Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against Ondo Perps−0.114%7-day average −0.012% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.246%+$25 · spread now −0.114%, 7d avg −0.012%
=Together, before fees+0.215%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.102% cheaper against Ondo Perps than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.012%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps BTC-USD.P | 85,515 | 0.0100 | pay 0.0013% / 1h | 38m 55s | $3.9M | $17.4M | 25x |
| Short | GRVT BTC_USDT_Perp | 85,417.2 | 0.0100 | get 0.0100% / 8h | 7h 38m | $214.5M | $154.9M | 50x |
Ondo Perps BTC-USD.P
GRVT BTC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Ondo Perps. 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: −0.114% → −0.012%
- −$10.21
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$24.21
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GRVT: 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 5.2 bp −$515 | 9.1 bp −$4,547 |
Ondo Perps: 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.
BTC on 56 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 | |
|---|---|---|---|---|---|---|---|---|
| Bluefin BTC-PERP | −0.2159% | 1h | 85,531.7 | +0.020% | $194K | $796K | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,432 | −0.097% | $8K | $2K | 50x | as long as short |
| BloFin BTC-USDT | −0.0020% | 8h | 85,480.2 | −0.041% | $423.0M | $682.1M | 150x | as long as short |
| Injective BTC/USDC PERP | −0.0006% | 1h | 85,438 | −0.090% | $307K | $24.3M | 52x | as long as short |
| 01 Exchange BTCUSD | 0.0000% | 1h | 85,505.1 | −0.012% | $346K | $2.3M | 50x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,498.1 | −0.020% | $36.6M | — | 200x | as long as short |
| KuCoin XBTUSDTM | +0.0012% | 8h | 85,468.4 | −0.054% | $937.3M | $776.4M | 125x | as long as short |
| Aster BTCUSDT | +0.0031% | 8h | 85,464.7 | −0.059% | $502.8M | $1.08B | 200x | as long as short |
| dYdX BTC-USD | +0.0055% | 1h | 85,468.3 | −0.055% | $16.7M | $21.0M | 50x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0068% | 1h | 85,494.3 | −0.024% | $186.3M | $947.0M | 100x | as long as short |
Bluefin BTC-PERP
Hotstuff BTC-PERP
BloFin BTC-USDT
Injective BTC/USDC PERP
01 Exchange BTCUSD
gTrade (Gains Network) BTC/USD
KuCoin XBTUSDTM
Aster BTCUSDT
dYdX BTC-USD
Kraken Futures PF_XBTUSDShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | +0.0075% | 1h | 85,484 | −0.036% | $2.3M | $10.4M | 40x | as long as short |
| BingX BTC-USDT | +0.0080% | 8h | 85,481.7 | −0.039% | — | $1.58B | — | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,493.5 | −0.025% | $170.5M | $943.7M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,494.9 | −0.024% | $23.6M | $134.1M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,495 | −0.023% | $8.7M | $58.5M | 100x | as long as short |
| Aevo BTC-PERP | +0.0096% | 1h | 85,479.2 | −0.042% | $2.4M | $6.7M | 20x | as long as short |
| Nado BTC-PERP | +0.0097% | 1h | 85,491.4 | −0.028% | $24.1M | $217.4M | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,471 | −0.051% | $266K | $8.8M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,526.8 | +0.014% | $5.7M | $9.6M | 50x | as long as short |
| Pacifica BTC | +0.0100% | 1h | 85,522.9 | +0.009% | $40.5M | $604.9M | 50x | as long as short |
| Binance BTCUSDT | +0.0100% | 8h | 85,480.1 | −0.041% | $9.41B | $25.10B | 150x | as long as short |
| Bybit BTCUSDT | +0.0100% | 8h | 85,487.9 | −0.032% | $5.09B | $9.99B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,483.2 | −0.037% | $2.61B | $12.21B | 100x | as long as short |
| Ondo Perps BTC-USD.Plong | +0.0100% | 1h | 85,515 | long leg | $3.9M | $17.4M | 25x | |
| Arcus BTC-USD | +0.0100% | 1h | 85,511.4 | −0.004% | $4.6M | $97.5M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,453 | −0.073% | $700.3M | $171.9M | 40x | as long as short |
| Gate BTC_USDT | +0.0100% | 8h | 85,478.2 | −0.043% | $5.51B | $9.89B | 200x | as long as short |
| MEXC BTC_USDT | +0.0100% | 8h | 85,468.6 | −0.054% | $5.05B | $5.73B | 500x | as long as short |
| Bitget BTCUSDT | +0.0100% | 8h | 85,466.9 | −0.056% | $2.98B | $5.17B | 150x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,474.2 | −0.048% | $37.8M | $193.7M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,426.7 | −0.103% | $156.0M | $543.6M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,437.3 | −0.091% | $283.3M | $960.2M | 100x | as long as short |
| GRVT BTC_USDT_Perpshort | +0.0100% | 8h | 85,417.2 | −0.114% | $214.5M | $154.9M | 50x | |
| ApeX Omni BTCUSDT | +0.0100% | 1h | 85,433.9 | −0.095% | $136.7M | $312.2M | 100x | as long as short |
| StandX BTC-USD | +0.0100% | 1h | 85,423 | −0.108% | $30.1M | $218.7M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,558.5 | +0.051% | — | $10.4M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,510 | −0.006% | $10.9M | $14.8M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,497 | −0.021% | $198K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,489.8 | −0.029% | $2.7M | $9.9M | 100x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,494.5 | −0.024% | $3.0M | $6.8M | 100x | as long as short |
| SoDEX BTC-USD | +0.0100% | 1h | 85,481 | −0.040% | $59.8M | $336.5M | 40x | as long as short |
| HTX BTC-USDT | +0.0100% | 8h | 85,494 | −0.025% | $2.26B | $974.0M | 200x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,489.3 | −0.030% | $161.6M | $517.5M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,445.9 | −0.081% | $45.8M | $241.5M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,494.3 | −0.024% | — | $107.3M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,525.9 | +0.013% | $111.8M | $5.46B | 50x | as long as short |
| Reya BTCRUSDPERP | +0.0148% | 1h | 85,475.8 | −0.046% | $6.6M | $138.6M | 40x | as long as short |
| Derive BTC-PERP | +0.0161% | 1h | 85,508.7 | −0.007% | $28.9M | $52.4M | 15x | as long as short |
| Hyperliquid BTC | +0.0173% | 1h | 85,559 | +0.051% | $3.84B | $5.13B | 40x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0174% / S −0.0148% | 1h | 85,493.4 | −0.025% | $13.0M | — | 200x | as long as short |
| Kalshi KXBTCPERP | +0.0192% | 8h | 85,514 | −0.001% | $10.6M | $738.5M | 6.4x | as long as short |
| RISEx BTC/USDC | +0.0194% | 1h | 85,514.6 | 0.000% | $8.9M | $42.6M | 25x | as long as short |
| Deribit BTC-PERPETUAL | +0.0231% | 1h | 85,533 | +0.021% | $827.9M | $1.66B | 50x | as long as short |
| Aftermath Perps BTCUSD | +0.0308% | 1h | 85,508.7 | −0.007% | $81K | $248K | 20x | as long as short |
| Hibachi BTC/USDT-P | +0.0352% | 1h | 85,487.4 | −0.032% | $688K | $7.7M | 30x | as long as short |
| Perpl BTC | +0.0447% | 43m | 85,499.1 | −0.019% | $467K | $18.1M | 6.7x | as long as short |
Phoenix BTC
BingX BTC-USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Aevo BTC-PERP
Nado BTC-PERP
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Pacifica BTC
Binance BTCUSDT
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Arcus BTC-USD
Bulk BTC-USD
Gate BTC_USDT
MEXC BTC_USDT
Bitget BTCUSDT
Backpack BTC_USDC_PERP
Variational Omni BTC
edgeX BTCUSDC
ApeX Omni BTCUSDT
StandX BTC-USD
Vest BTC-PERP
Polymarket Perps BTC-USD
Bullet BTC-USD
Orderly PERP_BTC_USDC
SunX BTC-USDT
SoDEX BTC-USD
HTX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Reya BTCRUSDPERP
Derive BTC-PERP
Hyperliquid BTC
GMX BTC/USD [WBTC.b-USDC]
Kalshi KXBTCPERP
RISEx BTC/USDC
Deribit BTC-PERPETUAL
Aftermath Perps BTCUSD
Hibachi BTC/USDT-P
Perpl BTC