Funding arb · Price arb /

CC

all CC markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.2% APRpaid last 24h +0.001%

Price spread now: GRVT against Paradex+0.027%51s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · GRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.027% dearer against Paradex than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex CC-USD-PERP	0.1197	0.0099	pay 0.0099% / 8h	7h 39m	$1K	—	5x
Short	GRVT CC_USDT_Perp	0.1197	0.0100	get 0.0050% / 4h	3h 39m	$87K	$3.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Paradex. 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 ParadexbpFee GRVTbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0.3
Price spread: +0.027% → 0.000%: $2.74
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$9.96
Costs to cover: 0.130%
Break-even: 239.0 days

Slippage unknown: Paradex: no order-book sample; GRVT: live order book, 4 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 Paradex no order-book sample	—	—	—	—	—
Sell GRVT live order book, 4 min ago	3.34 bp	48.5 bp −$48	doesn't fit	doesn't fit	doesn't fit

Paradex: 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	+0.0033%	1h	0.1180	−1.405%	$402	$3K	5.5x	as long as short
Paradex CC-USD-PERPlong	+0.0099%	8h	0.1197	long leg	$1K	—	5x
Aster CCUSDT	+0.0100%	4h	0.1197	+0.019%	$35K	$27K	20x	as long as short
Binance CCUSDT	+0.0100%	4h	0.1196	−0.042%	$11.3M	$12.0M	75x	as long as short
Bybit CCUSDT	+0.0100%	4h	0.1197	−0.002%	$11.0M	$3.7M	25x	as long as short
OKX CC-USDT-SWAP	+0.0100%	4h	0.1197	+0.040%	$2.6M	$3.0M	20x	as long as short
Gate CC_USDT	+0.0100%	4h	0.1196	−0.102%	$366K	$168K	50x	as long as short
MEXC CC_USDT	+0.0100%	4h	0.1197	−0.027%	$1.8M	$352K	100x	as long as short
KuCoin CCUSDTM	+0.0100%	4h	0.1197	+0.049%	$494K	$99K	50x	as long as short
Bitget CCUSDT	+0.0100%	4h	0.1197	+0.049%	$930K	$744K	20x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX CC-USDT	+0.0100%	4h	0.1197	+0.040%	—	$6.6M	—	as long as short
Backpack CC_USDC_PERP	+0.0100%	1h	0.1196	−0.035%	$16K	$22K	10x	as long as short
Variational Omni CC	+0.0100%	4h	0.1196	−0.039%	$610K	$55K	—	as long as short
GRVT CC_USDT_Perpshort	+0.0100%	4h	0.1197	+0.027%	$87K	$3.1M	10x
Derive CC-PERP	+0.0100%	1h	0.1195	−0.134%	$6K	$33K	6.7x	as long as short
BloFin CC-USDT	+0.0340%	4h	0.1195	−0.119%	$605K	$103K	75x	as long as short
GMX CC/USD [WBTC.b-USDC]	L +0.0454% / S −0.0241%	1h	0.1198	+0.062%	$45K	—	50x	as long as short
Hyperliquid CC	+0.0516%	1h	0.1200	+0.232%	$5.6M	$1.3M	3x	as long as short
Lighter CC	+0.0952%	1h	0.1202	+0.416%	$256K	$169K	5x	as long as short