Funding you earn now, next payment 00:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.016%
Price spread now: BloFin against GRVT+0.021%102s7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1601.600% of the position
Funding, last 7 days+0.293%+$29 on $10k
+Price spread, last 3 days (all we have)+0.212%+$21 · spread now +0.021%, 7d avg +0.095%
=Together, before fees+0.504%+ Points / potential airdropGRVT: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.074% cheaper against GRVT than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.095%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.293%, so the current rate has only just turned against you. The two prices were read 102 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 | GRVT BARD_USDT_Perp | 0.1355 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $141K | $526K | 10x |
| Short | BloFin BARD-USDT | 0.1355 | 0.0052 | get 0.0026% / 4h | 1h 43m | $119K | $5K | 25x |
GRVT BARD_USDT_Perp
BloFin BARD-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
- −$10.15
- Price spread: +0.021% → +0.095%
- −$7.45
- Slippage, 4 orders
- −$138.95
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$177.55
- Costs to cover
- 1.600%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 39 min ago; BloFin: live order book, 29 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, 39 min ago | 7.36 bp | 54.8 bp −$55 | 2747.0 bp −$27.5K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 29 min ago | 3.69 bp | 15.8 bp −$16 | 83.2 bp −$832 | doesn't fit | doesn't fit |
BARD on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin BARD-USDTshort | +0.0052% | 4h | 0.1355 | +0.021% | $119K | $5K | 25x | |
| BingX BARD-USDT | +0.0070% | 4h | 0.1355 | +0.021% | — | $6.5M | — | as long as short |
| Aster BARDUSDT | +0.0100% | 4h | 0.1356 | +0.108% | $18K | $14K | 5x | as long as short |
| Binance BARDUSDT | +0.0100% | 4h | 0.1356 | +0.095% | $2.2M | $1.8M | 25x | as long as short |
| Bybit BARDUSDT | +0.0100% | 4h | 0.1356 | +0.058% | $1.0M | $306K | 25x | as long as short |
| OKX BARD-USDT-SWAP | +0.0100% | 4h | 0.1355 | +0.021% | $712K | $957K | 20x | as long as short |
| Gate BARD_USDT | +0.0100% | 4h | 0.1356 | +0.095% | $192K | $44K | 20x | as long as short |
| MEXC BARD_USDT | +0.0100% | 4h | 0.1356 | +0.095% | $717K | $143K | 50x | as long as short |
| KuCoin BARDUSDTM | +0.0100% | 4h | 0.1354 | −0.038% | $96K | $67K | 25x | as long as short |
| Bitget BARDUSDT | +0.0100% | 4h | 0.1356 | +0.095% | $1.0M | $173K | 20x | as long as short |
BingX BARD-USDT
Aster BARDUSDT
Binance BARDUSDT
Bybit BARDUSDT
OKX BARD-USDT-SWAP
Gate BARD_USDT
MEXC BARD_USDT
KuCoin BARDUSDTM
Bitget BARDUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BARD | +0.0100% | 4h | 0.1354 | −0.062% | $12K | $252 | — | as long as short |
| GRVT BARD_USDT_Perplong | +0.0100% | 4h | 0.1355 | long leg | $141K | $526K | 10x |
Variational Omni BARD