Funding you earn now, next payment 00:00 UTC+0.0063%/8h= +6.9% APRnext payment +$0.63 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against GRVT−0.007%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 3 days (all we have)−0.056%−$6 · spread now −0.007%, 7d avg +0.001%
=Together, before fees+0.155%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BCH_USDT_Perp | 267.18 | −0.0064 | get 0.0064% / 8h | 2h 44m | $389K | $17K | 10x |
| Short | BloFin BCH-USDT | 267.16 | −0.0001 | pay 0.0001% / 8h | 2h 44m | $4.0M | $4.1M | 50x |
GRVT BCH_USDT_Perp
BloFin BCH-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
- $13.19
- Price spread: −0.007% → +0.001%
- −$0.8
- Slippage, 4 orders
- −$21.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$30
- Costs to cover
- 0.424%
- Break-even
- 22.9 days
Slippage from GRVT: live order book, 43 min ago; BloFin: live order book, 4 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, 43 min ago | 0.19 bp | 12.1 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.37 bp | 13.8 bp −$14 | 25.3 bp −$253 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0314% | 1h | 267.39 | +0.077% | $437K | $248K | 25x | as long as short |
| Injective BCH/USDC PERP | −0.0304% | 1h | 267.23 | +0.019% | $713 | $80K | 12x | as long as short |
| Phemex BCHUSDT | −0.0197% | 8h | 267.26 | +0.030% | $4.9M | $6.2M | 50x | as long as short |
| SoDEX BCH-USD | −0.0167% | 1h | 267.20 | +0.007% | $2K | $6K | 10x | as long as short |
| MEXC BCH_USDT | −0.0121% | 8h | 267.77 | +0.221% | $70.9M | $6.3M | 200x | as long as short |
| Binance BCHUSDT | −0.0121% | 8h | 267.27 | +0.034% | $73.8M | $229.1M | 75x | as long as short |
| Extended BCH-USD | −0.0120% | 1h | 267.12 | −0.022% | $105K | $643K | 25x | as long as short |
| Bybit BCHUSDT | −0.0094% | 8h | 267.20 | +0.007% | $39.4M | $32.1M | 75x | as long as short |
| Variational Omni BCH | −0.0082% | 8h | 267.05 | −0.048% | $85K | $291K | — | as long as short |
| GRVT BCH_USDT_Perplong | −0.0064% | 8h | 267.18 | long leg | $389K | $17K | 10x |
Deribit BCH_USDC-PERPETUAL
Injective BCH/USDC PERP
Phemex BCHUSDT
SoDEX BCH-USD
MEXC BCH_USDT
Binance BCHUSDT
Extended BCH-USD
Bybit BCHUSDT
Variational Omni BCHShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget BCHUSDT | −0.0055% | 8h | 267.22 | +0.015% | $20.0M | $28.7M | 75x | as long as short |
| Gate BCH_USDT | −0.0038% | 8h | 267.29 | +0.041% | $8.4M | $14.3M | 75x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0024% | 1h | 266.89 | −0.109% | $254K | $2.0M | 50x | as long as short |
| BingX BCH-USDC | −0.0016% | 8h | 267.30 | +0.045% | — | $6.5M | — | as long as short |
| OKX BCH-USDT-SWAP | −0.0015% | 8h | 267.30 | +0.045% | $26.2M | $75.5M | 50x | as long as short |
| BloFin BCH-USDTshort | −0.0001% | 8h | 267.16 | −0.007% | $4.0M | $4.1M | 50x | |
| dYdX BCH-USD | 0.0000% | 1h | 267.28 | +0.037% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 267.28 | +0.037% | $1.1M | $11.4M | 2.7x | as long as short |
| gTrade (Gains Network) BCH/USD | L 0.0000% / S +0.0007% | 1h | 267.42 | +0.090% | $4K | — | 150x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 267.23 | +0.019% | $2K | $176 | 10x | as long as short |
| Nado BCH-PERP | +0.0062% | 1h | 267.07 | −0.042% | $440K | $426K | 10x | as long as short |
| Kraken Futures PF_BCHUSD | +0.0074% | 1h | 267.46 | +0.105% | $802K | $3.2M | 50x | as long as short |
| KuCoin BCHUSDTM | +0.0077% | 8h | 267.34 | +0.060% | $8.8M | $8.0M | 75x | as long as short |
| Lighter BCH | +0.0096% | 1h | 267.31 | +0.047% | $375K | $580K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 267.60 | +0.157% | $6.0M | $4.1M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 267.28 | +0.038% | $234K | $674K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 267.27 | +0.034% | $169K | $461K | 10x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 267.15 | −0.010% | $19K | $289K | 20x | as long as short |
| ApeX Omni BCHUSDT | +0.0100% | 1h | 267.18 | 0.000% | $73K | $214K | 50x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 267.09 | −0.034% | $2K | $2.0M | 30x | as long as short |
| HTX BCH-USDT | +0.0100% | 8h | 267.07 | −0.041% | $768K | $1.6M | 75x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0365% / S −0.0554% | 1h | 267.42 | +0.089% | $25K | — | 100x | as long as short |
Bitget BCHUSDT
Gate BCH_USDT
Coinbase International BCH-PERP-INTX
BingX BCH-USDC
OKX BCH-USDT-SWAP
dYdX BCH-USD
Kalshi KXBCHPERP
gTrade (Gains Network) BCH/USD
Orderly PERP_BCH_USDC
Nado BCH-PERP
Kraken Futures PF_BCHUSD
KuCoin BCHUSDTM
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
edgeX BCHUSDC
ApeX Omni BCHUSDT
SunX BCH-USDT
HTX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]