Funding you earn now, next payment 00:00 UTC−0.0045%/8h= −5.0% APRnext payment −$0.45 per $10,000 · paid last 24h −0.023%
Price spread now: GRVT against BloFin−0.244%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1181.175% of the position
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 3 days (all we have)+0.435%+$43 · spread now −0.244%, 7d avg −0.033%
=Together, before fees+0.310%+ Points / potential airdropGRVT: Active · farm board+$31 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.211% cheaper against BloFin than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin FIL-USDT | 0.9854 | 0.0145 | pay 0.0145% / 8h | 0m 08s | $2.7M | $568K | 75x |
| Short | GRVT FIL_USDT_Perp | 0.9830 | 0.0100 | get 0.0100% / 8h | 0m 08s | $293K | $805K | 10x |
BloFin FIL-USDT
GRVT FIL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- −$9.52
- Price spread: −0.244% → −0.033%
- −$21.12
- Slippage, 4 orders
- −$96.51
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$148.15
- Costs to cover
- 1.175%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; GRVT: live order book, 13 min ago.
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 BloFin live order book, 8 min ago | 1.52 bp | 8.8 bp −$9 | 13.5 bp −$135 | 33.2 bp −$3,317 | doesn't fit |
| Sell GRVT live order book, 13 min ago | 10.16 bp | 43.3 bp −$43 | 76.4 bp −$764 | doesn't fit | doesn't fit |
FIL on 29 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0661% | 1h | 0.9867 | +0.132% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9865 | +0.113% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9866 | +0.122% | $318K | $1.8M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | +0.010% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0033% | 8h | 0.9859 | +0.051% | $7.4M | $7.1M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0020% | 8h | 0.9854 | 0.000% | $18.1M | $98.8M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9865 | +0.114% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9865 | +0.115% | $58K | $2K | 10x | as long as short |
| Binance FILUSDT | +0.0036% | 8h | 0.9854 | −0.005% | $57.1M | $179.5M | 75x | as long as short |
| Extended FIL-USD | +0.0040% | 1h | 0.9857 | +0.029% | $689K | $2.3M | 10x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
OKX FIL-USDT-SWAP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget FILUSDT | +0.0045% | 8h | 0.9862 | +0.081% | $10.9M | $21.6M | 75x | as long as short |
| BingX FIL-USDC | +0.0048% | 8h | 0.9856 | +0.020% | — | $6.5M | — | as long as short |
| Bybit FILUSDT | +0.0051% | 8h | 0.9857 | +0.030% | $15.4M | $18.4M | 25x | as long as short |
| MEXC FIL_USDC | +0.0053% | 8h | 0.9856 | +0.020% | $247K | $106K | 50x | as long as short |
| Gate FIL_USDT | +0.0070% | 8h | 0.9855 | +0.010% | $8.2M | $16.5M | 50x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9854 | −0.003% | $158K | $348K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9857 | +0.035% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9860 | +0.063% | $493K | $546K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9846 | −0.079% | $440K | $278K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9849 | −0.048% | $45K | $295K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9830 | −0.244% | $293K | $805K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.061% | $30K | $196K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9870 | +0.167% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.061% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9858 | +0.041% | $485 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9866 | +0.122% | $625K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.061% | $1.1M | $2.4M | 50x | as long as short |
| BloFin FIL-USDTlong | +0.0145% | 8h | 0.9854 | long leg | $2.7M | $568K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0538% / S −0.0538% | 1h | 0.9865 | +0.107% | $196K | — | 100x | as long as short |
Bitget FILUSDT
BingX FIL-USDC
Bybit FILUSDT
MEXC FIL_USDC
Gate FIL_USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]