Funding you earn now, next payment 23:00 UTC−0.0300%/8h= −32.8% APRpaid last 24h −0.096%
Price spread now: GRVT against Coinbase International−0.167%76s7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 3 days (all we have)+0.114%+$11 · spread now −0.167%, 7d avg −0.161%
=Together, before fees−0.149%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.161%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 76 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 | Coinbase International CFX-PERP-INTX | 0.05361 | 0.0400 | pay 0.0050% / 1h | 58m 18s | $35K | $197K | 50x |
| Short | GRVT CFX_USDT_Perp | 0.05352 | 0.0100 | get 0.0100% / 8h | 58m 18s | $512K | $1.9M | 10x |
Coinbase International CFX-PERP-INTX
GRVT CFX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Coinbase International. 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
- −$63
- Price spread: −0.167% → −0.161%
- −$0.64
- Slippage, 4 orders
- −$100.17
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$182.81
- Costs to cover
- 1.192%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 19 min ago; GRVT: live order book, 5 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 Coinbase International live order book, 19 min ago | 14.99 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 2.80 bp | 30.3 bp −$30 | 74.3 bp −$743 | doesn't fit | doesn't fit |
CFX on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CFX_USDT | +0.0082% | 8h | 0.05364 | +0.056% | $1.1M | $2.9M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05365 | +0.079% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05368 | +0.126% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05368 | +0.131% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05364 | +0.056% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05368 | +0.131% | $3.4M | $1.7M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05362 | +0.019% | $888K | $296K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05367 | +0.112% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05367 | +0.112% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05353 | −0.144% | $38K | $41K | — | as long as short |
Gate CFX_USDT
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
MEXC CFX_USDT
KuCoin CFXUSDTM
Bitget CFXUSDT
BingX CFX-USDT
Variational Omni CFXShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CFX_USDT_Perpshort | +0.0100% | 8h | 0.05352 | −0.167% | $512K | $1.9M | 10x | |
| Extended CFX-USD | +0.0104% | 1h | 0.05366 | +0.091% | $133 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXlong | +0.0400% | 1h | 0.05361 | long leg | $35K | $197K | 50x | |
| Hyperliquid CFX | +0.0743% | 1h | 0.05381 | +0.375% | $3.2M | $404K | 5x | as long as short |
| Kraken Futures PF_CFXUSD | +0.1106% | 1h | 0.05375 | +0.255% | $33K | $23K | 20x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1799% | 1h | 0.05379 | +0.336% | $142 | $29 | 10x | as long as short |
Extended CFX-USD
Hyperliquid CFX
Kraken Futures PF_CFXUSD
Deribit CFX_USDC-PERPETUAL