Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.020%
Price spread now: GRVT against Pacifica+0.156%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$200.196% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.172%−$17 · spread now +0.156%, 7d avg −0.020%
=Together, before fees−0.214%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board−$21 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 0.176% dearer against Pacifica than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica BTC | 85,700.8 | 0.0100 | pay 0.0013% / 1h | 55m 06s | $40.7M | $566.3M | 50x |
| Short | GRVT BTC_USDT_Perp | 85,834.8 | 0.0100 | get 0.0100% / 8h | 6h 55m | $215.6M | $161.8M | 50x |
Pacifica BTC
GRVT BTC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Pacifica. 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: +0.156% → −0.020%
- $17.59
- Slippage, 4 orders
- −$2.58
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1.99
- Costs to cover
- 0.196%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; GRVT: 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 Pacifica live order book, 4 min ago | 0.06 bp | 4.1 bp −$4 | 4.1 bp −$41 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.01 bp | 4.5 bp −$5 | 4.5 bp −$45 | 4.8 bp −$484 | 8.7 bp −$4,375 |
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix BTC | −0.0129% | 1h | 85,740 | +0.046% | $2.2M | $10.5M | 40x | as long as short |
| Hotstuff BTC-PERP | −0.0080% | 1h | 85,699 | −0.002% | $8K | $3K | 50x | as long as short |
| 01 Exchange BTCUSD | −0.0056% | 1h | 85,662.7 | −0.044% | $364K | $2.3M | 50x | as long as short |
| ApeX Omni BTCUSDT | −0.0038% | 1h | 85,878.6 | +0.207% | $140.4M | $320.6M | 100x | as long as short |
| dYdX BTC-USD | 0.0000% | 1h | 85,703.4 | +0.003% | $16.8M | $20.5M | 50x | as long as short |
| Perpl BTC | 0.0000% | 43m | 85,705.5 | +0.005% | $515K | $21.3M | 6.7x | as long as short |
| gTrade (Gains Network) BTC/USD | L +0.0004% / S −0.0004% | 1h | 85,669.3 | −0.037% | $36.6M | — | 200x | as long as short |
| Injective BTC/USDC PERP | +0.0020% | 1h | 85,810 | +0.127% | $341K | $26.9M | 52x | as long as short |
| Aster BTCUSDT | +0.0028% | 8h | 85,651.9 | −0.057% | $497.4M | $1.13B | 200x | as long as short |
| HTX BTC-USDT | +0.0036% | 8h | 85,648.7 | −0.061% | $2.27B | $965.9M | 200x | as long as short |
Phoenix BTC
Hotstuff BTC-PERP
01 Exchange BTCUSD
ApeX Omni BTCUSDT
dYdX BTC-USD
Perpl BTC
gTrade (Gains Network) BTC/USD
Injective BTC/USDC PERP
Aster BTCUSDT
HTX BTC-USDTShow all 56 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin BTC-USDT | +0.0039% | 8h | 85,659 | −0.049% | $412.9M | $654.9M | 150x | as long as short |
| KuCoin XBTUSDTM | +0.0044% | 8h | 85,655.6 | −0.053% | $811.5M | $723.2M | 125x | as long as short |
| RISEx BTC/USDC | +0.0044% | 1h | 85,679.3 | −0.025% | $8.1M | $42.6M | 25x | as long as short |
| Reya BTCRUSDPERP | +0.0052% | 1h | 85,644.6 | −0.066% | $6.7M | $145.9M | 40x | as long as short |
| BingX BTC-USDT | +0.0052% | 8h | 85,662.7 | −0.044% | — | $1.59B | — | as long as short |
| SoDEX BTC-USD | +0.0057% | 1h | 85,659 | −0.049% | $60.0M | $338.2M | 40x | as long as short |
| Bitget BTCUSDT | +0.0065% | 8h | 85,662.4 | −0.045% | $2.94B | $5.11B | 150x | as long as short |
| Binance BTCUSDT | +0.0080% | 8h | 85,651.9 | −0.057% | $9.31B | $24.51B | 150x | as long as short |
| MEXC BTC_USDT | +0.0080% | 8h | 85,659.9 | −0.048% | $5.07B | $5.63B | 500x | as long as short |
| Aevo BTC-PERP | +0.0080% | 1h | 85,662 | −0.045% | $2.5M | $1.8M | 20x | as long as short |
| Gate BTC_USDT | +0.0084% | 8h | 85,662.8 | −0.044% | $5.67B | $10.29B | 200x | as long as short |
| Lighter BTC | +0.0096% | 1h | 85,671.5 | −0.034% | $169.7M | $971.4M | 50x | as long as short |
| Lighter RH BTC | +0.0096% | 1h | 85,677.6 | −0.027% | $23.2M | $144.7M | 50x | as long as short |
| Popdex BTCUSDT | +0.0096% | 1h | 85,662 | −0.045% | $8.4M | $52.4M | 100x | as long as short |
| Deribit BTC-PERPETUAL | +0.0098% | 1h | 85,702.2 | +0.002% | $898.8M | $1.52B | 50x | as long as short |
| Katana Perps BTC-USD | +0.0100% | 8h | 85,648 | −0.062% | $197K | $7.4M | 50x | as long as short |
| Paradex BTC-USD-PERP | +0.0100% | 8h | 85,710.9 | +0.012% | $3.8M | $8.8M | 50x | as long as short |
| Nado BTC-PERP | +0.0100% | 1h | 85,666.9 | −0.040% | $21.9M | $227.9M | 50x | as long as short |
| Hyperliquid BTC | +0.0100% | 1h | 85,719 | +0.021% | $3.75B | $5.03B | 40x | as long as short |
| Pacifica BTClong | +0.0100% | 1h | 85,700.8 | long leg | $40.7M | $566.3M | 50x | |
| Bybit BTCUSDT | +0.0100% | 8h | 85,672.3 | −0.033% | $5.24B | $9.77B | 150x | as long as short |
| OKX BTC-USDT-SWAP | +0.0100% | 8h | 85,673.3 | −0.032% | $2.53B | $12.50B | 100x | as long as short |
| Ondo Perps BTC-USD.P | +0.0100% | 1h | 85,669 | −0.037% | $3.9M | $17.8M | 25x | as long as short |
| Arcus BTC-USD | +0.0100% | 1h | 85,662.5 | −0.045% | $7.0M | $97.4M | 40x | as long as short |
| Bulk BTC-USD | +0.0100% | 1h | 85,888.3 | +0.219% | $579.3M | $92.3M | 40x | as long as short |
| Backpack BTC_USDC_PERP | +0.0100% | 1h | 85,651.3 | −0.058% | $35.1M | $162.3M | 75x | as long as short |
| Variational Omni BTC | +0.0100% | 8h | 85,711.3 | +0.012% | $155.5M | $555.5M | — | as long as short |
| edgeX BTCUSDC | +0.0100% | 4h | 85,859.5 | +0.185% | $277.9M | $937.0M | 100x | as long as short |
| GRVT BTC_USDT_Perpshort | +0.0100% | 8h | 85,834.8 | +0.156% | $215.6M | $161.8M | 50x | |
| StandX BTC-USD | +0.0100% | 1h | 85,864.6 | +0.191% | $30.4M | $206.0M | 40x | as long as short |
| Vest BTC-PERP | +0.0100% | 1h | 85,736.8 | +0.042% | — | $11.8M | 50x | as long as short |
| Polymarket Perps BTC-USD | +0.0100% | 1h | 85,662 | −0.045% | $11.0M | $14.2M | 50x | as long as short |
| Bullet BTC-USD | +0.0100% | 1h | 85,658 | −0.050% | $190K | $3.3M | 20x | as long as short |
| Orderly PERP_BTC_USDC | +0.0100% | 8h | 85,668.8 | −0.037% | $2.4M | $9.1M | 100x | as long as short |
| Bluefin BTC-PERP | +0.0100% | 1h | 85,725.4 | +0.029% | $185K | $708K | 40x | as long as short |
| Derive BTC-PERP | +0.0100% | 1h | 85,678.7 | −0.026% | $29.9M | $57.4M | 15x | as long as short |
| SunX BTC-USDT | +0.0100% | 8h | 85,626.6 | −0.087% | $3.2M | $5.7M | 100x | as long as short |
| Phemex BTCUSDT | +0.0100% | 8h | 85,671.7 | −0.034% | $153.7M | $475.2M | 150x | as long as short |
| Extended BTC-USD | +0.0104% | 1h | 85,634.2 | −0.078% | $45.3M | $225.1M | 50x | as long as short |
| Jupiter Perps WBTC-PERP | L +0.0104% / S +0.0056% | 1h | 85,695.2 | −0.007% | — | $101.2M | 500x | as long as short |
| Coinbase International BTC-PERP-INTX | +0.0112% | 1h | 85,693 | −0.009% | $131.4M | $5.25B | 50x | as long as short |
| Hibachi BTC/USDT-P | +0.0120% | 1h | 85,744 | +0.050% | $707K | $8.0M | 30x | as long as short |
| Kraken Futures PF_XBTUSD | +0.0146% | 1h | 85,690.6 | −0.012% | $185.8M | $963.8M | 100x | as long as short |
| Aftermath Perps BTCUSD | +0.0158% | 1h | 85,892.3 | +0.223% | $77K | $217K | 20x | as long as short |
| Kalshi KXBTCPERP | +0.0203% | 8h | 85,698 | −0.003% | $9.9M | $768.0M | 6.4x | as long as short |
| GMX BTC/USD [WBTC.b-USDC] | L +0.0204% / S −0.0197% | 1h | 85,664.3 | −0.043% | $13.8M | — | 200x | as long as short |
BloFin BTC-USDT
KuCoin XBTUSDTM
RISEx BTC/USDC
Reya BTCRUSDPERP
BingX BTC-USDT
SoDEX BTC-USD
Bitget BTCUSDT
Binance BTCUSDT
MEXC BTC_USDT
Aevo BTC-PERP
Gate BTC_USDT
Lighter BTC
Lighter RH BTC
Popdex BTCUSDT
Deribit BTC-PERPETUAL
Katana Perps BTC-USD
Paradex BTC-USD-PERP
Nado BTC-PERP
Hyperliquid BTC
Bybit BTCUSDT
OKX BTC-USDT-SWAP
Ondo Perps BTC-USD.P
Arcus BTC-USD
Bulk BTC-USD
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
Derive BTC-PERP
SunX BTC-USDT
Phemex BTCUSDT
Extended BTC-USD
Jupiter Perps WBTC-PERP
Coinbase International BTC-PERP-INTX
Hibachi BTC/USDT-P
Kraken Futures PF_XBTUSD
Aftermath Perps BTCUSD
Kalshi KXBTCPERP
GMX BTC/USD [WBTC.b-USDC]