Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.88 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against GRVT+0.056%66s7-day average −0.099% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as 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−$870.870% of the position
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.056%, 7d avg −0.099%
=Together, before fees−0.270%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.155% dearer against GRVT than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.099%): +$15 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.9 days. At the pace of the last 7 days (−0.069% in total) that is about 16 days. The two prices were read 66 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 | GRVT CFX_USDT_Perp | 0.05335 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $506K | $2.0M | 10x |
| Short | Gate CFX_USDT | 0.05338 | 0.0012 | get 0.0012% / 8h | 1h 56m | $1.1M | $3.0M | 50x |
GRVT CFX_USDT_Perp
Gate CFX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$18.48
- Price spread: +0.056% → −0.099%
- $15.49
- Slippage, 4 orders
- −$62.97
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$89.96
- Costs to cover
- 0.870%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 2 min ago; Gate: live order book, 2 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, 2 min ago | 3.75 bp | 46.1 bp −$46 | 5095.4 bp −$51.0K | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.75 bp | 13.6 bp −$14 | 23.2 bp −$232 | 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_USDTshort | +0.0012% | 8h | 0.05338 | +0.056% | $1.1M | $3.0M | 50x | |
| Aster CFXUSDT | +0.0100% | 8h | 0.05342 | +0.134% | $5K | $47K | 5x | as long as short |
| Binance CFXUSDT | +0.0100% | 8h | 0.05347 | +0.221% | $5.4M | $11.3M | 75x | as long as short |
| Bybit CFXUSDT | +0.0100% | 8h | 0.05348 | +0.244% | $2.4M | $1.8M | 25x | as long as short |
| OKX CFX-USDT-SWAP | +0.0100% | 8h | 0.05344 | +0.169% | $2.5M | $6.3M | 20x | as long as short |
| MEXC CFX_USDT | +0.0100% | 8h | 0.05345 | +0.187% | $3.4M | $1.8M | 125x | as long as short |
| KuCoin CFXUSDTM | +0.0100% | 8h | 0.05345 | +0.187% | $885K | $297K | 75x | as long as short |
| Bitget CFXUSDT | +0.0100% | 8h | 0.05344 | +0.169% | $1.6M | $1.6M | 75x | as long as short |
| BingX CFX-USDT | +0.0100% | 8h | 0.05344 | +0.169% | — | $18.2M | — | as long as short |
| Variational Omni CFX | +0.0100% | 8h | 0.05334 | −0.022% | $37K | $41K | — | as long as short |
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_Perplong | +0.0100% | 8h | 0.05335 | long leg | $506K | $2.0M | 10x | |
| Extended CFX-USD | +0.0104% | 1h | 0.05345 | +0.182% | $132 | $253K | 10x | as long as short |
| Coinbase International CFX-PERP-INTX | +0.0392% | 1h | 0.05366 | +0.581% | $35K | $197K | 50x | as long as short |
| Hyperliquid CFX | +0.0822% | 1h | 0.05357 | +0.418% | $3.2M | $408K | 5x | as long as short |
| Deribit CFX_USDC-PERPETUAL | +0.1994% | 1h | 0.05360 | +0.469% | $142 | $29 | 10x | as long as short |
| Kraken Futures PF_CFXUSD | +0.2044% | 1h | 0.05355 | +0.376% | $33K | $23K | 20x | as long as short |
Extended CFX-USD
Coinbase International CFX-PERP-INTX
Hyperliquid CFX
Deribit CFX_USDC-PERPETUAL
Kraken Futures PF_CFXUSD