Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.009%
Price spread now: GMX against Gate+0.163%7-day average +0.029% · 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)+0.098%+$10 on $10k
+Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.163%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GMX is 0.133% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CRV_USDT | 0.3670 | 0.0100 | pay 0.0100% / 8h | 7h 55m | $1.9M | $1.3M | 50x |
| Short | GMX CRV/USD [ETH-USDC] | 0.3676 | L +0.0446% / S −0.0192% | get 0.0024% / 1h | 55m 31s | $233K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Gate. 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
- $19.4
- Price spread: +0.163% → +0.029%
- $13.35
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $5.74
- Costs to cover
- 0.270%
- Break-even
- 4.9 days
Slippage unknown: Gate: 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 Gate live order book, 2 min ago | 4.09 bp | 32.2 bp −$32 | 136.9 bp −$1,369 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CRVUSDT | −0.0266% | 1h | 0.3669 | −0.027% | $60K | $694K | 50x | as long as short |
| Phoenix CRV | −0.0108% | 1h | 0.3678 | +0.213% | $26K | $168K | 10x | as long as short |
| Reya CRVRUSDPERP | −0.0049% | 1h | 0.3665 | −0.136% | $16 | — | 15x | as long as short |
| Deribit CRV_USDC-PERPETUAL | −0.0022% | 1h | 0.3678 | +0.218% | $57K | $50K | 25x | as long as short |
| dYdX CRV-USD | 0.0000% | 1h | 0.3669 | −0.035% | $38K | $5K | 10x | as long as short |
| Injective CRV/USDC PERP | +0.0033% | 1h | 0.3670 | 0.000% | $79 | $384K | 12x | as long as short |
| Kraken Futures PF_CRVUSD | +0.0088% | 1h | 0.3684 | +0.380% | $3.1M | $2.9M | 50x | as long as short |
| Lighter CRV | +0.0096% | 1h | 0.3673 | +0.087% | $412K | $721K | 10x | as long as short |
| Orderly PERP_CRV_USDC | +0.0096% | 8h | 0.3678 | +0.218% | $25K | $929 | 10x | as long as short |
| Aster CRVUSDT | +0.0100% | 8h | 0.3670 | +0.004% | $130K | $184K | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica CRV | +0.0100% | 1h | 0.3669 | −0.018% | $370K | $208K | 10x | as long as short |
| Binance CRVUSDT | +0.0100% | 8h | 0.3667 | −0.087% | $25.7M | $56.0M | 75x | as long as short |
| Bybit CRVUSDT | +0.0100% | 8h | 0.3667 | −0.082% | $27.8M | $17.3M | 75x | as long as short |
| OKX CRV-USDT-SWAP | +0.0100% | 8h | 0.3664 | −0.163% | $8.8M | $21.5M | 50x | as long as short |
| Gate CRV_USDTlong | +0.0100% | 8h | 0.3670 | long leg | $1.9M | $1.3M | 50x | |
| MEXC CRV_USDT | +0.0100% | 8h | 0.3669 | −0.027% | $15.2M | $5.2M | 125x | as long as short |
| KuCoin CRVUSDTM | +0.0100% | 8h | 0.3672 | +0.054% | $7.4M | $9.1M | 50x | as long as short |
| Bitget CRVUSDT | +0.0100% | 8h | 0.3669 | −0.027% | $6.9M | $5.6M | 75x | as long as short |
| BingX CRV-USDC | +0.0100% | 8h | 0.3667 | −0.082% | — | $1.7M | — | as long as short |
| Variational Omni CRV | +0.0100% | 8h | 0.3677 | +0.191% | $1.1M | $111K | — | as long as short |
| edgeX CRVUSDC | +0.0100% | 4h | 0.3668 | −0.046% | $38K | $172K | 20x | as long as short |
| GRVT CRV_USDT_Perp | +0.0100% | 8h | 0.3661 | −0.238% | $512K | $419K | 10x | as long as short |
| SunX CRV-USDT | +0.0100% | 8h | 0.3701 | +0.845% | $1K | $1.3M | 20x | as long as short |
| Extended CRV-USD | +0.0104% | 1h | 0.3666 | −0.114% | $244K | $883K | 25x | as long as short |
| Aevo CRV-PERP | +0.0104% | 1h | 0.3680 | +0.259% | $19K | — | 3x | as long as short |
| BloFin CRV-USDT | +0.0220% | 8h | 0.3663 | −0.191% | $1.4M | $4.4M | 75x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.0384% | 1h | 0.3680 | +0.272% | $385K | $4.7M | 50x | as long as short |
| Hyperliquid CRV | +0.0388% | 1h | 0.3678 | +0.223% | $22.8M | $16.5M | 10x | as long as short |
| GMX CRV/USD [ETH-USDC]short | L +0.0446% / S −0.0192% | 1h | 0.3676 | +0.163% | $233K | — | 100x | |
| Backpack CRV_USDC_PERP | +0.0827% | 1h | 0.3682 | +0.335% | $105K | $280K | 10x | as long as short |
Gate CRV_USDT
GMX CRV/USD [ETH-USDC]
ApeX Omni CRVUSDT
Phoenix CRV
Deribit CRV_USDC-PERPETUAL
Injective CRV/USDC PERP
Kraken Futures PF_CRVUSD
Lighter CRV
Aster CRVUSDT
Pacifica CRV
Binance CRVUSDT
Bybit CRVUSDT
OKX CRV-USDT-SWAP
MEXC CRV_USDT
KuCoin CRVUSDTM
Bitget CRVUSDT
BingX CRV-USDC
Variational Omni CRV
edgeX CRVUSDC
GRVT CRV_USDT_Perp
SunX CRV-USDT
Extended CRV-USD
BloFin CRV-USDT
Coinbase International CRV-PERP-INTX
Hyperliquid CRV
Backpack CRV_USDC_PERP