Funding you earn now, next payment 08:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.24 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin−0.101%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.166%+$17 · spread now −0.101%, 7d avg −0.029%
=Funding pays, the price is against you. MEXC is 0.072% cheaper against BloFin than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.029%). If the spread goes back, that is −$7 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRVT-USDT | 0.1885 | 0.0155 | pay 0.0077% / 4h | 1h 34m | $238K | $45K | 20x |
| Short | MEXC GRVT_USDT | 0.1883 | 0.0202 | get 0.0101% / 4h | 1h 34m | $3.5M | $131K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. 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
- $9.89
- Price spread: −0.101% → −0.029%
- −$7.17
- Slippage, 4 orders
- −$59.39
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$76.67
- Costs to cover
- 0.794%
- Break-even
- 61.2 days
Slippage from BloFin: live order book, 41 min ago; MEXC: live order book, 2 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 BloFin live order book, 41 min ago | 0.53 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.86 bp | 20.9 bp −$21 | 62.0 bp −$620 | 129.8 bp −$13.0K | 645.3 bp −$322.6K |
GRVT on 14 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_USDT | +0.0100% | 4h | 0.1883 | −0.101% | $328K | $100K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1882 | −0.133% | $193K | $767K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1887 | +0.115% | $263K | $16K | — | as long as short |
| BloFin GRVT-USDTlong | +0.0155% | 4h | 0.1885 | long leg | $238K | $45K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0196% | 4h | 0.1883 | −0.095% | $2.0M | $2.0M | 20x | as long as short |
| MEXC GRVT_USDTshort | +0.0202% | 4h | 0.1883 | −0.101% | $3.5M | $131K | 20x | |
| edgeX GRVTUSDC | +0.0218% | 4h | 0.1885 | +0.003% | $10K | $281K | 10x | as long as short |
| Bybit GRVTUSDT | +0.0269% | 4h | 0.1885 | +0.027% | $2.8M | $748K | 20x | as long as short |
| Extended GRVT-USD | +0.0392% | 1h | 0.1883 | −0.100% | $102K | $324K | 5x | as long as short |
| Binance GRVTUSDT | +0.0393% | 4h | 0.1883 | −0.075% | $5.1M | $2.8M | 25x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget GRVTUSDT | +0.0396% | 4h | 0.1884 | −0.048% | $662K | $845K | 20x | as long as short |
| BingX GRVT-USDT | +0.0396% | 4h | 0.1883 | −0.101% | — | $1.7M | — | as long as short |
| Aster GRVTUSDT | +0.0531% | 4h | 0.1883 | −0.086% | $23K | $29K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0832% | 4h | 0.1889 | +0.195% | $277K | $155K | 10x | as long as short |
BloFin GRVT-USDT
MEXC GRVT_USDT
Gate GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
Bybit GRVTUSDT
Extended GRVT-USD
Binance GRVTUSDT
Bitget GRVTUSDT
BingX GRVT-USDT
Aster GRVTUSDT
GRVT GRVT_USDT_Perp