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Funding arb · Price arb /

ETH

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Alert: funding
Measured
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Alert: spread
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Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%
Price spread now: GRVT against Extended+0.087%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$150.151% of the position
Long on ExtendedShort on GRVT
What this pair did over the last
the charts below follow
Funding, last 7 days−0.095%−$10 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.087%, 7d avg +0.073%
Together, before fees−0.146%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ETH-USD2,7680.0104pay 0.0013% / 1h11m 24s$32.5M$78.3M50x
ShortGRVT ETH_USDT_Perp2,770.40.0100get 0.0100% / 8h11m 24s$161.1M$89.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Extended. 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
−$0.84
Price spread: +0.087% → +0.073%
$1.43
Slippage, 4 orders
−$1.12
Fee Extended: 2.5 bp × 2 orders
−$5
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$14.53
Costs to cover
0.151%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; GRVT: live order book, 3 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 Extended live order book, 3 min ago0.18 bp2.7 bp −$33.9 bp −$396.5 bp −$64514.2 bp −$7,098
Sell GRVT live order book, 3 min ago0.02 bp4.5 bp −$54.5 bp −$457.6 bp −$76317.0 bp −$8,520

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−0.0223%43m2,770+0.073%$286K$6.9M8.3xas long as short
RISEx ETH/USDC−0.0206%1h2,769.1+0.039%$5.6M$11.9M25xas long as short
Injective ETH/USDC PERP−0.0088%1h2,762.1−0.212%$119K$22.5M52xas long as short
Hotstuff ETH-PERP−0.0080%1h2,769.5+0.055%$5K$2K50xas long as short
ApeX Omni ETHUSDT−0.0023%1h2,770.5+0.091%$8.7M$32.9M100xas long as short
01 Exchange ETHUSD−0.0008%1h2,769.3+0.048%$168K$1.2M50xas long as short
dYdX ETH-USD0.0000%1h2,770.8+0.103%$12.7M$45.9M50xas long as short
Phoenix ETH+0.0003%1h2,771.8+0.138%$876K$3.7M25xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,769.5+0.056%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,768.6+0.023%$1.70B$11.87B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX ETH/USD [ETH-USDC]L +0.0026% / S +0.0009%1h2,769.6+0.057%$12.8M—200xas long as short
Phemex ETHUSDT+0.0029%8h2,770.2+0.080%$270.0M$68.9M150xas long as short
Aftermath Perps ETHUSD+0.0030%1h2,771.6+0.132%$29K$22K20xas long as short
SoDEX ETH-USD+0.0031%1h2,768.4+0.015%$55.1M$228.9M40xas long as short
Aster ETHUSDT+0.0032%8h2,769+0.038%$255.6M$1.00B200xas long as short
Bullet ETH-USD+0.0038%1h2,768.9+0.034%$181K$1.7M20xas long as short
Deribit ETH-PERPETUAL+0.0053%1h2,770.2+0.080%$259.0M$222.1M50xas long as short
Aevo ETH-PERP+0.0056%1h2,766.9−0.039%$5.0M$636K20xas long as short
Binance ETHUSDT+0.0056%8h2,768.5+0.018%$6.45B$17.29B150xas long as short
MEXC ETH_USDT+0.0057%8h2,769.2+0.045%$1.62B$2.66B500xas long as short
Bitget ETHUSDT+0.0065%8h2,768.7+0.025%$2.10B$3.10B150xas long as short
Gate ETH_USDT+0.0067%8h2,769+0.037%$3.29B$9.69B200xas long as short
KuCoin ETHUSDTM+0.0080%8h2,769.2+0.045%$420.7M$738.5M100xas long as short
Bybit ETHUSDT+0.0088%8h2,768.8+0.031%$2.50B$4.62B150xas long as short
BingX ETH-USDC+0.0088%8h2,768.4+0.016%—$17.4M—as long as short
Coinbase International ETH-PERP-INTX+0.0088%1h2,769.9+0.068%$60.1M$4.59B50xas long as short
HTX ETH-USDT+0.0094%8h2,770.5+0.092%$1.08B$1.32B200xas long as short
Lighter ETH+0.0096%1h2,769.3+0.049%$115.1M$500.4M50xas long as short
Lighter RH ETH+0.0096%1h2,770.7+0.100%$25.3M$122.0M50xas long as short
Vest ETH-PERP+0.0096%1h2,769.7+0.061%—$1.1M50xas long as short
Nado ETH-PERP+0.0099%1h2,768.9+0.032%$14.3M$118.2M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,768.5+0.020%$15.9M$10.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,768.6+0.023%$475K$2.8M50xas long as short
Hyperliquid ETH+0.0100%1h2,771.4+0.124%$3.17B$2.36B25xas long as short
Pacifica ETH+0.0100%1h2,769.5+0.055%$31.2M$315.2M50xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,768.8+0.030%$2.8M$17.2M25xas long as short
Arcus ETH-USD+0.0100%1h2,769.9+0.070%$2.7M$17.3M25xas long as short
Bulk ETH-USD+0.0100%1h2,773+0.180%$170.1M$265.7M25xas long as short
Backpack ETH_USDC_PERP+0.0100%1h2,769.7+0.061%$15.1M$44.2M50xas long as short
Variational Omni ETH+0.0100%8h2,768.4+0.017%$147.1M$335.8M—as long as short
edgeX ETHUSDC+0.0100%4h2,770+0.073%$181.8M$783.7M100xas long as short
GRVT ETH_USDT_Perpshort+0.0100%8h2,770.4+0.087%$161.1M$89.8M50x
StandX ETH-USD+0.0100%1h2,771.4+0.124%$21.4M$58.5M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,769.1+0.041%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,769.9+0.069%$21K$24K25xas long as short
SunX ETH-USDT+0.0100%8h2,768.1+0.004%$971K$13.9M100xas long as short
Derive ETH-PERP+0.0100%1h2,771.2+0.118%$42.7M$29.4M15xas long as short
Extended ETH-USDlong+0.0104%1h2,768long leg$32.5M$78.3M50x
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.1+0.114%—$43.7M500xas long as short
Kalshi KXETHPERP+0.0108%8h2,771+0.109%$8.1M$687.2M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0123%1h2,770+0.073%$90.3M$338.3M100xas long as short
Orderly PERP_ETH_USDC+0.0143%8h2,771.3+0.120%$32.6M$12.2M100xas long as short
BloFin ETH-USDT+0.0178%8h2,770+0.073%$286.1M$194.7M150xas long as short
Reya ETHRUSDPERP+0.0204%1h2,768.7+0.026%$7.3M$1.2M25xas long as short
Hibachi ETH/USDT-P+0.0208%1h2,771.6+0.132%$252K$1.6M20xas long as short