Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h −0.001%
Price spread now: Bitget against GRVT+0.169%7-day average −0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$1161.162% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)−0.613%−$61 · spread now +0.169%, 7d avg −0.036%
=Together, before fees−0.624%+ Points / potential airdropGRVT: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.204% dearer against GRVT than usual: you sell high and buy low (spread +0.169% now, against its 7-day average of −0.036%): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 7 days (−0.011% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9842 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $288K | $801K | 10x |
| Short | Bitget FILUSDT | 0.9859 | −0.0026 | pay 0.0026% / 8h | 1h 55m | $10.8M | $21.4M | 75x |
GRVT FIL_USDT_Perp
Bitget FILUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$26.46
- Price spread: +0.169% → −0.036%
- $20.44
- Slippage, 4 orders
- −$95.2
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$122.22
- Costs to cover
- 1.162%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 27 min ago; Bitget: live order book, 3 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 GRVT live order book, 27 min ago | 10.16 bp | 19.9 bp −$20 | 45.5 bp −$455 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.51 bp | 10.0 bp −$10 | 18.4 bp −$184 | 43.2 bp −$4,316 | 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 | −0.0966% | 1h | 0.9860 | +0.179% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0697% | 1h | 0.9854 | +0.117% | $1.4M | $2.2M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9856 | +0.138% | $315K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9850 | +0.077% | $2K | $182K | 12x | as long as short |
| Bitget FILUSDTshort | −0.0026% | 8h | 0.9859 | +0.169% | $10.8M | $21.4M | 75x | |
| Bybit FILUSDT | −0.0015% | 8h | 0.9866 | +0.240% | $15.5M | $17.9M | 25x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9855 | +0.123% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9855 | +0.129% | $57K | $2K | 10x | as long as short |
| Lighter FIL | +0.0016% | 1h | 0.9846 | +0.035% | $158K | $337K | 5x | as long as short |
| OKX FIL-USDT-SWAP | +0.0020% | 8h | 0.9861 | +0.189% | $18.2M | $96.3M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
Bybit FILUSDT
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Lighter FIL
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin FILUSDTM | +0.0022% | 8h | 0.9852 | +0.098% | $7.4M | $7.0M | 50x | as long as short |
| Variational Omni FIL | +0.0057% | 8h | 0.9790 | −0.531% | $436K | $277K | — | as long as short |
| MEXC FIL_USDC | +0.0079% | 8h | 0.9858 | +0.159% | $250K | $103K | 50x | as long as short |
| BingX FIL-USDC | +0.0086% | 8h | 0.9854 | +0.118% | — | $6.5M | — | as long as short |
| Binance FILUSDT | +0.0087% | 8h | 0.9862 | +0.199% | $56.7M | $174.8M | 75x | as long as short |
| Extended FIL-USD | +0.0088% | 1h | 0.9850 | +0.081% | $685K | $2.3M | 10x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9863 | +0.209% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9858 | +0.155% | $488K | $514K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9857 | +0.148% | $7.8M | $16.1M | 50x | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9786 | −0.570% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9842 | long leg | $288K | $801K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9830 | −0.126% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9864 | +0.217% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9850 | +0.077% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9850 | +0.077% | $475 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9856 | +0.138% | $623K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9850 | +0.077% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0206% | 8h | 0.9831 | −0.116% | $2.6M | $646K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0615% / S −0.0742% | 1h | 0.9855 | +0.125% | $214K | — | 100x | as long as short |
KuCoin FILUSDTM
Variational Omni FIL
MEXC FIL_USDC
BingX FIL-USDC
Binance FILUSDT
Extended FIL-USD
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
edgeX FILUSDC
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]