Funding you earn now, next payment 05:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.076%
Price spread now: Coinbase International against GRVT+0.451%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1661.659% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.451%, 7d avg +0.158%
=Together, before fees−0.122%+ Points / potential airdropGRVT: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.292% dearer against GRVT than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of +0.158%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT CFX_USDT_Perp | 0.05292 | 0.0100 | pay 0.0100% / 8h | 2h 42m | $501K | $1.6M | 10x |
| Short | Coinbase International CFX-PERP-INTX | 0.05316 | 0.0208 | get 0.0026% / 1h | 42m 53s | $41K | $121K | 50x |
GRVT CFX_USDT_Perp
Coinbase International CFX-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against GRVT. 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
- $22.68
- Price spread: +0.451% → +0.158%
- $29.22
- Slippage, 4 orders
- −$146.9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$114
- Costs to cover
- 1.659%
- Break-even
- 42.2 days
Slippage from GRVT: live order book, 5 min ago; Coinbase International: 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 GRVT live order book, 5 min ago | 2.83 bp | 12.6 bp −$13 | 4172.4 bp −$41.7K | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 12.30 bp | 17.3 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CFXUSDT | +0.0100% | 8h | 0.05282 | −0.188% | $4K | $41K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05282 | −0.188% | $5.2M | $9.9M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05282 | −0.192% | $2.4M | $1.3M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05281 | −0.211% | $2.5M | $5.5M | 20x | as long as short |
| Gate CFX_USDT | +0.0100% | 8h | 0.05281 | −0.211% | $1.1M | $2.4M | 50x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05278 | −0.267% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05284 | −0.154% | $801K | $301K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05279 | −0.248% | $1.5M | $1.4M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05282 | −0.192% | — | $20.1M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05291 | −0.030% | $35K | $52K | — | as long as short |
Aster CFXUSDT
Binance CFXUSDT
Bybit CFXUSDT
OKX CFX-USDT-SWAP
Gate CFX_USDT
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_Perplong | +0.0100% | 8h | 0.05292 | long leg | $501K | $1.6M | 10x | |
| Extended CFX-USD | +0.0104% | 1h | 0.05276 | −0.302% | $4K | $287K | 10x | as long as short |
| Coinbase International CFX-PERP-INTXshort | +0.0208% | 1h | 0.05316 | +0.451% | $41K | $121K | 50x | |
| Kraken Futures PF_CFXUSD | +0.0615% | 1h | 0.05280 | −0.235% | $32K | $11K | 20x | as long as short |
| Hyperliquid CFX | +0.0871% | 1h | 0.05287 | −0.092% | $3.1M | $377K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.2024% | 1h | 0.05289 | −0.060% | $140 | $29 | 10x | as long as short |
Extended CFX-USD
Kraken Futures PF_CFXUSD
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL