Funding you earn now, next payment 23:00 UTC−0.1891%/8h= −207.1% APRpaid last 24h −0.596%
Price spread now: GRVT against Deribit−0.335%75s7-day average — · you buy dearer than you sell
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
=Both sides work against this trade now: funding costs −$57 a day on $10k at the current rate, and GRVT is 0.335% cheaper against Deribit than usual: you would sell low and buy high (−$34 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | Deribit CFX_USDC-PERPETUAL | 0.05366 | 0.1991 | pay 0.0249% / 1h | 39m 46s | $142 | $29 | 10x |
| Short | GRVT CFX_USDT_Perp | 0.05348 | 0.0100 | get 0.0100% / 8h | 1h 39m | $512K | $2.0M | 10x |
Deribit CFX_USDC-PERPETUAL
GRVT CFX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Deribit. 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
- −$397.18
- Price spread: −0.335% → 0.000%
- −$33.54
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$446.72
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Deribit: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 4 min ago | 2.80 bp | 21.9 bp −$22 | 71.9 bp −$719 | doesn't fit | doesn't fit |
Deribit: 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.
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 | +0.0033% | 8h | 0.05351 | −0.280% | $1.1M | $3.0M | 50x | as long as short |
| Aster CFXUSDT | +0.0100% | 8h | 0.05354 | −0.225% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05353 | −0.245% | $5.4M | $11.2M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05355 | −0.205% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05352 | −0.261% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05352 | −0.261% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05353 | −0.242% | $886K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05351 | −0.280% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05355 | −0.205% | — | $20.7M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05356 | −0.179% | $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 | 0.05348 | −0.335% | $512K | $2.0M | 10x | |
| Extended CFX-USD | +0.0104% | 1h | 0.05353 | −0.247% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0392% | 1h | 0.05366 | 0.000% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0734% | 1h | 0.05363 | −0.061% | $3.2M | $405K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUALlong | +0.1991% | 1h | 0.05366 | long leg | $142 | $29 | 10x | |
| Kraken Futures PF_CFXUSD | +0.2041% | 1h | 0.05362 | −0.076% | $33K | $23K | 20x | as long as short |
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Kraken Futures PF_CFXUSD