Funding you earn now, next payment 04:00 UTC+0.0730%/8h= +79.9% APRnext payment +$3.65 per $10,000 · paid last 24h +0.129%
Price spread now: MEXC against GRVT+28.250%112s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.475%+$47 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and MEXC is 28.250% dearer against GRVT than usual: you sell high and buy low: +$2,825 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.475% in total (about 24.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BLESS_USDT_Perp | 0.007339 | 0 | get 0.0000% / 4h | 3h 17m | $228K | $3K | 10x |
| Short | MEXC BLESS_USDT | 0.009412 | 0.0730 | get 0.0365% / 4h | 3h 17m | $7.4M | $649K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $153.3
- Price spread: +28.250% → 0.000%
- $2,825.01
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $2,969.31
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: GRVT: no order-book sample; MEXC: live order book, 5 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 GRVT no order-book sample | — | — | — | — | — |
| Sell MEXC live order book, 5 min ago | 1.60 bp | 7.6 bp −$8 | 43.2 bp −$432 | 164.6 bp −$16.5K | doesn't fit |
GRVT: 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.
BLESS 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT BLESS_USDT_Perplong | 0.0000% | 4h | 0.007339 | long leg | $228K | $3K | 10x | |
| Bybit BLESSUSDT | +0.0100% | 4h | 0.009388 | +27.923% | $2.6M | $529K | 13x | as long as short |
| Variational Omni BLESS | +0.0100% | 4h | 0.009380 | +27.820% | $9K | $1K | — | as long as short |
| SunX BLESS-USDT | +0.0100% | 4h | 0.009321 | +27.010% | $2K | $703K | 20x | as long as short |
| KuCoin BLESSUSDTM | +0.0140% | 4h | 0.009375 | +27.746% | $2.4M | $205K | 40x | as long as short |
| Gate BLESS_USDT | +0.0318% | 4h | 0.009390 | +27.950% | $891K | $761K | 20x | as long as short |
| Bitget BLESSUSDT | +0.0342% | 4h | 0.009406 | +28.168% | $2.8M | $715K | 10x | as long as short |
| BloFin BLESS-USDT | +0.0687% | 4h | 0.009419 | +28.345% | $464K | $180K | 40x | as long as short |
| BingX BLESS-USDT | +0.0690% | 4h | 0.009400 | +28.087% | — | $6.7M | — | as long as short |
| Binance BLESSUSDT | +0.0723% | 4h | 0.009409 | +28.209% | $4.6M | $3.5M | 40x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BLESS_USDTshort | +0.0730% | 4h | 0.009412 | +28.250% | $7.4M | $649K | 100x | |
| Aster BLESSUSDT | +0.0912% | 4h | 0.009400 | +28.087% | $51K | $56K | 5x | as long as short |
GRVT BLESS_USDT_Perp
MEXC BLESS_USDT
Bybit BLESSUSDT
Variational Omni BLESS
SunX BLESS-USDT
KuCoin BLESSUSDTM
Gate BLESS_USDT
Bitget BLESSUSDT
BloFin BLESS-USDT
BingX BLESS-USDT
Binance BLESSUSDT
Aster BLESSUSDT