Funding you earn now, next payment 02:00 UTC+0.0948%/8h= +103.8% APRpaid last 24h +0.177%
Price spread now: GRVT against Deribit−0.094%45s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GRVT is 0.094% cheaper against Deribit than usual: you would sell low and buy high (spread −0.094% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$28 a day). The two prices were read 45 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 | Deribit AVNT_USDC-PERPETUAL | 0.1182 | −0.0848 | get 0.0106% / 1h | 5m 37s | $278 | $123 | 10x |
| Short | GRVT AVNT_USDT_Perp | 0.1181 | 0.0100 | get 0.0050% / 4h | 2h 05m | $200K | $961K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Deribit. 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
- $199.11
- Price spread: −0.094% → 0.000%
- −$9.39
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $173.73
- Costs to cover
- 0.160%
- Break-even
- 0.9 days
Slippage unknown: Deribit: no order-book sample; GRVT: live order book, 57 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 57 min ago | 30.08 bp | 34.6 bp −$35 | 71.4 bp −$714 | doesn't fit | doesn't fit |
Deribit: 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.
AVNT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit AVNT_USDC-PERPETUALlong | −0.0848% | 1h | 0.1182 | long leg | $278 | $123 | 10x | |
| Coinbase International AVNT-PERP-INTX | −0.0368% | 1h | 0.1169 | −1.099% | $14K | $12K | 50x | as long as short |
| Lighter AVNT | +0.0096% | 1h | 0.1188 | +0.490% | $53K | $65K | 5x | as long as short |
| Hyperliquid AVNT | +0.0100% | 1h | 0.1183 | +0.006% | $698K | $303K | 5x | as long as short |
| Aster AVNTUSDT | +0.0100% | 4h | 0.1184 | +0.093% | $31K | $26K | 5x | as long as short |
| Binance AVNTUSDT | +0.0100% | 4h | 0.1181 | −0.093% | $3.3M | $6.2M | 50x | as long as short |
| Bybit AVNTUSDT | +0.0100% | 4h | 0.1182 | −0.051% | $3.0M | $2.4M | 50x | as long as short |
| OKX AVNT-USDT-SWAP | +0.0100% | 4h | 0.1181 | −0.127% | $734K | $2.0M | 20x | as long as short |
| Gate AVNT_USDT | +0.0100% | 8h | 0.1182 | −0.042% | $277K | $128K | 50x | as long as short |
| MEXC AVNT_USDT | +0.0100% | 4h | 0.1181 | −0.127% | $2.4M | $890K | 100x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AVNTUSDTM | +0.0100% | 4h | 0.1182 | −0.025% | $2.2M | $4.5M | 25x | as long as short |
| Bitget AVNTUSDT | +0.0100% | 4h | 0.1182 | −0.059% | $689K | $235K | 20x | as long as short |
| BingX AVNT-USDT | +0.0100% | 4h | 0.1182 | −0.051% | — | $6.6M | — | as long as short |
| Backpack AVNT_USDC_PERP | +0.0100% | 1h | 0.1183 | +0.051% | $32K | $42K | 5x | as long as short |
| Variational Omni AVNT | +0.0100% | 4h | 0.1182 | −0.039% | $22K | $45K | — | as long as short |
| GRVT AVNT_USDT_Perpshort | +0.0100% | 4h | 0.1181 | −0.094% | $200K | $961K | 10x | |
| SunX AVNT-USDT | +0.0100% | 4h | 0.1184 | +0.144% | $2K | $1.2M | 20x | as long as short |
| HTX AVNT-USDT | +0.0100% | 4h | 0.1182 | 0.000% | $36K | $62K | 10x | as long as short |
| Extended AVNT-USD | +0.0104% | 1h | 0.1181 | −0.106% | $26K | $239K | 10x | as long as short |
| GMX AVNT/USD [ETH-USDC] | L +0.0294% / S −0.0838% | 1h | 0.1184 | +0.088% | $8K | — | 100x | as long as short |
Deribit AVNT_USDC-PERPETUAL
GRVT AVNT_USDT_Perp
Coinbase International AVNT-PERP-INTX
Lighter AVNT
Hyperliquid AVNT
Aster AVNTUSDT
Binance AVNTUSDT
Bybit AVNTUSDT
OKX AVNT-USDT-SWAP
Gate AVNT_USDT
MEXC AVNT_USDT
KuCoin AVNTUSDTM
Bitget AVNTUSDT
BingX AVNT-USDT
Backpack AVNT_USDC_PERP
Variational Omni AVNT
SunX AVNT-USDT
HTX AVNT-USDT
Extended AVNT-USD
GMX AVNT/USD [ETH-USDC]