Funding you earn now, next payment 04:00 UTC−0.0508%/8h= −55.6% APRnext payment −$2.54 per $10,000 · paid last 24h +0.024%
Price spread now: Gate against Bitget+0.053%7-day average −0.091% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,135as in the Price arb table
costs, in and out, $10k−$2,14921.492% of the position
Funding, last 7 days+0.307%+$31 on $10k
+Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.053%, 7d avg −0.091%
=The price spread pays, funding is against you. Gate is 0.143% dearer against Bitget than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.091%): +$14 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.307%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.307% in total (about 16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRVTUSDT | 0.1899 | 0.0194 | pay 0.0097% / 4h | 2h 18m | $670K | $616K | 20x |
| Short | Gate GRVT_USDT | 0.1900 | −0.0314 | pay 0.0157% / 4h | 2h 18m | $336K | $56K | 20x |
Bitget GRVTUSDT
Gate GRVT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$106.68
- Price spread: +0.053% → −0.091%
- $14.33
- Slippage, 4 orders
- −$2,122.24
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$2,241.59
- Costs to cover
- 21.492%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 46 min ago; Gate: live order book, 46 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 Bitget live order book, 46 min ago | 4.93 bp | 24.9 bp −$25 | 351.5 bp −$3,515 | doesn't fit | doesn't fit |
| Sell Gate live order book, 46 min ago | 5.19 bp | 333.2 bp −$333 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDTshort | −0.0314% | 4h | 0.1900 | +0.053% | $336K | $56K | 20x | |
| OKX GRVT-USDT-SWAP | −0.0016% | 4h | 0.1899 | −0.021% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | 0.0000% | 4h | 0.1897 | −0.111% | $3.6M | $134K | 20x | as long as short |
| edgeX GRVTUSDC | +0.0060% | 4h | 0.1901 | +0.102% | $10K | $282K | 10x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1898 | −0.053% | $2.8M | $760K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1896 | −0.147% | $229K | $714K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1902 | +0.139% | $266K | $16K | — | as long as short |
| GRVT GRVT_USDT_Perp | +0.0100% | 4h | 0.1904 | +0.244% | $293K | $203K | 10x | as long as short |
| Extended GRVT-USD | +0.0184% | 1h | 0.1896 | −0.132% | $101K | $426K | 5x | as long as short |
| Binance GRVTUSDT | +0.0187% | 4h | 0.1897 | −0.097% | $5.1M | $2.8M | 25x | as long as short |
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
edgeX GRVTUSDC
Bybit GRVTUSDT
KuCoin GRVTUSDTM
Variational Omni GRVT
GRVT GRVT_USDT_Perp
Extended GRVT-USD
Binance GRVTUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRVTUSDTlong | +0.0194% | 4h | 0.1899 | long leg | $670K | $616K | 20x | |
| Aster GRVTUSDT | +0.0263% | 4h | 0.1900 | +0.042% | $23K | $31K | 5x | as long as short |
| BingX GRVT-USDT | +0.0274% | 4h | 0.1898 | −0.053% | — | $1.6M | — | as long as short |
Aster GRVTUSDT
BingX GRVT-USDT