Settings8H · net · $10k
Funding arb · Price arb /

CRV

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.025%
Price spread now: GMX against Injective−1.971%57s7-day average +0.243% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.149%+$15 on $10k
Price spread, last 3 days (all we have)+2.296%+$230 · spread now −1.971%, 7d avg +0.243%
Together, before fees+2.445%+$244 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 2.214% cheaper against Injective than usual: you would sell low and buy high (spread −1.971% now, against its 7-day average of +0.243%). If the spread goes back, that is −$221 on $10k: about 44 days of funding at the current rate (+$5 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective CRV/USDC PERP0.36700.0033pay 0.0004% / 1h41m 56s$79$384K12x
ShortGMX CRV/USD [ETH-USDC]0.3598L +0.0450% / S −0.0200%get 0.0025% / 1h41m 56s$229K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Injective. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$34.92
Price spread: −1.971% → +0.243%
−$221.4
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee GMX: 6 bp × 2 orders
−$12
Net
−$198.5
Costs to cover
0.120%
Break-even
46.8 days
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell GMX no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni CRVUSDT−0.0134%1h0.3617−1.444%$52K$700K50xas long as short
Phoenix CRV−0.0066%1h0.3604−1.790%$26K$162K10xas long as short
Reya CRVRUSDPERP−0.0048%1h0.3600−1.895%$1515xas long as short
Deribit CRV_USDC-PERPETUAL−0.0028%1h0.3598−1.962%$55K$50K25xas long as short
dYdX CRV-USD0.0000%1h0.3602−1.840%$37K$6K10xas long as short
Injective CRV/USDC PERPlong+0.0033%1h0.3670long leg$79$384K12x
Backpack CRV_USDC_PERP+0.0051%1h0.3603−1.839%$97K$300K10xas long as short
Orderly PERP_CRV_USDC+0.0095%8h0.3598−1.962%$24K$92910xas long as short
Lighter CRV+0.0096%1h0.3599−1.921%$378K$708K10xas long as short
Hyperliquid CRV+0.0100%1h0.3607−1.728%$22.2M$16.8M10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CRVUSDT+0.0100%8h0.3604−1.786%$128K$182K10xas long as short
Pacifica CRV+0.0100%1h0.3602−1.860%$363K$209K10xas long as short
Binance CRVUSDT+0.0100%8h0.3602−1.855%$25.0M$56.1M75xas long as short
Bybit CRVUSDT+0.0100%8h0.3599−1.935%$27.4M$18.0M75xas long as short
OKX CRV-USDT-SWAP+0.0100%8h0.3600−1.907%$8.6M$21.0M50xas long as short
Gate CRV_USDT+0.0100%8h0.3601−1.880%$1.8M$1.3M50xas long as short
MEXC CRV_USDT+0.0100%8h0.3601−1.880%$14.7M$5.2M125xas long as short
KuCoin CRVUSDTM+0.0100%8h0.3602−1.853%$6.3M$9.2M50xas long as short
Bitget CRVUSDT+0.0100%8h0.3604−1.798%$6.8M$5.6M75xas long as short
BingX CRV-USDT+0.0100%8h0.3600−1.907%$23.6Mas long as short
Variational Omni CRV+0.0100%8h0.3607−1.718%$1.1M$113Kas long as short
edgeX CRVUSDC+0.0100%4h0.3616−1.473%$37K$174K20xas long as short
GRVT CRV_USDT_Perp+0.0100%8h0.3610−1.636%$506K$419K10xas long as short
SunX CRV-USDT+0.0100%8h0.3642−0.763%$1K$1.3M20xas long as short
Extended CRV-USD+0.0104%1h0.3601−1.877%$235K$631K25xas long as short
Aevo CRV-PERP+0.0104%1h0.3598−1.962%$13K$6K3xas long as short
BloFin CRV-USDT+0.0220%8h0.3634−0.981%$1.4M$4.1M75xas long as short
Kraken Futures PF_CRVUSD+0.0294%1h0.3601−1.882%$3.0M$2.8M50xas long as short
Coinbase International CRV-PERP-INTX+0.0376%1h0.3600−1.907%$377K$4.5M50xas long as short
GMX CRV/USD [ETH-USDC]shortL +0.0450% / S −0.0200%1h0.3598−1.971%$229K100x