Spread before costs (cost unknown: a leg has no order-book sample)+0.087%
7d average+0.009%if it closes, per $10,000$9funding while held, a day−$13.45
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX CRV/USD [ETH-USDC] | 0.3540 | L +0.0548% / S −0.0195% | pay 0.0069% / 1h | 24m 21s | $314K | — | 100x |
| Short | Backpack CRV_USDC_PERP | 0.3543 | 0.0100 | get 0.0013% / 1h | 24m 21s | $96K | $334K | 10x |
GMX CRV/USD [ETH-USDC]
Backpack CRV_USDC_PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $8.73
- Funding while held
- −$13.45
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$26.72
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Backpack: live order book, 21 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0448%
- Per $10,000 a day
- −$13.45
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 21 min ago | 1.40 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.3538cheapestReya0.3538+0.004%Binance0.3539+0.028%BingX0.3539+0.028%
Bybit
Reya
Binance
BingXGMX0.3540+0.046%
MEXC0.3540+0.057%Deribit0.3540+0.057%Lighter0.3540+0.071%Aevo0.3540+0.071%Extended0.3541+0.076%OKX0.3541+0.085%Orderly0.3541+0.085%dYdX0.3541+0.088%Pacifica0.3542+0.106%Gate0.3542+0.113%Bitget0.3542+0.113%Aster0.3542+0.117%
MEXC
Deribit
Lighter
Aevo
Extended
OKX
Orderly
dYdX
Pacifica
Gate
Bitget
AsterBackpack0.3543+0.133%
KuCoin0.3543+0.141%BloFin0.3543+0.141%Kraken Futures0.3545+0.212%Variational Omni0.3546+0.213%Hyperliquid0.3546+0.218%Coinbase International0.3550+0.339%Phoenix0.3555+0.489%edgeX0.3557+0.545%Injective0.3560+0.622%ApeX Omni0.3561+0.650%SunX0.3622+2.374%
KuCoin
BloFin
Kraken Futures
Variational Omni
Hyperliquid
Coinbase International
Phoenix
Injective
ApeX Omni
SunXCRV on 29 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit CRVUSDT | −0.045% | +0.0100% | 8h | $26.6M | $16.8M | 75x | as long as short |
| Reya CRVRUSDPERP | −0.042% | −0.0049% | 1h | $15 | — | 15x | as long as short |
| Binance CRVUSDT | −0.017% | +0.0100% | 8h | $23.8M | $53.7M | 75x | as long as short |
| BingX CRV-USDC | −0.017% | +0.0100% | 8h | — | $1.6M | — | as long as short |
| GMX CRV/USD [ETH-USDC]long | 0.000% | L +0.0548% / S −0.0195% | 1h | $314K | — | 100x | |
| MEXC CRV_USDT | +0.011% | +0.0100% | 8h | $13.4M | $6.1M | 125x | as long as short |
| Deribit CRV_USDC-PERPETUAL | +0.011% | −0.0032% | 1h | $56K | $50K | 25x | as long as short |
| Lighter CRV | +0.025% | +0.0096% | 1h | $396K | $663K | 10x | as long as short |
| Aevo CRV-PERP | +0.025% | +0.0104% | 1h | $18K | $9K | 3x | as long as short |
| Extended CRV-USD | +0.031% | +0.0104% | 1h | $283K | $826K | 25x | as long as short |
Show all 29 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX CRV-USDT-SWAP | +0.039% | +0.0100% | 8h | $8.4M | $19.5M | 50x | as long as short |
| Orderly PERP_CRV_USDC | +0.039% | +0.0097% | 8h | $23K | $511 | 10x | as long as short |
| dYdX CRV-USD | +0.042% | 0.0000% | 1h | $37K | $2K | 10x | as long as short |
| Pacifica CRV | +0.061% | +0.0100% | 1h | $359K | $131K | 10x | as long as short |
| Gate CRV_USDT | +0.068% | +0.0100% | 8h | $1.7M | $1.4M | 50x | as long as short |
| Bitget CRVUSDT | +0.068% | +0.0100% | 8h | $6.7M | $5.9M | 75x | as long as short |
| Aster CRVUSDT | +0.072% | +0.0100% | 8h | $102K | $154K | 10x | as long as short |
| Backpack CRV_USDC_PERPshort | +0.087% | +0.0100% | 1h | $96K | $334K | 10x | |
| KuCoin CRVUSDTM | +0.096% | +0.0100% | 8h | $6.5M | $8.8M | 50x | as long as short |
| BloFin CRV-USDT | +0.096% | +0.0220% | 8h | $1.4M | $3.9M | 75x | as long as short |
| Kraken Futures PF_CRVUSD | +0.166% | +0.0145% | 1h | $3.0M | $3.8M | 50x | as long as short |
| Variational Omni CRV | +0.168% | +0.0100% | 8h | $1.1M | $155K | — | as long as short |
| Hyperliquid CRV | +0.172% | +0.0768% | 1h | $20.6M | $14.4M | 10x | as long as short |
| Coinbase International CRV-PERP-INTX | +0.294% | +0.0272% | 1h | $330K | $4.1M | 50x | as long as short |
| Phoenix CRV | +0.443% | −0.0113% | 1h | $25K | $150K | 10x | as long as short |
| edgeX CRVUSDC | +0.499% | +0.0100% | 4h | $37K | $171K | 20x | as long as short |
| Injective CRV/USDC PERP | +0.576% | +0.0033% | 1h | $76 | $138K | 12x | as long as short |
| ApeX Omni CRVUSDT | +0.604% | +0.0100% | 1h | $53K | $683K | 50x | as long as short |
| SunX CRV-USDT | +2.328% | +0.0100% | 8h | $2K | $1.2M | 20x | as long as short |