 | +0.386% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3660 | +0.455% | $516K | $443K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3655 | +0.329% | $53K | $684K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3667 | +0.659% | $2K | $1.2M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3640 | −0.082% | $239K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3643 | +0.008% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3644 | +0.027% | $1.4M | $3.9M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0344% | 1h | 0.3652 | +0.247% | $381K | $4.1M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0372% | 1h | 0.3647 | +0.103% | $3.1M | $2.5M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0418% / S −0.0178% | 1h | 0.3644 | +0.019% | $212K | — | 100x |
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Backpack CRV_USDC_PERP
Variational Omni CRV
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