H

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.015%

Price spread now: GRVT against BloFin−0.115%102s7-day average −0.089% · you buy dearer than you sell

Net, funding: paid 7d − costs−$116as 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−$1151.149% of the position

Long on BloFin Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 3 days (all we have)−0.277%−$28 · spread now −0.115%, 7d avg −0.089%

Together, before fees−0.290%+ Points / potential airdropGRVT: Active · farm board−$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.026% cheaper against BloFin than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of −0.089%). If the spread goes back, that is −$3 on $10k: about 7.6 days of funding at the current rate ($0 a day). The two prices were read 102 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	BloFin H-USDT	0.06923	0.0089	pay 0.0044% / 4h	1h 21m	$586K	$115K	25x
Short	GRVT H_USDT_Perp	0.06915	0.0100	get 0.0050% / 4h	1h 21m	$1.1M	$437K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GRVTbpOrdersPrice spread, now −0.115%Rate

Funding earned: $2.41
Price spread: −0.115% → −0.089%: −$2.61
Slippage, 4 orders: −$93.91
Fee BloFin: 6 bp × 2 orders: −$12
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$115.11
Costs to cover: 1.149%
Break-even: 341.7 days

Slippage from BloFin: live order book, 60 min ago; GRVT: 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, 60 min ago	0.71 bp	16.4 bp −$16	72.2 bp −$722	doesn't fit	doesn't fit
Sell GRVT live order book, 2 min ago	2.16 bp	62.8 bp −$63	doesn't fit	doesn't fit	doesn't fit

H 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
Injective H/USDC PERP	+0.0033%	1h	0.06250	−9.721%	$1K	$1	5.5x	as long as short
BloFin H-USDTlong	+0.0089%	4h	0.06923	long leg	$586K	$115K	25x
Aster HUSDT	+0.0100%	4h	0.06919	−0.061%	$114K	$53K	5x	as long as short
Binance HUSDT	+0.0100%	4h	0.06917	−0.087%	$14.9M	$10.6M	10x	as long as short
Bybit HUSDT	+0.0100%	4h	0.06911	−0.172%	$7.5M	$4.6M	13x	as long as short
OKX H-USDT-SWAP	+0.0100%	4h	0.06920	−0.043%	$1.7M	$5.8M	10x	as long as short
Gate H_USDT	+0.0100%	4h	0.06915	−0.116%	$2.8M	$1.9M	10x	as long as short
MEXC H_USDT	+0.0100%	4h	0.06921	−0.029%	$6.2M	$1.1M	20x	as long as short
KuCoin HUSDTM	+0.0100%	4h	0.06913	−0.144%	$1.6M	$10.1M	8x	as long as short
Bitget HUSDT	+0.0100%	4h	0.06918	−0.072%	$1.7M	$455K	4x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX H-USDT	+0.0100%	4h	0.06928	+0.072%	—	$2.7M	—	as long as short
Variational Omni H	+0.0100%	4h	0.06904	−0.280%	$8K	$10K	—	as long as short
GRVT H_USDT_Perpshort	+0.0100%	4h	0.06915	−0.115%	$1.1M	$437K	10x
Extended H-USD	+0.0104%	1h	0.06919	−0.052%	$11K	$107K	5x	as long as short