Funding you earn now, next payment 00:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against GRVT+0.030%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$770.768% of the position
Funding, last 7 days−0.133%−$13 on $10k
+Price spread, last 3 days (all we have)−0.364%−$36 · spread now +0.030%, 7d avg −0.009%
=Together, before fees−0.497%+ Points / potential airdropGRVT: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.039% dearer against GRVT than usual: you sell high and buy low (spread +0.030% now, against its 7-day average of −0.009%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 10.0 days. At the pace of the last 7 days (−0.133% in total) that is about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT FIL_USDT_Perp | 0.9857 | 0.0100 | pay 0.0100% / 8h | 33m 15s | $294K | $818K | 10x |
| Short | Gate FIL_USDT | 0.9860 | 0.0087 | get 0.0087% / 8h | 33m 15s | $7.9M | $16.2M | 50x |
GRVT FIL_USDT_Perp
Gate FIL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.73
- Price spread: +0.030% → −0.009%
- $3.89
- Slippage, 4 orders
- −$52.82
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$75.66
- Costs to cover
- 0.768%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 45 min ago; Gate: live order book, 5 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, 45 min ago | 5.05 bp | 9.5 bp −$10 | 66.7 bp −$667 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 0.51 bp | 13.5 bp −$13 | 22.5 bp −$225 | 61.0 bp −$6,102 | 102.2 bp −$51.1K |
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 | −0.0763% | 1h | 0.9866 | +0.091% | $170K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0394% | 1h | 0.9864 | +0.070% | $1.3M | $2.4M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0352% | 1h | 0.9870 | +0.132% | $316K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0245% | 1h | 0.9855 | −0.021% | $2K | $240K | 12x | as long as short |
| KuCoin FILUSDTM | −0.0018% | 8h | 0.9858 | +0.010% | $7.4M | $7.1M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9864 | +0.075% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9858 | +0.008% | $57K | $2K | 10x | as long as short |
| OKX FIL-USDT-SWAP | +0.0015% | 8h | 0.9858 | +0.010% | $18.1M | $98.5M | 50x | as long as short |
| Bitget FILUSDT | +0.0029% | 8h | 0.9858 | +0.010% | $10.9M | $21.6M | 75x | as long as short |
| Bybit FILUSDT | +0.0046% | 8h | 0.9860 | +0.030% | $15.4M | $18.3M | 25x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
KuCoin FILUSDTM
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
OKX FIL-USDT-SWAP
Bitget FILUSDT
Bybit FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended FIL-USD | +0.0048% | 1h | 0.9856 | −0.009% | $689K | $2.3M | 10x | as long as short |
| Binance FILUSDT | +0.0050% | 8h | 0.9858 | +0.010% | $57.2M | $178.5M | 75x | as long as short |
| MEXC FIL_USDC | +0.0054% | 8h | 0.9857 | 0.000% | $250K | $104K | 50x | as long as short |
| BingX FIL-USDC | +0.0060% | 8h | 0.9859 | +0.020% | — | $6.5M | — | as long as short |
| Gate FIL_USDTshort | +0.0087% | 8h | 0.9860 | +0.030% | $7.9M | $16.2M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9854 | −0.033% | $158K | $347K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9862 | +0.050% | $8.5M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9862 | +0.048% | $497K | $545K | 20x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9860 | +0.034% | $439K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9855 | −0.017% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9857 | long leg | $294K | $818K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9860 | +0.030% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9869 | +0.119% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9860 | +0.030% | $2K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9858 | +0.010% | $481 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9867 | +0.101% | $629K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9860 | +0.030% | $1.1M | $2.3M | 50x | as long as short |
| BloFin FIL-USDT | +0.0170% | 8h | 0.9861 | +0.040% | $2.7M | $571K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0571% / S −0.0666% | 1h | 0.9864 | +0.072% | $196K | — | 100x | as long as short |
Extended FIL-USD
Binance FILUSDT
MEXC FIL_USDC
BingX FIL-USDC
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
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]