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Funding arb · Price arb /

ETH

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Alert: funding
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Alert: spread
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Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: GRVT against edgeX+0.022%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$210.205% of the position
Long on edgeXShort on GRVT
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 7 days−0.034%−$3 · spread now +0.022%, 7d avg +0.052%
Together, before fees−0.116%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.030% cheaper against edgeX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ETHUSDC2,739.20.0100pay 0.0050% / 4h1h 44m$181.4M$691.9M100x
ShortGRVT ETH_USDT_Perp2,739.80.0100get 0.0100% / 8h5h 44m$159.3M$82.0M50x

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

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

Profit calculator

Funding earned
$0
Price spread: +0.022% → +0.052%
−$2.95
Slippage, 4 orders
−$2.51
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$23.46
Costs to cover
0.205%
Break-even
never at this rate
Slippage from edgeX: live order book, 4 min ago; GRVT: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 4 min ago0.04 bp4.6 bp −$54.6 bp −$464.9 bp −$4866.2 bp −$3,121
Sell GRVT live order book, 4 min ago0.02 bp4.5 bp −$54.5 bp −$457.2 bp −$72316.7 bp −$8,340

ETH on 55 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
Perpl ETH−0.0112%43m2,742.9+0.138%$305K$5.6M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,741.6+0.089%$5K$1K50xas long as short
Injective ETH/USDC PERP−0.0044%1h2,744.7+0.202%$118K$22.5M52xas long as short
GMX ETH/USD [ETH-USDC]L −0.0010% / S +0.0043%1h2,743.7+0.165%$12.1M—200xas long as short
dYdX ETH-USD0.0000%1h2,742.9+0.136%$10.8M$41.8M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,743.8+0.167%$22.2M—200xas long as short
Phoenix ETH+0.0017%1h2,740.6+0.052%$845K$2.9M25xas long as short
01 Exchange ETHUSD+0.0040%1h2,744.1+0.180%$182K$916K50xas long as short
BingX ETH-USDT+0.0047%8h2,743.4+0.155%—$1.15B—as long as short
OKX ETH-USDT-SWAP+0.0061%8h2,743.2+0.145%$1.70B$10.58B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin ETHUSDTM+0.0064%8h2,744.5+0.193%$376.7M$598.0M100xas long as short
RISEx ETH/USDC+0.0077%1h2,744.2+0.183%$5.7M$11.2M25xas long as short
Aster ETHUSDT+0.0078%8h2,744.4+0.189%$252.4M$841.2M200xas long as short
Aevo ETH-PERP+0.0080%1h2,741.2+0.075%$4.9M$159K20xas long as short
MEXC ETH_USDT+0.0087%8h2,743.3+0.152%$1.56B$2.53B500xas long as short
Binance ETHUSDT+0.0088%8h2,743.3+0.149%$6.38B$15.72B150xas long as short
Lighter ETH+0.0096%1h2,743.3+0.152%$112.8M$431.9M50xas long as short
Lighter RH ETH+0.0096%1h2,744.3+0.188%$24.7M$103.4M50xas long as short
Jupiter Perps ETH-PERPL +0.0096% / S +0.0056%1h2,741.3+0.078%—$30.9M500xas long as short
Coinbase International ETH-PERP-INTX+0.0096%1h2,744.9+0.208%$59.0M$4.27B50xas long as short
Bullet ETH-USD+0.0096%1h2,743.5+0.159%$182K$1.7M20xas long as short
HTX ETH-USDT+0.0097%8h2,743.4+0.154%$1.06B$1.18B200xas long as short
Paradex ETH-USD-PERP+0.0100%8h2,746.7+0.274%$16.1M$7.9M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,743.3+0.151%$469K$3.0M50xas long as short
Nado ETH-PERP+0.0100%1h2,743.6+0.163%$13.9M$106.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,744.8+0.205%$3.12B$2.06B25xas long as short
Pacifica ETH+0.0100%1h2,742.9+0.136%$31.6M$334.0M50xas long as short
Bybit ETHUSDT+0.0100%8h2,741.9+0.100%$2.45B$4.19B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,741.3+0.078%$2.7M$16.7M25xas long as short
Arcus ETH-USD+0.0100%1h2,744.2+0.182%$2.7M$16.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,743.5+0.159%$165.1M$304.9M25xas long as short
Gate ETH_USDT+0.0100%8h2,743.4+0.153%$3.40B$8.68B200xas long as short
Bitget ETHUSDT+0.0100%8h2,742.9+0.134%$2.08B$2.74B150xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,743.2+0.147%$15.0M$40.9M50xas long as short
Variational Omni ETH+0.0100%8h2,740.4+0.044%$132.4M$336.6M—as long as short
edgeX ETHUSDClong+0.0100%4h2,739.2long leg$181.4M$691.9M100x
GRVT ETH_USDT_Perpshort+0.0100%8h2,739.8+0.022%$159.3M$82.0M50x
ApeX Omni ETHUSDT+0.0100%1h2,740.9+0.064%$8.7M$31.1M100xas long as short
StandX ETH-USD+0.0100%1h2,740.9+0.063%$21.2M$69.4M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,744.6+0.198%$10.9M$8.7M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,744+0.174%$21K$21K25xas long as short
Derive ETH-PERP+0.0100%1h2,745.7+0.238%$41.6M$29.6M15xas long as short
SunX ETH-USDT+0.0100%8h2,740.6+0.050%$962K$11.5M100xas long as short
SoDEX ETH-USD+0.0100%1h2,743.9+0.173%$54.6M$187.5M40xas long as short
Deribit ETH-PERPETUAL+0.0100%1h2,745.1+0.216%$258.8M$195.7M50xas long as short
Phemex ETHUSDT+0.0100%8h2,743.4+0.156%$266.9M$65.1M150xas long as short
Vest ETH-PERP+0.0100%1h2,743.7+0.165%—$819K50xas long as short
Extended ETH-USD+0.0104%1h2,744.3+0.186%$30.6M$72.5M50xas long as short
Aftermath Perps ETHUSD+0.0131%1h2,743.4+0.154%$30K$20K20xas long as short
Kalshi KXETHPERP+0.0152%8h2,743.7+0.165%$7.7M$668.4M4.9xas long as short
Orderly PERP_ETH_USDC+0.0187%8h2,746.4+0.264%$32.3M$11.1M100xas long as short
BloFin ETH-USDT+0.0208%8h2,742.9+0.137%$286.0M$177.5M150xas long as short
Kraken Futures PF_ETHUSD+0.0221%1h2,744.6+0.196%$87.4M$310.1M100xas long as short
Reya ETHRUSDPERP+0.0225%1h2,743.5+0.157%$7.3M$1.1M25xas long as short
Hibachi ETH/USDT-P+0.0240%1h2,740.9+0.061%$249K$1.4M20xas long as short