Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.012%
Price spread now: GRVT against ApeX Omni0.000%7-day average −0.005% · 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−$20as in the Price arb table
costs, in and out, $10k−$200.204% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now 0.000%, 7d avg −0.005%
=Together, before fees+0.009%+ Points / potential airdropGRVT: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni BTCUSDT | 85,439.8 | 0.0100 | pay 0.0013% / 1h | 7m 35s | $139.7M | $313.1M | 100x |
| Short | GRVT BTC_USDT_Perp | 85,439.5 | 0.0100 | get 0.0100% / 8h | 1h 07m | $214.5M | $163.3M | 50x |
ApeX Omni BTCUSDT
GRVT BTC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against ApeX Omni. 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
- $0
- Price spread: 0.000% → −0.005%
- $0.48
- Slippage, 4 orders
- −$1.39
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$19.91
- Costs to cover
- 0.204%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; GRVT: live order book, 7 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 ApeX Omni live order book, 2 min ago | 0.69 bp | 5.7 bp −$6 | 5.8 bp −$58 | 17.7 bp −$1,771 | 42.8 bp −$21.4K |
| Sell GRVT live order book, 7 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 5.4 bp −$542 | 8.8 bp −$4,379 |
BTC on 55 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0082% | 1h | 85,478 | +0.045% | $2.3M | $10.4M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,414 | −0.030% | $8K | $3K | 50x | as long as short |
| KuCoin XBTUSDTM | −0.0034% | 8h | 85,418.8 | −0.025% | $929.3M | $772.7M | 125x | as long as short |
| BloFin BTC-USDT | −0.0022% | 8h | 85,430.5 | −0.011% | $420.9M | $679.8M | 150x | as long as short |
| Aster BTCUSDT | −0.0004% | 8h | 85,424.6 | −0.018% | $512.8M | $1.09B | 200x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,439.4 | 0.000% | $352K | $2.4M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,439.3 | −0.001% | $492K | $18.3M | 6.7x | as long as short |
| dYdX BTC-USD | +0.0001% | 1h | 85,430.8 | −0.011% | $16.7M | $21.0M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,433.2 | −0.008% | $36.5M | — | 200x | as long as short |
| Nado BTC-PERP | +0.0045% | 1h | 85,419.1 | −0.024% | $24.1M | $220.0M | 50x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
KuCoin XBTUSDTM
BloFin BTC-USDT
Aster BTCUSDT
01 Exchange BTCUSD
Perpl BTC
dYdX BTC-USD
gTrade (Gains Network) BTC/USD
Nado BTC-PERPShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective BTC/USDC PERP | +0.0057% | 1h | 85,247 | −0.226% | $338K | $26.8M | 52x | as long as short |
| Deribit BTC-PERPETUAL | +0.0070% | 1h | 85,461.2 | +0.025% | $854.1M | $1.64B | 50x | as long as short |
| BingX BTC-USDC | +0.0073% | 8h | 85,391.3 | −0.057% | — | $17.3M | — | as long as short |
| Kraken Futures PF_XBTUSD | +0.0089% | 1h | 85,438.5 | −0.001% | $186.2M | $952.4M | 100x | as long as short |
| Bitget BTCUSDT | +0.0092% | 8h | 85,412.9 | −0.031% | $2.97B | $5.15B | 150x | as long as short |
| Bybit BTCUSDT | +0.0093% | 8h | 85,424.4 | −0.018% | $5.14B | $9.96B | 150x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,428.3 | −0.013% | $169.7M | $1.03B | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,426.6 | −0.015% | $23.6M | $148.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,446 | +0.007% | $8.5M | $57.1M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,438.1 | −0.002% | $2.4M | $6.7M | 20x | as long as short |
| SoDEX BTC-USD | +0.0097% | 1h | 85,420 | −0.023% | $59.8M | $336.7M | 40x | as long as short |
| MEXC BTC_USDT | +0.0097% | 8h | 85,417.4 | −0.026% | $5.04B | $5.78B | 500x | as long as short |
| Binance BTCUSDT | +0.0097% | 8h | 85,429.9 | −0.012% | $9.42B | $24.86B | 150x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,409 | −0.036% | $245K | $8.7M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,480.4 | +0.047% | $5.8M | $9.6M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,502 | +0.073% | $3.75B | $5.05B | 40x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,449.1 | +0.011% | $40.4M | $603.0M | 50x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,414.9 | −0.029% | $2.60B | $12.19B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,404 | −0.042% | $3.8M | $17.1M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,418.7 | −0.025% | $5.1M | $96.5M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,433.2 | −0.008% | $5.56B | $11.08B | 200x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,411.1 | −0.034% | $37.4M | $180.8M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,384.3 | −0.065% | $156.3M | $556.9M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,406.3 | −0.039% | $279.8M | $952.9M | 100x | as long as short |
| GRVT BTC_USDT_Perpshort | +0.0100% | 8h | 85,439.5 | 0.000% | $214.5M | $163.3M | 50x | |
| ApeX Omni BTCUSDTlong | +0.0100% | 1h | 85,439.8 | long leg | $139.7M | $313.1M | 100x | |
| StandX BTC-USD | +0.0100% | 1h | 85,436 | −0.004% | $30.1M | $207.2M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,464.9 | +0.029% | — | $10.2M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,414 | −0.030% | $11.0M | $14.6M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,419.9 | −0.023% | $199K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,420.9 | −0.022% | $2.6M | $9.7M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,462 | +0.026% | $194K | $795K | 40x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,419.8 | −0.023% | $2.9M | $6.1M | 100x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,408.6 | −0.037% | $2.26B | $962.7M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,428 | −0.014% | $156.3M | $512.5M | 150x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,413.1 | −0.031% | $689.0M | $342.5M | 40x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,390.7 | −0.057% | $45.2M | $240.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,431.5 | −0.010% | — | $104.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0104% | 1h | 85,455.3 | +0.018% | $112.9M | $5.48B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0133% | 1h | 85,409.5 | −0.035% | $6.6M | $147.7M | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0175% / S −0.0150% | 1h | 85,434.5 | −0.006% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0176% | 8h | 85,436 | −0.004% | $11.9M | $739.3M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0193% | 1h | 85,454.2 | +0.017% | $8.8M | $42.6M | 25x | as long as short |
| Hibachi BTC/USDT-P | +0.0216% | 1h | 85,453.3 | +0.016% | $685K | $7.8M | 30x | as long as short |
| Aftermath Perps BTCUSD | +0.0265% | 1h | 85,456 | +0.019% | $79K | $242K | 20x | as long as short |
Injective BTC/USDC PERP
Deribit BTC-PERPETUAL
BingX BTC-USDC
Kraken Futures PF_XBTUSD
Bitget BTCUSDT
Bybit BTCUSDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
SoDEX BTC-USD
MEXC BTC_USDT
Binance BTCUSDT
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Hyperliquid BTC
Pacifica BTC
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Gate BTC_USDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
Bluefin BTC-PERP
SunX BTC-USDT
HTX BTC-USDT
Phemex BTCUSDT
Bulk BTC-USD
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Hibachi BTC/USDT-P
Aftermath Perps BTCUSD