EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0508%/8h= −55.6% APRnext payment −$2.54 per $10,000 · paid last 24h −0.070%

Price spread now: GRVT against BloFin+0.130%7-day average −0.023% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.213%−$21 on $10k

Price spread, last 3 days (all we have)−0.431%−$43 · spread now +0.130%, 7d avg −0.023%

Together, before fees−0.644%+ Points / potential airdropGRVT: Active · farm board−$64 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.153% dearer against BloFin than usual: you sell high and buy low (spread +0.130% now, against its 7-day average of −0.023%): +$15 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.213% in total) that is about 5.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin EDGE-USDT	0.5971	0.0608	pay 0.0304% / 4h	27m 44s	$645K	$113K	50x
Short	GRVT EDGE_USDT_Perp	0.5979	0.0100	get 0.0050% / 4h	27m 44s	$7K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now +0.130%Rate

Funding earned: −$106.71
Price spread: +0.130% → −0.023%: $15.27
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$112.44
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 49 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 BloFin live order book, 49 min ago	5.97 bp	26.3 bp −$26	127.2 bp −$1,272	doesn't fit	doesn't fit
Sell GRVT live order book, 1 min ago	10.03 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
Backpack EDGE_USDC_PERP	+0.0011%	1h	0.5969	−0.035%	$58K	$100K	3.3x	as long as short
Lighter EDGE	+0.0096%	1h	0.5958	−0.214%	$55K	$8K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.5964	−0.117%	$7.1M	$3.3M	25x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.5975	+0.067%	$4.7M	$999K	20x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5968	−0.053%	$193K	$131K	—	as long as short
GRVT EDGE_USDT_Perpshort	+0.0100%	4h	0.5979	+0.130%	$7K	$1.8M	10x
ApeX Omni EDGEUSDT	+0.0100%	1h	0.5990	+0.318%	$9K	$288K	50x	as long as short
SunX EDGE-USDT	+0.0100%	4h	0.5929	−0.703%	$3K	$612K	10x	as long as short
KuCoin EDGEUSDTM	+0.0148%	4h	0.5972	+0.017%	$2.1M	$2.2M	50x	as long as short
MEXC EDGE_USDT	+0.0598%	4h	0.5978	+0.117%	$1.2M	$915K	50x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance EDGEUSDT	+0.0599%	4h	0.5977	+0.100%	$10.1M	$10.1M	50x	as long as short
Extended EDGE-USD	+0.0600%	1h	0.5978	+0.124%	$27K	$230K	5x	as long as short
Aster EDGEUSDT	+0.0601%	4h	0.5974	+0.053%	$69K	$135K	5x	as long as short
BloFin EDGE-USDTlong	+0.0608%	4h	0.5971	long leg	$645K	$113K	50x
Orderly PERP_EDGE_USDC	+0.0676%	4h	0.5969	−0.033%	$3K	—	10x	as long as short
OKX EDGE-USDT-SWAP	+0.0701%	4h	0.5982	+0.184%	$3.7M	$5.9M	20x	as long as short
edgeX EDGEUSDC	+0.0722%	4h	0.5991	+0.334%	$14.3M	$3.5M	30x	as long as short