Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.035%
Price spread now: GRVT against dYdX+0.022%50s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$232as 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−$2532.529% of the position
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now +0.022%, 7d avg −0.028%
=Together, before fees+0.261%+ Points / potential airdropGRVT: Active · farm board+$26 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 GRVT is 0.050% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.028%. The two prices were read 50 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 | dYdX DOT-USD | 1.1756 | 0 | get 0.0000% / 1h | 42m 42s | $142K | $6K | 10x |
| Short | GRVT DOT_USDT_Perp | 1.1759 | 0.0100 | get 0.0100% / 8h | 2h 42m | $233K | $432K | 10x |
dYdX DOT-USD
GRVT DOT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- $21
- Price spread: +0.022% → −0.028%
- $5
- Slippage, 4 orders
- −$233.87
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$226.86
- Costs to cover
- 2.529%
- Break-even
- 82.6 days
Slippage from dYdX: live order book, 6 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 dYdX live order book, 6 min ago | 67.63 bp | 72.6 bp −$73 | 72.6 bp −$726 | 100.2 bp −$10.0K | 118.7 bp −$59.4K |
| Sell GRVT live order book, 5 min ago | 4.26 bp | 23.4 bp −$23 | 57.9 bp −$579 | doesn't fit | doesn't fit |
DOT on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit DOT_USDC-PERPETUAL | −0.3142% | 1h | 1.1754 | −0.019% | $234K | $133K | 50x | as long as short |
| Coinbase International DOT-PERP-INTX | −0.0864% | 1h | 1.1750 | −0.053% | $170K | $1.9M | 50x | as long as short |
| Reya DOTRUSDPERP | −0.0166% | 1h | 1.1744 | −0.100% | $254 | — | — | as long as short |
| dYdX DOT-USDlong | 0.0000% | 1h | 1.1756 | long leg | $142K | $6K | 10x | |
| gTrade (Gains Network) DOT/USD | L 0.0000% / S +0.0004% | 1h | 1.1749 | −0.065% | $3K | — | 150x | as long as short |
| Injective DOT/USDC PERP | +0.0033% | 1h | 1.2020 | +2.244% | $328 | $121K | 12x | as long as short |
| Kraken Futures PF_DOTUSD | +0.0091% | 1h | 1.1755 | −0.007% | $4.4M | $1.4M | 50x | as long as short |
| Lighter DOT | +0.0096% | 1h | 1.1754 | −0.020% | $251K | $662K | 10x | as long as short |
| Hyperliquid DOT | +0.0100% | 1h | 1.1759 | +0.024% | $5.2M | $3.4M | 10x | as long as short |
| Aster DOTUSDT | +0.0100% | 8h | 1.1758 | +0.015% | $838K | $594K | 50x | as long as short |
Deribit DOT_USDC-PERPETUAL
Coinbase International DOT-PERP-INTX
Reya DOTRUSDPERP
gTrade (Gains Network) DOT/USD
Injective DOT/USDC PERP
Kraken Futures PF_DOTUSD
Lighter DOT
Hyperliquid DOT
Aster DOTUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance DOTUSDT | +0.0100% | 8h | 1.1754 | −0.021% | $43.0M | $85.5M | 75x | as long as short |
| Bybit DOTUSDT | +0.0100% | 8h | 1.1748 | −0.070% | $24.0M | $19.0M | 75x | as long as short |
| OKX DOT-USDT-SWAP | +0.0100% | 8h | 1.1746 | −0.087% | $9.2M | $24.4M | 50x | as long as short |
| Gate DOT_USDT | +0.0100% | 8h | 1.1750 | −0.053% | $6.6M | $12.0M | 75x | as long as short |
| MEXC DOT_USDT | +0.0100% | 8h | 1.1754 | −0.019% | $27.4M | $56.9M | 300x | as long as short |
| KuCoin DOTUSDTM | +0.0100% | 8h | 1.1753 | −0.028% | $6.3M | $9.2M | 75x | as long as short |
| Bitget DOTUSDT | +0.0100% | 8h | 1.1755 | −0.011% | $22.4M | $14.6M | 75x | as long as short |
| BingX DOT-USDC | +0.0100% | 8h | 1.1896 | +1.189% | — | $1.3M | — | as long as short |
| Backpack DOT_USDC_PERP | +0.0100% | 1h | 1.1746 | −0.087% | $90K | $130K | 10x | as long as short |
| Variational Omni DOT | +0.0100% | 8h | 1.1746 | −0.083% | $534K | $52K | — | as long as short |
| edgeX DOTUSDC | +0.0100% | 4h | 1.1755 | −0.007% | $35K | $336K | 20x | as long as short |
| GRVT DOT_USDT_Perpshort | +0.0100% | 8h | 1.1759 | +0.022% | $233K | $432K | 10x | |
| Orderly PERP_DOT_USDC | +0.0100% | 8h | 1.1750 | −0.053% | $8K | $19K | 10x | as long as short |
| SunX DOT-USDT | +0.0100% | 8h | 1.1769 | +0.109% | $2K | $1.3M | 20x | as long as short |
| HTX DOT-USDT | +0.0100% | 8h | 1.1758 | +0.015% | $262K | $265K | 75x | as long as short |
| Phemex DOTUSDT | +0.0100% | 8h | 1.1760 | +0.032% | $2.4M | $2.2M | 50x | as long as short |
| Extended DOT-USD | +0.0104% | 1h | 1.1742 | −0.122% | $15K | $246K | 25x | as long as short |
| BloFin DOT-USDT | +0.0220% | 8h | 1.1751 | −0.045% | $2.2M | $879K | 75x | as long as short |
| GMX DOT/USD [WBTC.b-USDC] | L +0.0301% / S −0.1012% | 1h | 1.1749 | −0.060% | $22K | — | 100x | as long as short |
Binance DOTUSDT
Bybit DOTUSDT
OKX DOT-USDT-SWAP
Gate DOT_USDT
MEXC DOT_USDT
KuCoin DOTUSDTM
Bitget DOTUSDT
BingX DOT-USDC
Backpack DOT_USDC_PERP
Variational Omni DOT
edgeX DOTUSDC
Orderly PERP_DOT_USDC
SunX DOT-USDT
HTX DOT-USDT
Phemex DOTUSDT
Extended DOT-USD
BloFin DOT-USDT
GMX DOT/USD [WBTC.b-USDC]