Funding you earn now, next payment 08:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.31 per $10,000 · paid last 24h +0.002%
Price spread now: GRVT against Gate−0.036%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.036%, 7d avg −0.009%
=Together, before fees+0.273%+ Points / potential airdropGRVT: Active · farm board+$27 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 GRVT is 0.027% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate BCH_USDT | 266.76 | −0.0101 | get 0.0101% / 8h | 5h 19m | $8.3M | $13.3M | 75x |
| Short | GRVT BCH_USDT_Perp | 266.66 | −0.0132 | pay 0.0132% / 8h | 5h 19m | $389K | $17K | 10x |
Gate BCH_USDT
GRVT BCH_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- −$6.51
- Price spread: −0.036% → −0.009%
- −$2.72
- Slippage, 4 orders
- −$21.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$54.9
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 43 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 Gate live order book, 4 min ago | 1.69 bp | 11.3 bp −$11 | 16.8 bp −$168 | 35.5 bp −$3,547 | 47.6 bp −$23.8K |
| Sell GRVT live order book, 43 min ago | 3.96 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BCH-USDT | −0.1324% | 8h | 266.49 | −0.101% | $2K | $1.7M | 30x | as long as short |
| HTX BCH-USDT | −0.0454% | 8h | 266.58 | −0.067% | $775K | $1.4M | 75x | as long as short |
| Phemex BCHUSDT | −0.0429% | 8h | 266.68 | −0.030% | $4.9M | $6.6M | 50x | as long as short |
| SoDEX BCH-USD | −0.0306% | 1h | 266.62 | −0.052% | $2K | $8K | 10x | as long as short |
| GRVT BCH_USDT_Perpshort | −0.0132% | 8h | 266.66 | −0.036% | $389K | $17K | 10x | |
| Coinbase International BCH-PERP-INTX | −0.0128% | 1h | 266.55 | −0.079% | $224K | $1.8M | 50x | as long as short |
| Nado BCH-PERP | −0.0124% | 1h | 266.60 | −0.061% | $424K | $339K | 10x | as long as short |
| Binance BCHUSDT | −0.0105% | 8h | 266.69 | −0.026% | $72.6M | $213.4M | 75x | as long as short |
| Extended BCH-USD | −0.0104% | 1h | 266.48 | −0.105% | $116K | $953K | 25x | as long as short |
| MEXC BCH_USDT | −0.0104% | 8h | 266.95 | +0.071% | $70.4M | $7.0M | 200x | as long as short |
SunX BCH-USDT
HTX BCH-USDT
Phemex BCHUSDT
SoDEX BCH-USD
Coinbase International BCH-PERP-INTX
Nado BCH-PERP
Binance BCHUSDT
Extended BCH-USD
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate BCH_USDTlong | −0.0101% | 8h | 266.76 | long leg | $8.3M | $13.3M | 75x | |
| Variational Omni BCH | −0.0099% | 8h | 266.80 | +0.015% | $82K | $201K | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0066% | 8h | 266.60 | −0.060% | $25.2M | $74.4M | 50x | as long as short |
| KuCoin BCHUSDTM | −0.0065% | 8h | 266.65 | −0.041% | $8.6M | $7.1M | 75x | as long as short |
| Bitget BCHUSDT | −0.0063% | 8h | 266.71 | −0.019% | $19.2M | $28.1M | 75x | as long as short |
| Bybit BCHUSDT | −0.0038% | 8h | 266.64 | −0.045% | $39.3M | $30.8M | 75x | as long as short |
| BingX BCH-USDC | −0.0036% | 8h | 266.73 | −0.011% | — | $6.5M | — | as long as short |
| Kraken Futures PF_BCHUSD | −0.0031% | 1h | 266.90 | +0.051% | $856K | $3.0M | 50x | as long as short |
| Deribit BCH_USDC-PERPETUAL | −0.0009% | 1h | 266.78 | +0.007% | $446K | $331K | 25x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0004% / S +0.0007% | 1h | 266.83 | +0.027% | $15K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 266.76 | +0.001% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 266.78 | +0.007% | $1.1M | $10.2M | 2.7x | as long as short |
| ApeX Omni BCHUSDT | +0.0008% | 1h | 266.95 | +0.071% | $97K | $227K | 50x | as long as short |
| BloFin BCH-USDT | +0.0015% | 8h | 266.62 | −0.052% | $3.9M | $4.2M | 50x | as long as short |
| Pacifica BCH | +0.0021% | 1h | 266.63 | −0.049% | $162K | $321K | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +1.290% | $721 | $130K | 12x | as long as short |
| Orderly PERP_BCH_USDC | +0.0034% | 8h | 266.62 | −0.052% | $2K | $176 | 10x | as long as short |
| Lighter BCH | +0.0096% | 1h | 266.69 | −0.025% | $365K | $482K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 266.86 | +0.037% | $5.7M | $4.7M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 266.71 | −0.018% | $169K | $519K | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 266.86 | +0.038% | $19K | $290K | 20x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0357% / S −0.0525% | 1h | 266.92 | +0.058% | $25K | — | 100x | as long as short |
Variational Omni BCH
OKX BCH-USDT-SWAP
KuCoin BCHUSDTM
Bitget BCHUSDT
Bybit BCHUSDT
BingX BCH-USDC
Kraken Futures PF_BCHUSD
Deribit BCH_USDC-PERPETUAL
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
ApeX Omni BCHUSDT
BloFin BCH-USDT
Pacifica BCH
Injective BCH/USDC PERP
Orderly PERP_BCH_USDC
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
edgeX BCHUSDC
GMX BCH/USD [WBTC.b-USDC]