Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.108%
Price spread now: GRVT against Backpack+0.207%7-day average +0.198% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.751%−$75 on $10k
+Price spread, last 3 days (all we have)+0.022%+$2 · spread now +0.207%, 7d avg +0.198%
=Together, before fees−0.730%+ Points / potential airdropGRVT: Active · farm board−$73 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack EDGE_USDC_PERP | 0.5975 | 0.0100 | pay 0.0013% / 1h | 37m 11s | $58K | $100K | 3.3x |
| Short | GRVT EDGE_USDT_Perp | 0.5987 | 0.0100 | get 0.0050% / 4h | 37m 11s | $7K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Backpack. 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
- $0
- Price spread: +0.207% → +0.198%
- $0.94
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$18.06
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 17 min ago; GRVT: live order book, 1 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 Backpack live order book, 17 min ago | 5.84 bp | 19.1 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 3.34 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter EDGE | +0.0096% | 1h | 0.5960 | −0.243% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5968 | −0.114% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5970 | −0.080% | $4.7M | $999K | 20x | as long as short |
| Backpack EDGE_USDC_PERPlong | +0.0100% | 1h | 0.5975 | long leg | $58K | $100K | 3.3x | |
| Variational Omni EDGE | +0.0100% | 4h | 0.5978 | +0.058% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perpshort | +0.0100% | 4h | 0.5987 | +0.207% | $7K | $1.8M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5988 | +0.221% | $8K | $287K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5938 | −0.616% | $4K | $609K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0172% | 4h | 0.5970 | −0.080% | $2.1M | $2.2M | 50x | as long as short |
| BloFin EDGE-USDT | +0.0599% | 4h | 0.5975 | +0.003% | $649K | $128K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EDGE_USDT | +0.0622% | 4h | 0.5982 | +0.121% | $1.2M | $915K | 50x | as long as short |
| Binance EDGEUSDT | +0.0622% | 4h | 0.5982 | +0.121% | $10.1M | $10.1M | 50x | as long as short |
| Extended EDGE-USD | +0.0624% | 1h | 0.5978 | +0.053% | $27K | $230K | 5x | as long as short |
| Aster EDGEUSDT | +0.0627% | 4h | 0.5979 | +0.065% | $69K | $135K | 5x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0654% | 4h | 0.5978 | +0.054% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0738% | 4h | 0.5986 | +0.187% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0746% | 4h | 0.5986 | +0.193% | $14.3M | $3.5M | 30x | as long as short |
Backpack EDGE_USDC_PERP
GRVT EDGE_USDT_Perp
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
BloFin EDGE-USDT
MEXC EDGE_USDT
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC