Funding you earn now, next payment 04:00 UTC−0.0358%/8h= −39.2% APRnext payment −$1.79 per $10,000 · paid last 24h −0.061%
Price spread now: GRVT against edgeX−0.144%7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.144%, 7d avg −0.021%
=Together, before fees−0.018%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and GRVT is 0.124% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.79 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 | edgeX EDGEUSDC | 0.5958 | 0.0458 | pay 0.0229% / 4h | 2h 54m | $14.2M | $3.6M | 30x |
| Short | GRVT EDGE_USDT_Perp | 0.5949 | 0.0100 | get 0.0050% / 4h | 2h 54m | $2K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- −$75.18
- Price spread: −0.144% → −0.021%
- −$12.35
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$105.53
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 5 min ago; GRVT: live order book, 4 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 edgeX live order book, 5 min ago | 3.36 bp | 42.1 bp −$42 | 147.7 bp −$1,477 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 18.46 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 | −0.0656% | 1h | 0.5878 | −1.336% | $59K | $101K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5865 | −1.549% | $49K | $13K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5864 | −1.571% | $7.0M | $3.4M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5866 | −1.537% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5874 | −1.403% | $4.7M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5910 | −0.797% | $188K | $128K | — | as long as short |
| GRVT EDGE_USDT_Perpshort | +0.0100% | 4h | 0.5949 | −0.144% | $2K | $1.9M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5950 | −0.127% | $11K | $296K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5842 | −1.940% | $4K | $617K | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0423% | 4h | 0.5882 | −1.269% | $3.6M | $5.7M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX EDGEUSDClong | +0.0458% | 4h | 0.5958 | long leg | $14.2M | $3.6M | 30x | |
| Aster EDGEUSDT | +0.0493% | 4h | 0.5855 | −1.714% | $67K | $132K | 5x | as long as short |
| BloFin EDGE-USDT | +0.0515% | 4h | 0.5861 | −1.621% | $643K | $96K | 50x | as long as short |
| Extended EDGE-USD | +0.0528% | 1h | 0.5878 | −1.333% | $27K | $194K | 5x | as long as short |
| Binance EDGEUSDT | +0.0529% | 4h | 0.5879 | −1.319% | $10.0M | $10.4M | 50x | as long as short |
| MEXC EDGE_USDT | +0.0542% | 4h | 0.5878 | −1.336% | $1.1M | $909K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0761% | 4h | 0.5867 | −1.520% | $3K | — | 10x | as long as short |
edgeX EDGEUSDC
GRVT EDGE_USDT_Perp
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
OKX EDGE-USDT-SWAP
Aster EDGEUSDT
BloFin EDGE-USDT
Extended EDGE-USD
Binance EDGEUSDT
MEXC EDGE_USDT