Settings8H · net · $10k
Funding arb · Price arb /

CC

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.053%
Price spread now: Hyperliquid against GRVT−0.156%85s7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.959% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.164%+$16 on $10k
Price spread, last 7 days+0.323%+$32 · spread now −0.156%, 7d avg +0.068%
Together, before fees+0.487%+ Points / potential airdropGRVT: Active · Hyperliquid: Season 2 · farm board+$49 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: Hyperliquid is 0.224% cheaper against GRVT than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of +0.068%. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT CC_USDT_Perp0.11700.0100pay 0.0050% / 4h57m 56s$90K$2.4M10x
ShortHyperliquid CC0.11680.0100get 0.0013% / 1h57m 56s$5.5M$1.4M3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against GRVT. 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

Funding earned
$0
Price spread: −0.156% → +0.068%
−$22.37
Slippage, 4 orders
−$77.94
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$118.31
Costs to cover
0.959%
Break-even
never at this rate
Slippage from GRVT: live order book, 6 min ago; Hyperliquid: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 6 min ago2.99 bp55.9 bp −$56doesn't fitdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 4 min ago1.71 bp9.8 bp −$10doesn't fitdoesn't fitdoesn't fit

CC on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective CC/USDC PERP−0.3024%1h0.1180+0.878%$402$3K5.5xas long as short
Bybit CCUSDT−0.0143%4h0.1166−0.336%$10.6M$3.8M25xas long as short
MEXC CC_USDT−0.0136%4h0.1166−0.353%$1.7M$323K100xas long as short
Paradex CC-USD-PERP+0.0098%8h0.1170+0.014%$1K5xas long as short
Hyperliquid CCshort+0.0100%1h0.1168−0.156%$5.5M$1.4M3x
Aster CCUSDT+0.0100%4h0.1169−0.042%$34K$32K20xas long as short
Binance CCUSDT+0.0100%4h0.1165−0.370%$11.0M$12.1M75xas long as short
OKX CC-USDT-SWAP+0.0100%4h0.1166−0.318%$2.5M$3.4M20xas long as short
Gate CC_USDT+0.0100%4h0.1166−0.327%$361K$216K50xas long as short
KuCoin CCUSDTM+0.0100%4h0.1168−0.173%$481K$122K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CCUSDT+0.0100%4h0.1166−0.310%$913K$774K20xas long as short
BingX CC-USDT+0.0100%4h0.1166−0.310%$6.6Mas long as short
Backpack CC_USDC_PERP+0.0100%1h0.1166−0.327%$15K$22K10xas long as short
Variational Omni CC+0.0100%4h0.1170−0.010%$595K$55Kas long as short
GRVT CC_USDT_Perplong+0.0100%4h0.1170long leg$90K$2.4M10x
Derive CC-PERP+0.0100%1h0.1167−0.270%$6K$35K6.7xas long as short
BloFin CC-USDT+0.0340%4h0.1168−0.156%$597K$98K75xas long as short
GMX CC/USD [WBTC.b-USDC]L +0.0447% / S −0.0241%1h0.1169−0.104%$44K50xas long as short
Lighter CC+0.0592%1h0.1172+0.220%$243K$160K5xas long as short