Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Phemex−0.087%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 3 days (all we have)+0.254%+$25 · spread now −0.087%, 7d avg −0.014%
=Together, before fees+0.234%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.073% cheaper against Phemex than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex FILUSDT | 0.9930 | 0.0100 | pay 0.0100% / 8h | 1h 09m | $1.1M | $2.3M | 50x |
| Short | GRVT FIL_USDT_Perp | 0.9921 | 0.0100 | get 0.0100% / 8h | 1h 09m | $288K | $790K | 10x |
Phemex FILUSDT
GRVT FIL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phemex. 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
- $0
- Price spread: −0.087% → −0.014%
- −$7.32
- Slippage, 4 orders
- −$84.97
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$113.29
- Costs to cover
- 1.060%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; GRVT: live order book, 9 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 Phemex live order book, 4 min ago | 10.07 bp | 32.4 bp −$32 | 96.7 bp −$967 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 9 min ago | 5.05 bp | 36.0 bp −$36 | 322.3 bp −$3,223 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FIL_USDC-PERPETUAL | −0.0756% | 1h | 0.9929 | −0.010% | $171K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0691% | 1h | 0.9929 | −0.010% | $1.3M | $2.3M | 50x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0376% | 1h | 0.9929 | −0.010% | $319K | $1.9M | 50x | as long as short |
| Injective FIL/USDC PERP | −0.0252% | 1h | 0.9855 | −0.755% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9926 | −0.039% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9930 | +0.003% | $58K | $2K | 10x | as long as short |
| Bitget FILUSDT | +0.0008% | 8h | 0.9921 | −0.091% | $10.8M | $21.6M | 75x | as long as short |
| KuCoin FILUSDTM | +0.0014% | 8h | 0.9922 | −0.081% | $7.4M | $7.0M | 50x | as long as short |
| Bybit FILUSDT | +0.0033% | 8h | 0.9925 | −0.050% | $15.4M | $18.1M | 25x | as long as short |
| OKX FIL-USDT-SWAP | +0.0038% | 8h | 0.9923 | −0.070% | $18.2M | $98.4M | 50x | as long as short |
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Coinbase International FIL-PERP-INTX
Injective FIL/USDC PERP
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Bitget FILUSDT
KuCoin FILUSDTM
Bybit FILUSDT
OKX FIL-USDT-SWAPShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC FIL_USDC | +0.0075% | 8h | 0.9921 | −0.091% | $252K | $105K | 50x | as long as short |
| Binance FILUSDT | +0.0076% | 8h | 0.9924 | −0.060% | $57.4M | $176.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0078% | 8h | 0.9922 | −0.081% | — | $11.9M | — | as long as short |
| Extended FIL-USD | +0.0080% | 1h | 0.9918 | −0.121% | $692K | $2.3M | 10x | as long as short |
| Lighter FIL | +0.0096% | 1h | 0.9919 | −0.114% | $159K | $349K | 5x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9927 | −0.034% | $8.7M | $9.5M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9929 | −0.006% | $499K | $525K | 20x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9923 | −0.070% | $7.9M | $16.3M | 50x | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9926 | −0.039% | $442K | $277K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9925 | −0.053% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perpshort | +0.0100% | 8h | 0.9921 | −0.087% | $288K | $790K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9920 | −0.101% | $30K | $197K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9932 | +0.019% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | −0.201% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9923 | −0.070% | $492 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9930 | 0.000% | $629K | $5.6M | 75x | as long as short |
| Phemex FILUSDTlong | +0.0100% | 8h | 0.9930 | long leg | $1.1M | $2.3M | 50x | |
| BloFin FIL-USDT | +0.0196% | 8h | 0.9922 | −0.081% | $2.7M | $659K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0600% / S −0.0709% | 1h | 0.9925 | −0.047% | $207K | — | 100x | as long as short |
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
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]