Settings8H · net · $10k
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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 08:00 UTC+0.0042%/8h= +4.6% APRnext payment +$0.42 per $10,000 · paid last 24h −0.013%
Price spread now: GRVT against MEXC+0.137%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1as in the Price arb table
costs, in and out, $10k−$120.123% of the position
Long on MEXCShort on GRVT
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 7 days−0.127%−$13 · spread now +0.137%, 7d avg +0.026%
Together, before fees−0.110%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.111% dearer against MEXC than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC ETH_USDT2,770.50.0058pay 0.0058% / 8h7h 41m$1.63B$2.63B500x
ShortGRVT ETH_USDT_Perp2,774.30.0100get 0.0100% / 8h7h 41m$161.3M$85.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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
$8.82
Price spread: +0.137% → +0.026%
$11.08
Slippage, 4 orders
−$1.27
Fee MEXC: 1 bp × 2 orders
−$2
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$7.63
Costs to cover
0.123%
Break-even
0.9 days
Slippage from MEXC: 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 MEXC live order book, 3 min ago0.02 bp1.0 bp −$11.1 bp −$111.6 bp −$1614.0 bp −$1,979
Sell GRVT live order book, 3 min ago0.02 bp5.7 bp −$66.7 bp −$678.7 bp −$86618.2 bp −$9,108

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
Injective ETH/USDC PERP−0.0752%1h2,773.2+0.097%$119K$22.5M52xas long as short
RISEx ETH/USDC−0.0128%1h2,771.4+0.031%$5.7M$11.4M25xas long as short
Perpl ETH−0.0112%43m2,770.7+0.005%$301K$6.5M8.3xas long as short
Hotstuff ETH-PERP−0.0080%1h2,771.6+0.039%$5K$1K50xas long as short
01 Exchange ETHUSD−0.0032%1h2,771.4+0.032%$168K$1.1M50xas long as short
Phemex ETHUSDT−0.0013%8h2,771.7+0.042%$269.9M$67.6M150xas long as short
Phoenix ETH−0.0003%1h2,774.6+0.147%$879K$3.7M25xas long as short
dYdX ETH-USD0.0000%1h2,771.4+0.032%$12.2M$46.0M50xas long as short
gTrade (Gains Network) ETH/USDL +0.0006% / S −0.0006%1h2,772+0.054%$22.4M—200xas long as short
OKX ETH-USDT-SWAP+0.0022%8h2,771.2+0.023%$1.71B$11.37B100xas long as short
Show all 55 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet ETH-USD+0.0022%1h2,771.3+0.027%$184K$1.7M20xas long as short
Gate ETH_USDT+0.0024%8h2,771.4+0.030%$3.35B$8.96B200xas long as short
GMX ETH/USD [ETH-USDC]L +0.0025% / S +0.0009%1h2,771.8+0.047%$12.7M—200xas long as short
SoDEX ETH-USD+0.0042%1h2,771.9+0.050%$55.2M$208.4M40xas long as short
Aster ETHUSDT+0.0043%8h2,771.7+0.043%$256.8M$899.1M200xas long as short
Aftermath Perps ETHUSD+0.0050%1h2,772.5+0.072%$31K$23K20xas long as short
Aevo ETH-PERP+0.0056%1h2,769.6−0.035%$5.0M$165K20xas long as short
MEXC ETH_USDTlong+0.0058%8h2,770.5long leg$1.63B$2.63B500x
Binance ETHUSDT+0.0058%8h2,771.1+0.022%$6.47B$16.58B150xas long as short
HTX ETH-USDT+0.0066%8h2,771.8+0.046%$1.08B$1.27B200xas long as short
Bitget ETHUSDT+0.0069%8h2,772.1+0.057%$2.10B$2.92B150xas long as short
ApeX Omni ETHUSDT+0.0079%1h2,772.6+0.076%$8.7M$32.4M100xas long as short
Coinbase International ETH-PERP-INTX+0.0080%1h2,773.1+0.093%$60.4M$4.49B50xas long as short
KuCoin ETHUSDTM+0.0081%8h2,772.3+0.064%$420.6M$642.5M100xas long as short
Vest ETH-PERP+0.0086%1h2,772.1+0.058%—$880K50xas long as short
Lighter ETH+0.0096%1h2,771.6+0.038%$115.2M$456.7M50xas long as short
Lighter RH ETH+0.0096%1h2,773.4+0.104%$25.3M$110.1M50xas long as short
Paradex ETH-USD-PERP+0.0099%8h2,770.4−0.005%$15.9M$9.1M50xas long as short
Katana Perps ETH-USD+0.0100%8h2,771.3+0.028%$487K$2.8M50xas long as short
Nado ETH-PERP+0.0100%1h2,771.5+0.036%$14.8M$116.1M50xas long as short
Hyperliquid ETH+0.0100%1h2,773.9+0.122%$3.17B$2.31B25xas long as short
Pacifica ETH+0.0100%1h2,772.1+0.058%$31.2M$322.6M50xas long as short
Bybit ETHUSDT+0.0100%8h2,771.5+0.034%$2.50B$4.44B150xas long as short
Ondo Perps ETH-USD.P+0.0100%1h2,770.6+0.003%$2.8M$17.0M25xas long as short
Arcus ETH-USD+0.0100%1h2,771.7+0.044%$2.7M$17.0M25xas long as short
Bulk ETH-USD+0.0100%1h2,769.9−0.021%$170.3M$272.1M25xas long as short
BingX ETH-USDT+0.0100%8h2,771.3+0.028%—$1.22B—as long as short
Backpack ETH_USDC_PERP+0.0100%1h2,774.1+0.130%$15.2M$42.2M50xas long as short
Variational Omni ETH+0.0100%8h2,771.8+0.047%$148.1M$340.7M—as long as short
edgeX ETHUSDC+0.0100%4h2,772.2+0.062%$182.0M$785.6M100xas long as short
GRVT ETH_USDT_Perpshort+0.0100%8h2,774.3+0.137%$161.3M$85.7M50x
StandX ETH-USD+0.0100%1h2,774.2+0.133%$21.5M$60.2M40xas long as short
Polymarket Perps ETH-USD+0.0100%1h2,771.3+0.028%$10.6M$8.0M50xas long as short
Bluefin ETH-PERP+0.0100%1h2,772.6+0.077%$21K$22K25xas long as short
Derive ETH-PERP+0.0100%1h2,774.2+0.133%$42.7M$29.0M15xas long as short
SunX ETH-USDT+0.0100%8h2,770.9+0.013%$972K$13.4M100xas long as short
Deribit ETH-PERPETUAL+0.0100%1h2,773.4+0.105%$259.1M$210.5M50xas long as short
Extended ETH-USD+0.0104%1h2,771.6+0.037%$32.5M$73.1M50xas long as short
Jupiter Perps ETH-PERPL +0.0104% / S +0.0048%1h2,771.9+0.049%—$38.3M500xas long as short
Kalshi KXETHPERP+0.0107%8h2,773.3+0.100%$8.1M$686.0M4.9xas long as short
Kraken Futures PF_ETHUSD+0.0134%1h2,773.3+0.101%$93.4M$322.9M100xas long as short
Orderly PERP_ETH_USDC+0.0148%8h2,774.8+0.154%$32.7M$11.6M100xas long as short
Hibachi ETH/USDT-P+0.0152%1h2,775.5+0.179%$253K$1.5M20xas long as short
BloFin ETH-USDT+0.0178%8h2,771.2+0.025%$287.5M$187.8M150xas long as short
Reya ETHRUSDPERP+0.0209%1h2,771.3+0.029%$7.3M$1.2M25xas long as short