Funding you earn now, next payment 02:00 UTC−0.0471%/8h= −51.6% APRpaid last 24h −0.140%
Price spread now: GRVT against GMX−0.121%69s7-day average −0.028% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)+0.238%+$24 · spread now −0.121%, 7d avg −0.028%
=Together, before fees+0.042%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and GRVT is 0.094% cheaper against GMX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.028%). Swap the legs. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX FIL/USD [WBTC.b-USDC] | 0.9959 | L +0.0571% / S −0.0592% | pay 0.0071% / 1h | 49m 47s | $201K | — | 100x |
| Short | GRVT FIL_USDT_Perp | 0.9947 | 0.0100 | get 0.0100% / 8h | 6h 49m | $292K | $836K | 10x |
GMX FIL/USD [WBTC.b-USDC]
GRVT FIL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against GMX. 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
- −$98.89
- Price spread: −0.121% → −0.028%
- −$9.36
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$129.24
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; GRVT: live order book, 18 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 18 min ago | 10.02 bp | 61.7 bp −$62 | 160.3 bp −$1,603 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0296% | 1h | 0.9930 | −0.294% | $373K | $2.1M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0252% | 1h | 0.9965 | +0.057% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0192% | 1h | 0.9977 | +0.177% | $1.4M | $2.4M | 50x | as long as short |
| OKX FIL-USDT-SWAP | −0.0060% | 8h | 0.9990 | +0.308% | $18.2M | $99.8M | 50x | as long as short |
| KuCoin FILUSDTM | −0.0043% | 8h | 0.9984 | +0.248% | $7.4M | $7.3M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0005% / S +0.0006% | 1h | 0.9959 | −0.001% | $35K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9948 | −0.112% | $58K | $2K | 10x | as long as short |
| Gate FIL_USDT | +0.0010% | 8h | 0.9988 | +0.288% | $8.2M | $15.8M | 50x | as long as short |
| Binance FILUSDT | +0.0023% | 8h | 0.9987 | +0.278% | $57.4M | $181.7M | 75x | as long as short |
| Extended FIL-USD | +0.0024% | 1h | 0.9982 | +0.224% | $695K | $3.3M | 10x | as long as short |
Coinbase International FIL-PERP-INTX
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
OKX FIL-USDT-SWAP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Gate FIL_USDT
Binance FILUSDT
Extended FIL-USDShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −1.047% | $2K | $240K | 12x | as long as short |
| MEXC FIL_USDC | +0.0064% | 8h | 0.9984 | +0.248% | $245K | $103K | 50x | as long as short |
| Bitget FILUSDT | +0.0092% | 8h | 0.9986 | +0.268% | $11.2M | $22.0M | 75x | as long as short |
| BloFin FIL-USDT | +0.0095% | 8h | 0.9934 | −0.254% | $2.7M | $608K | 75x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9977 | +0.174% | $161K | $342K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9986 | +0.263% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9984 | +0.247% | $509K | $611K | 20x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9986 | +0.268% | $15.6M | $18.8M | 25x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9984 | +0.248% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9935 | −0.244% | $447K | $269K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9940 | −0.189% | $46K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9947 | −0.121% | $292K | $836K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9960 | +0.007% | $30K | $194K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9964 | +0.051% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9970 | +0.107% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9964 | +0.047% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9980 | +0.208% | $642K | $5.8M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9970 | +0.107% | $1.1M | $2.3M | 50x | as long as short |
| GMX FIL/USD [WBTC.b-USDC]long | L +0.0571% / S −0.0592% | 1h | 0.9959 | long leg | $201K | — | 100x |
Injective FIL/USDC PERP
MEXC FIL_USDC
Bitget FILUSDT
BloFin FIL-USDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Bybit FILUSDT
BingX FIL-USDC
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT