CC

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%

Price spread now: GRVT against BloFin+0.277%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs−$158as in the Funding arb table

Net, price: spread back to 7d avg − costs−$107as in the Price arb table

costs, in and out, $10k−$1261.259% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.317%−$32 on $10k

Price spread, last 4 days (all we have)−0.370%−$37 · spread now +0.277%, 7d avg +0.089%

Together, before fees−0.687%+ Points / potential airdropGRVT: Active · farm board−$69 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.188% dearer against BloFin than usual: you sell high and buy low (spread +0.277% now, against its 7-day average of +0.089%): +$19 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin CC-USDT	0.1174	0.0340	pay 0.0170% / 4h	2h 39m	$595K	$98K	75x
Short	GRVT CC_USDT_Perp	0.1178	0.0100	get 0.0050% / 4h	2h 39m	$82K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now +0.277%Rate

Funding earned: −$50.4
Price spread: +0.277% → +0.089%: $18.79
Slippage, 4 orders: −$104.89
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$157.5
Costs to cover: 1.259%
Break-even: never at this rate

Slippage from BloFin: live order book, 52 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 BloFin live order book, 52 min ago	2.55 bp	16.1 bp −$16	46.8 bp −$468	doesn't fit	doesn't fit
Sell GRVT live order book, 4 min ago	3.40 bp	59.5 bp −$59	doesn't fit	doesn't fit	doesn't fit

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
Bybit CCUSDT	−0.0470%	4h	0.1172	−0.162%	$10.7M	$3.8M	25x	as long as short
MEXC CC_USDT	−0.0470%	4h	0.1173	−0.145%	$1.8M	$332K	100x	as long as short
Injective CC/USDC PERP	+0.0033%	1h	0.1180	+0.485%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERP	+0.0083%	8h	0.1172	−0.154%	$1K	—	5x	as long as short
Hyperliquid CC	+0.0100%	1h	0.1174	+0.009%	$5.5M	$1.3M	3x	as long as short
Aster CCUSDT	+0.0100%	4h	0.1174	−0.057%	$35K	$32K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1172	−0.200%	$11.0M	$11.8M	75x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1173	−0.128%	$2.5M	$3.1M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1172	−0.162%	$364K	$206K	50x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1174	0.000%	$484K	$104K	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CCUSDT	+0.0100%	4h	0.1174	−0.009%	$919K	$770K	20x	as long as short
BingX CC-USDT	+0.0100%	4h	0.1173	−0.136%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1173	−0.111%	$15K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1175	+0.031%	$599K	$56K	—	as long as short
GRVT CC_USDT_Perpshort	+0.0100%	4h	0.1178	+0.277%	$82K	$2.6M	10x
Derive CC-PERP	+0.0100%	1h	0.1172	−0.162%	$6K	$33K	6.7x	as long as short
BloFin CC-USDTlong	+0.0340%	4h	0.1174	long leg	$595K	$98K	75x
GMX CC/USD [WBTC.b-USDC]	L +0.0449% / S −0.0241%	1h	0.1173	−0.074%	$44K	—	50x	as long as short
Lighter CC	+0.0648%	1h	0.1178	+0.281%	$252K	$170K	5x	as long as short