Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.019%
Price spread now: BloFin against GRVT+0.207%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 4 days (all we have)−0.578%−$58 · spread now +0.207%, 7d avg +0.013%
=Together, before fees−0.397%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.194% dearer against GRVT than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT AVAX_USDT_Perp | 10.851 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $341K | $1.3M | 10x |
| Short | BloFin AVAX-USDT | 10.873 | 0.0220 | get 0.0220% / 8h | 7h 15m | $4.7M | $5.3M | 100x |
GRVT AVAX_USDT_Perp
BloFin AVAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $25.2
- Price spread: +0.207% → +0.013%
- $19.36
- Slippage, 4 orders
- −$17.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $6.18
- Costs to cover
- 0.384%
- Break-even
- 5.3 days
Slippage from GRVT: live order book, 2 min ago; BloFin: live order book, 3 min ago.
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 GRVT live order book, 2 min ago | 1.38 bp | 9.3 bp −$9 | 17.5 bp −$175 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.92 bp | 9.0 bp −$9 | 14.4 bp −$144 | 34.6 bp −$3,457 | 74.0 bp −$37.0K |
AVAX on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AVAXUSD | −0.0262% | 1h | 10.927 | +0.708% | $3.8M | $11.6M | 50x | as long as short |
| Nado AVAX-PERP | −0.0202% | 1h | 10.913 | +0.580% | $274K | $314K | 10x | as long as short |
| Phemex AVAXUSDT | −0.0136% | 8h | 10.916 | +0.603% | $29.1M | $5.6M | 50x | as long as short |
| Variational Omni AVAX | −0.0082% | 8h | 10.909 | +0.538% | $3.1M | $2.1M | — | as long as short |
| SoDEX AVAX-USD | −0.0075% | 1h | 10.925 | +0.686% | $19K | $68K | 10x | as long as short |
| dYdX AVAX-USD | 0.0000% | 1h | 10.910 | +0.551% | $93K | $111K | 10x | as long as short |
| Deribit AVAX_USDC-PERPETUAL | 0.0000% | 1h | 10.933 | +0.760% | $5.0M | $6.7M | 25x | as long as short |
| gTrade (Gains Network) AVAX/USD | L +0.0002% / S −0.0003% | 1h | 10.889 | +0.349% | $12K | — | 150x | as long as short |
| Injective AVAX/USDC PERP | +0.0033% | 1h | 10.760 | −0.835% | $17K | $151K | 12x | as long as short |
| Gate AVAX_USDT | +0.0051% | 8h | 10.907 | +0.520% | $14.1M | $29.4M | 75x | as long as short |
Kraken Futures PF_AVAXUSD
Nado AVAX-PERP
Phemex AVAXUSDT
Variational Omni AVAX
SoDEX AVAX-USD
dYdX AVAX-USD
Deribit AVAX_USDC-PERPETUAL
gTrade (Gains Network) AVAX/USD
Injective AVAX/USDC PERP
Gate AVAX_USDTShow all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex AVAX-USD-PERP | +0.0088% | 8h | 10.893 | +0.391% | $12K | $62 | 20x | as long as short |
| Lighter AVAX | +0.0096% | 1h | 10.921 | +0.653% | $1.2M | $2.1M | 10x | as long as short |
| Popdex AVAXUSDT | +0.0096% | 1h | 10.903 | +0.483% | $23K | $469K | 50x | as long as short |
| Hyperliquid AVAX | +0.0100% | 1h | 10.922 | +0.658% | $36.1M | $39.7M | 10x | as long as short |
| Aster AVAXUSDT | +0.0100% | 8h | 10.918 | +0.624% | $2.3M | $1.4M | 75x | as long as short |
| Pacifica AVAX | +0.0100% | 1h | 10.895 | +0.409% | $274K | $127K | 10x | as long as short |
| Binance AVAXUSDT | +0.0100% | 8h | 10.919 | +0.631% | $115.2M | $388.6M | 75x | as long as short |
| Bybit AVAXUSDT | +0.0100% | 8h | 10.917 | +0.612% | $85.4M | $136.8M | 75x | as long as short |
| OKX AVAX-USDT-SWAP | +0.0100% | 8h | 10.916 | +0.603% | $19.3M | $106.8M | 50x | as long as short |
| MEXC AVAX_USDT | +0.0100% | 8h | 10.905 | +0.502% | $53.7M | $80.0M | 200x | as long as short |
| KuCoin AVAXUSDTM | +0.0100% | 8h | 10.905 | +0.502% | $14.0M | $20.4M | 75x | as long as short |
| Bitget AVAXUSDT | +0.0100% | 8h | 10.906 | +0.511% | $33.1M | $45.1M | 75x | as long as short |
| BingX AVAX-USDT | +0.0100% | 8h | 10.908 | +0.529% | — | $53.0M | — | as long as short |
| Backpack AVAX_USDC_PERP | +0.0100% | 1h | 10.921 | +0.649% | $442K | $531K | 15x | as long as short |
| GRVT AVAX_USDT_Perplong | +0.0100% | 8h | 10.851 | long leg | $341K | $1.3M | 10x | |
| ApeX Omni AVAXUSDT | +0.0100% | 1h | 10.858 | +0.068% | $175K | $661K | 50x | as long as short |
| Polymarket Perps AVAX-USD | +0.0100% | 1h | 10.913 | +0.575% | $137K | $234K | 10x | as long as short |
| Orderly PERP_AVAX_USDC | +0.0100% | 8h | 10.934 | +0.769% | $236K | $222K | 20x | as long as short |
| SunX AVAX-USDT | +0.0100% | 8h | 10.956 | +0.975% | $12K | $770K | 20x | as long as short |
| HTX AVAX-USDT | +0.0100% | 8h | 10.940 | +0.820% | $339K | $872K | 75x | as long as short |
| Extended AVAX-USD | +0.0104% | 1h | 10.899 | +0.449% | $622K | $1.5M | 25x | as long as short |
| Aevo AVAX-PERP | +0.0104% | 1h | 10.928 | +0.718% | $251K | — | 3x | as long as short |
| Coinbase International AVAX-PERP-INTX | +0.0200% | 1h | 10.941 | +0.833% | $872K | $5.3M | 50x | as long as short |
| BloFin AVAX-USDTshort | +0.0220% | 8h | 10.873 | +0.207% | $4.7M | $5.3M | 100x | |
| Reya AVAXRUSDPERP | +0.0245% | 1h | 10.865 | +0.132% | $1K | — | 20x | as long as short |
| GMX AVAX/USD [AVAX-USDC] | L +0.0444% / S −0.0294% | 1h | 10.891 | +0.368% | $230K | — | 120x | as long as short |
Paradex AVAX-USD-PERP
Lighter AVAX
Popdex AVAXUSDT
Hyperliquid AVAX
Aster AVAXUSDT
Pacifica AVAX
Binance AVAXUSDT
Bybit AVAXUSDT
OKX AVAX-USDT-SWAP
MEXC AVAX_USDT
KuCoin AVAXUSDTM
Bitget AVAXUSDT
BingX AVAX-USDT
Backpack AVAX_USDC_PERP
ApeX Omni AVAXUSDT
Polymarket Perps AVAX-USD
Orderly PERP_AVAX_USDC
SunX AVAX-USDT
HTX AVAX-USDT
Extended AVAX-USD
Aevo AVAX-PERP
Coinbase International AVAX-PERP-INTX
Reya AVAXRUSDPERP
GMX AVAX/USD [AVAX-USDC]