Funding you earn now, next payment 06:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.033%
Price spread now: GMX against BloFin−0.138%51s7-day average +0.062% · 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)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.138%, 7d avg +0.062%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GMX is 0.201% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.062%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin CRV-USDT | 0.3598 | 0.0220 | pay 0.0220% / 8h | 2h 01m | $1.3M | $3.9M | 75x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3593 | L +0.0415% / S −0.0177% | get 0.0022% / 1h | 1m 38s | $210K | — | 100x |
BloFin CRV-USDT
GMX CRV/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against BloFin. 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
- −$9.05
- Price spread: −0.138% → +0.062%
- −$20.07
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$53.12
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 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 BloFin live order book, 2 min ago | 4.17 bp | 16.7 bp −$17 | 31.2 bp −$312 | 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 | 0.3590 | −0.225% | $15 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0028% | 1h | 0.3592 | −0.167% | $54K | $45K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3600 | +0.059% | $37K | $8K | 10x | as long as short |
| Backpack CRV_USDC_PERP | +0.0021% | 1h | 0.3596 | −0.061% | $94K | $231K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | +2.001% | $79 | $384K | 12x | as long as short |
| Phoenix CRV | +0.0045% | 1h | 0.3610 | +0.334% | $26K | $177K | 10x | as long as short |
| Variational Omni CRV | +0.0078% | 8h | 0.3604 | +0.163% | $1.1M | $95K | — | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3592 | −0.175% | $379K | $712K | 10x | as long as short |
| Hyperliquid CRV | +0.0100% | 1h | 0.3595 | −0.078% | $21.1M | $16.5M | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3592 | −0.176% | $113K | $193K | 10x | as long as short |
Reya CRVRUSDPERP
Deribit CRV_USDC-PERPETUAL
dYdX CRV-USD
Backpack CRV_USDC_PERP
Injective CRV/USDC PERP
Phoenix CRV
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 | 0.3592 | −0.179% | $364K | $198K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3590 | −0.222% | $24.8M | $56.9M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3587 | −0.306% | $27.1M | $19.4M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3591 | −0.195% | $8.7M | $20.5M | 50x | as long as short |
| Gate CRV_USDT | +0.0100% | 8h | 0.3594 | −0.111% | $1.9M | $1.4M | 50x | as long as short |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3590 | −0.222% | $12.6M | $5.7M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3595 | −0.083% | $6.0M | $8.3M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3592 | −0.167% | $6.7M | $5.3M | 75x | as long as short |
| BingX CRV-USDT | +0.0100% | 8h | 0.3590 | −0.222% | — | $23.5M | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3594 | −0.109% | $37K | $174K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3596 | −0.048% | $509K | $445K | 10x | as long as short |
| ApeX Omni CRVUSDT | +0.0100% | 1h | 0.3607 | +0.250% | $53K | $681K | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.0100% | 8h | 0.3593 | −0.139% | $24K | $902 | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3674 | +2.112% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3588 | −0.267% | $253K | $499K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3593 | −0.153% | $13K | $6K | 3x | as long as short |
| BloFin CRV-USDTlong | +0.0220% | 8h | 0.3598 | long leg | $1.3M | $3.9M | 75x | |
| GMX CRV/USD [ETH-USDC]short | L +0.0415% / S −0.0177% | 1h | 0.3593 | −0.138% | $210K | — | 100x | |
| Coinbase International CRV-PERP-INTX | +0.0432% | 1h | 0.3596 | −0.056% | $357K | $4.4M | 50x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0676% | 1h | 0.3596 | −0.056% | $3.0M | $2.7M | 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
Extended CRV-USD
Aevo CRV-PERP
Coinbase International CRV-PERP-INTX
Kraken Futures PF_CRVUSD