Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h +0.003%
Price spread now: GMX against Bitget−0.050%7-day average +0.031% · 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)+0.094%+$9 on $10k
+Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.050%, 7d avg +0.031%
=Funding pays, the price is against you. GMX is 0.081% cheaper against Bitget than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of +0.031%). If the spread goes back, that is −$8 on $10k: about 3.5 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 | Bitget CRVUSDT | 0.3632 | 0.0100 | pay 0.0100% / 8h | 4h 22m | $6.8M | $5.2M | 75x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3630 | L +0.0417% / S −0.0177% | get 0.0022% / 1h | 22m 17s | $212K | — | 100x |
Bitget CRVUSDT
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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
- $16.13
- Price spread: −0.050% → +0.031%
- −$8.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$15.96
- Costs to cover
- 0.240%
- Break-even
- 13.9 days
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 1.38 bp | 19.3 bp −$19 | 32.1 bp −$321 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya CRVRUSDPERP | −0.0048% | 1h | 0.3630 | −0.058% | $16 | — | 15x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3631 | −0.023% | $37K | $7K | 10x | as long as short |
| Phoenix CRV | 0.0000% | 1h | 0.3630 | −0.047% | $26K | $168K | 10x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.0025% | 1h | 0.3632 | 0.000% | $55K | $48K | 25x | as long as short |
| Backpack CRV_USDC_PERP | +0.0030% | 1h | 0.3634 | +0.050% | $99K | $297K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +1.046% | $79 | $384K | 12x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3631 | −0.036% | $383K | $708K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0099% | 8h | 0.3633 | +0.028% | $24K | $902 | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3635 | +0.088% | $22.0M | $14.8M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3632 | 0.000% | $129K | $180K | 10x | as long as short |
Reya CRVRUSDPERP
dYdX CRV-USD
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Lighter CRV
Orderly PERP_CRV_USDC
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 | 0.3633 | +0.019% | $369K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3631 | −0.015% | $24.9M | $54.5M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3628 | −0.110% | $27.5M | $17.7M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3628 | −0.110% | $8.7M | $20.4M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3633 | +0.028% | $1.9M | $1.3M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3631 | −0.028% | $14.0M | $5.5M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3633 | +0.028% | $6.2M | $8.7M | 50x | as long as short |
| Bitget CRVUSDTlong | +0.0100% | 8h | 0.3632 | long leg | $6.8M | $5.2M | 75x | |
| BingX CRV-USDT | +0.0100% | 8h | 0.3633 | +0.028% | — | $23.5M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3625 | −0.197% | $1.1M | $102K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3630 | −0.053% | $37K | $173K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3630 | −0.063% | $506K | $441K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3630 | −0.055% | $52K | $685K | 50x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3685 | +1.459% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3631 | −0.026% | $238K | $477K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3631 | −0.018% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3631 | −0.028% | $1.4M | $4.0M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3637 | +0.138% | $381K | $4.0M | 50x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0417% / S −0.0177% | 1h | 0.3630 | −0.050% | $212K | — | 100x | |
| Kraken Futures PF_CRVUSD | +0.0696% | 1h | 0.3636 | +0.103% | $3.1M | $2.6M | 50x | as long as short |
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
Gate CRV_USDT
MEXC CRV_USDT
KuCoin CRVUSDTM
BingX CRV-USDT
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