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: BloFin against GRVT−0.130%7-day average +0.023% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.213%+$21 on $10k
+Price spread, last 3 days (all we have)+0.430%+$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
Funding pays, the price is against you. BloFin is 0.152% cheaper against GRVT than usual: you would sell low and buy high (spread −0.130% now, against its 7-day average of +0.023%). If the spread goes back, that is −$15 on $10k: about 24 hours of funding at the current rate (+$15 a day). 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 | GRVT EDGE_USDT_Perp | 0.5979 | 0.0100 | pay 0.0050% / 4h | 28m 52s | $7K | $1.8M | 10x |
| Short | BloFin EDGE-USDT | 0.5971 | 0.0608 | get 0.0304% / 4h | 28m 52s | $645K | $113K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $106.71
- Price spread: −0.130% → +0.023%
- −$15.25
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $70.46
- Costs to cover
- 0.210%
- Break-even
- 2.4 days
Slippage unknown: GRVT: live order book, 4 min ago; BloFin: live order book, 48 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 GRVT live order book, 4 min ago | 2.51 bp | 58.5 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 5.97 bp | 24.2 bp −$24 | 88.4 bp −$884 | 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 | +0.0037% | 1h | 0.5970 | −0.153% | $58K | $100K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5956 | −0.381% | $55K | $8K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5963 | −0.264% | $7.1M | $3.3M | 25x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5969 | −0.163% | $4.7M | $999K | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5968 | −0.183% | $193K | $131K | — | as long as short |
| GRVT EDGE_USDT_Perplong | +0.0100% | 4h | 0.5979 | long leg | $7K | $1.8M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5990 | +0.188% | $9K | $288K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5929 | −0.832% | $3K | $612K | 10x | as long as short |
| KuCoin EDGEUSDTM | +0.0154% | 4h | 0.5971 | −0.130% | $2.1M | $2.2M | 50x | as long as short |
| Binance EDGEUSDT | +0.0599% | 4h | 0.5969 | −0.156% | $10.1M | $10.1M | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended EDGE-USD | +0.0608% | 1h | 0.5973 | −0.090% | $27K | $230K | 5x | as long as short |
| BloFin EDGE-USDTshort | +0.0608% | 4h | 0.5971 | −0.130% | $645K | $113K | 50x | |
| Aster EDGEUSDT | +0.0609% | 4h | 0.5975 | −0.071% | $69K | $135K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0618% | 4h | 0.5972 | −0.113% | $1.2M | $915K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0674% | 4h | 0.5972 | −0.113% | $3K | — | 10x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0705% | 4h | 0.5973 | −0.096% | $3.7M | $5.9M | 20x | as long as short |
| edgeX EDGEUSDC | +0.0722% | 4h | 0.5991 | +0.204% | $14.3M | $3.5M | 30x | as long as short |
GRVT EDGE_USDT_Perp
BloFin EDGE-USDT
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
Bitget EDGEUSDT
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
KuCoin EDGEUSDTM
Binance EDGEUSDT
Extended EDGE-USD
Aster EDGEUSDT
MEXC EDGE_USDT
OKX EDGE-USDT-SWAP
edgeX EDGEUSDC