Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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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: 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
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)+0.430%+$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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT EDGE_USDT_Perp0.59790.0100pay 0.0050% / 4h28m 52s$7K$1.8M10x
ShortBloFin EDGE-USDT0.59710.0608get 0.0304% / 4h28m 52s$645K$113K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 4 min ago2.51 bp58.5 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 48 min ago5.97 bp24.2 bp −$2488.4 bp −$884doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP+0.0037%1h0.5970−0.153%$58K$100K3.3xas long as short
Lighter EDGE+0.0096%1h0.5956−0.381%$55K$8K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5963−0.264%$7.1M$3.3M25xas long as short
Bitget EDGEUSDT+0.0100%4h0.5969−0.163%$4.7M$999K20xas long as short
Variational Omni EDGE+0.0100%4h0.5968−0.183%$193K$131Kas long as short
GRVT EDGE_USDT_Perplong+0.0100%4h0.5979long leg$7K$1.8M10x
ApeX Omni EDGEUSDT+0.0100%1h0.5990+0.188%$9K$288K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5929−0.832%$3K$612K10xas long as short
KuCoin EDGEUSDTM+0.0154%4h0.5971−0.130%$2.1M$2.2M50xas long as short
Binance EDGEUSDT+0.0599%4h0.5969−0.156%$10.1M$10.1M50xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended EDGE-USD+0.0608%1h0.5973−0.090%$27K$230K5xas long as short
BloFin EDGE-USDTshort+0.0608%4h0.5971−0.130%$645K$113K50x
Aster EDGEUSDT+0.0609%4h0.5975−0.071%$69K$135K5xas long as short
MEXC EDGE_USDT+0.0618%4h0.5972−0.113%$1.2M$915K50xas long as short
Orderly PERP_EDGE_USDC+0.0674%4h0.5972−0.113%$3K10xas long as short
OKX EDGE-USDT-SWAP+0.0705%4h0.5973−0.096%$3.7M$5.9M20xas long as short
edgeX EDGEUSDC+0.0722%4h0.5991+0.204%$14.3M$3.5M30xas long as short