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

BARD

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: GRVT against BloFin−0.219%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$257as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2322.322% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.245%−$25 on $10k
Price spread, last 4 days (all we have)−0.454%−$45 · spread now −0.219%, 7d avg −0.081%
Together, before fees−0.699%+ Points / potential airdropGRVT: Active · farm board−$70 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.137% cheaper against BloFin than usual: you would sell low and buy high (spread −0.219% now, against its 7-day average of −0.081%). If the spread goes back, that is −$14 on $10k: about 20 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin BARD-USDT0.13710.0077pay 0.0038% / 4h3h 39m$118K$3K25x
ShortGRVT BARD_USDT_Perp0.13680.0100get 0.0050% / 4h3h 39m$147K$486K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. 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
$4.83
Price spread: −0.219% → −0.081%
−$13.73
Slippage, 4 orders
−$211.21
Fee BloFin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$241.11
Costs to cover
2.322%
Break-even
356.2 days
Slippage from BloFin: live order book, 16 min ago; GRVT: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 16 min ago3.68 bp33.9 bp −$34134.2 bp −$1,342doesn't fitdoesn't fit
Sell GRVT live order book, 58 min ago11.04 bp57.6 bp −$58189.4 bp −$1,894doesn't fitdoesn't fit

BARD on 12 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
BingX BARD-USDT+0.0070%4h0.1367−0.292%$6.5Mas long as short
BloFin BARD-USDTlong+0.0077%4h0.1371long leg$118K$3K25x
Aster BARDUSDT+0.0100%4h0.1368−0.253%$18K$15K5xas long as short
Binance BARDUSDT+0.0100%4h0.1367−0.287%$2.2M$1.6M25xas long as short
Bybit BARDUSDT+0.0100%4h0.1368−0.219%$1.1M$361K25xas long as short
OKX BARD-USDT-SWAP+0.0100%4h0.1367−0.292%$736K$894K20xas long as short
Gate BARD_USDT+0.0100%4h0.1368−0.219%$192K$39K20xas long as short
MEXC BARD_USDT+0.0100%4h0.1367−0.292%$730K$193K50xas long as short
KuCoin BARDUSDTM+0.0100%4h0.1364−0.481%$100K$53K25xas long as short
Bitget BARDUSDT+0.0100%4h0.1368−0.219%$1.0M$83K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni BARD+0.0100%4h0.1368−0.210%$12K$1as long as short
GRVT BARD_USDT_Perpshort+0.0100%4h0.1368−0.219%$147K$486K10x