Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRpaid last 24h −0.211%
Price spread now: Deribit against GRVT+0.107%45s7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1241.244% of the position
Funding, last 7 days−0.475%−$47 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.107%, 7d avg +0.082%
=Together, before fees−0.631%+ Points / potential airdropGRVT: Active · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Deribit is 0.025% dearer against GRVT than usual: you sell high and buy low (spread +0.107% now, against its 7-day average of +0.082%): +$3 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 8 hours. The two prices were read 45 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 | GRVT FIL_USDT_Perp | 0.9913 | 0.0100 | pay 0.0100% / 8h | 1m 31s | $294K | $1.5M | 10x |
| Short | Deribit FIL_USDC-PERPETUAL | 0.9924 | −0.0153 | pay 0.0019% / 1h | 1m 31s | $171K | $23K | 25x |
GRVT FIL_USDT_Perp
Deribit FIL_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$53.13
- Price spread: +0.107% → +0.082%
- $2.54
- Slippage, 4 orders
- −$108.4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$175
- Costs to cover
- 1.244%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Deribit: live order book, 37 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, 1 min ago | 10.08 bp | 57.1 bp −$57 | 168.7 bp −$1,687 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 37 min ago | 6.07 bp | 11.6 bp −$12 | 19.6 bp −$196 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9920 | +0.067% | $355K | $2.2M | 50x | as long as short |
| Deribit FIL_USDC-PERPETUALshort | −0.0153% | 1h | 0.9924 | +0.107% | $171K | $23K | 25x | |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9928 | +0.149% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9922 | +0.082% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9855 | −0.589% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0082% | 8h | 0.9920 | +0.067% | $7.1M | $7.8M | 50x | as long as short |
| Bybit FILUSDT | +0.0083% | 8h | 0.9920 | +0.067% | $15.4M | $20.4M | 25x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9914 | +0.010% | $145K | $359K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9928 | +0.148% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9920 | +0.069% | $506K | $557K | 20x | as long as short |
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Injective FIL/USDC PERP
KuCoin FILUSDTM
Bybit FILUSDT
Lighter FIL
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9919 | +0.057% | $56.0M | $183.5M | 75x | as long as short |
| OKX FIL-USDT-SWAP | +0.0100% | 8h | 0.9925 | +0.117% | $17.6M | $107.8M | 50x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9915 | +0.016% | $8.3M | $16.8M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9920 | +0.067% | $230K | $101K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9922 | +0.087% | $11.1M | $19.4M | 75x | as long as short |
| BingX FIL-USDC | +0.0100% | 8h | 0.9916 | +0.026% | — | $6.5M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9917 | +0.038% | $442K | $281K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9913 | −0.008% | $45K | $296K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9913 | long leg | $294K | $1.5M | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | +0.067% | $27K | $182K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9925 | +0.119% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.034% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9916 | +0.026% | $477 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9927 | +0.137% | $619K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | −0.034% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9915 | +0.018% | $697K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0197% | 1h | 0.9923 | +0.097% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9918 | +0.046% | $2.6M | $662K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0602% / S −0.0280% | 1h | 0.9918 | +0.049% | $265K | — | 100x | as long as short |
Binance FILUSDT
OKX FIL-USDT-SWAP
Gate FIL_USDT
MEXC FIL_USDC
Bitget 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
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]