Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.019%
Price spread now: GRVT against Backpack+0.220%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.220% dearer against Backpack than usual: you sell high and buy low, +$22 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack CC_USDC_PERP | 0.1155 | 0.0100 | pay 0.0013% / 1h | 57m 27s | $16K | $22K | 10x |
| Short | GRVT CC_USDT_Perp | 0.1157 | 0.0100 | get 0.0050% / 4h | 1h 57m | $85K | $2.2M | 10x |
Backpack CC_USDC_PERP
GRVT CC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Backpack. 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: +0.220% → 0.000%
- $22.02
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $3.02
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Backpack: no order-book sample; GRVT: live order book, 1 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 Backpack no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 1 min ago | 3.03 bp | 16.4 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
Backpack: 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.
CC on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective CC/USDC PERP | −0.3951% | 1h | 0.1146 | −0.771% | $6K | $96 | 5.5x | as long as short |
| Gate CC_USDT | +0.0008% | 4h | 0.1154 | −0.087% | $359K | $207K | 50x | as long as short |
| MEXC CC_USDT | +0.0070% | 4h | 0.1155 | −0.009% | $1.6M | $293K | 100x | as long as short |
| Bybit CCUSDT | +0.0076% | 4h | 0.1155 | 0.000% | $10.4M | $3.7M | 25x | as long as short |
| Paradex CC-USD-PERP | +0.0088% | 8h | 0.1156 | +0.058% | $1K | — | 5x | as long as short |
| Hyperliquid CC | +0.0100% | 1h | 0.1157 | +0.182% | $5.4M | $1.3M | 3x | as long as short |
| Aster CCUSDT | +0.0100% | 4h | 0.1156 | +0.122% | $34K | $39K | 20x | as long as short |
| Binance CCUSDT | +0.0100% | 4h | 0.1155 | +0.009% | $11.0M | $10.9M | 75x | as long as short |
| OKX CC-USDT-SWAP | +0.0100% | 4h | 0.1156 | +0.095% | $2.5M | $3.3M | 20x | as long as short |
| KuCoin CCUSDTM | +0.0100% | 4h | 0.1156 | +0.104% | $488K | $114K | 50x | as long as short |
Injective CC/USDC PERP
Gate CC_USDT
MEXC CC_USDT
Bybit CCUSDT
Paradex CC-USD-PERP
Hyperliquid CC
Aster CCUSDT
Binance CCUSDT
OKX CC-USDT-SWAP
KuCoin CCUSDTMShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CCUSDT | +0.0100% | 4h | 0.1156 | +0.069% | $927K | $792K | 20x | as long as short |
| BingX CC-USDT | +0.0100% | 4h | 0.1155 | +0.017% | — | $6.6M | — | as long as short |
| Backpack CC_USDC_PERPlong | +0.0100% | 1h | 0.1155 | long leg | $16K | $22K | 10x | |
| Variational Omni CC | +0.0100% | 4h | 0.1156 | +0.104% | $577K | $43K | — | as long as short |
| GRVT CC_USDT_Perpshort | +0.0100% | 4h | 0.1157 | +0.220% | $85K | $2.2M | 10x | |
| Derive CC-PERP | +0.0100% | 1h | 0.1155 | −0.016% | $7K | $35K | 6.7x | as long as short |
| BloFin CC-USDT | +0.0340% | 4h | 0.1157 | +0.139% | $584K | $104K | 75x | as long as short |
| GMX CC/USD [WBTC.b-USDC] | L +0.0440% / S −0.0239% | 1h | 0.1156 | +0.104% | $43K | — | 50x | as long as short |
| Lighter CC | +0.1104% | 1h | 0.1160 | +0.450% | $232K | $148K | 5x | as long as short |
Bitget CCUSDT
BingX CC-USDT
Variational Omni CC
Derive CC-PERP
BloFin CC-USDT
GMX CC/USD [WBTC.b-USDC]
Lighter CC