Funding you earn now, next payment 00:00 UTC+0.0098%/8h= +10.8% APRnext payment +$0.98 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against GRVT+0.017%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 3 days (all we have)−0.204%−$20 · spread now +0.017%, 7d avg +0.036%
=Together, before fees−0.079%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9921 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $288K | $790K | 10x |
| Short | BloFin FIL-USDT | 0.9923 | 0.0198 | get 0.0198% / 8h | 1h 09m | $2.7M | $659K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $20.66
- Price spread: +0.017% → +0.036%
- −$1.91
- Slippage, 4 orders
- −$41.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$44.14
- Costs to cover
- 0.629%
- Break-even
- 22.0 days
Slippage from GRVT: live order book, 8 min ago; BloFin: 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, 8 min ago | 5.05 bp | 9.5 bp −$10 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.50 bp | 8.9 bp −$9 | 16.3 bp −$163 | 40.6 bp −$4,061 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_FILUSD | −0.0692% | 1h | 0.9916 | −0.054% | $1.3M | $2.3M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUAL | −0.0657% | 1h | 0.9918 | −0.034% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9929 | +0.077% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.669% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9917 | −0.043% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9925 | +0.040% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0008% | 8h | 0.9911 | −0.104% | $10.8M | $21.6M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0013% | 8h | 0.9916 | −0.054% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0033% | 8h | 0.9916 | −0.054% | $15.4M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0039% | 8h | 0.9920 | −0.014% | $18.2M | $98.4M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0076% | 8h | 0.9908 | −0.134% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0077% | 8h | 0.9915 | −0.064% | $57.4M | $176.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0078% | 8h | 0.9915 | −0.064% | — | $11.9M | — | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9911 | −0.105% | $692K | $2.3M | 10x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9909 | −0.125% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9915 | −0.061% | $8.6M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9922 | +0.008% | $498K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9916 | −0.054% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9926 | +0.049% | $442K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9918 | −0.034% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9921 | long leg | $288K | $790K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.014% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9922 | +0.011% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.114% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9913 | −0.084% | $488 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9915 | −0.064% | $628K | $5.6M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.114% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDTshort | +0.0198% | 8h | 0.9923 | +0.017% | $2.7M | $659K | 75x | |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0709% | 1h | 0.9916 | −0.057% | $207K | — | 100x | as long as short |
GRVT FIL_USDT_Perp
BloFin FIL-USDT
Kraken Futures PF_FILUSD
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAP
MEXC FIL_USDC
Binance FILUSDT
BingX FIL-USDT
Extended FIL-USD
Lighter FIL
Hyperliquid FIL
Aster FILUSDT
Gate FIL_USDT
Variational Omni FIL
edgeX FILUSDC
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
GMX FIL/USD [WBTC.b-USDC]