Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.04831+0.0100pay 0.0050% / 4h18m 14s$1.9M$1.4M10xLong Gate
SHORT0.04861+0.0100get 0.0050% / 4h18m 14s$819K$419K10xShort GRVT
Price gap+0.611%
Funding gap0.0000% /8h

Funding is ≈ 0, so this is a price-spread trade: +$36 on $10k if the gap goes back to its 7d average.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$180.0000% /8h now · paid +0.179% over the last 7D
Price+$36spread +0.611% now, avg +0.255% → +0.356% if it goes back
Costs−$5265.261% of $10k · taker + slippage, in and out
Result−$473−4.73%+ Points / potential airdropGRVT: points · farm board

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.611%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

H on 13 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size314.4 / 33.1 bp
    At $10k entering Gate costs 314.4 bp, fee and slippage, 9.5× GRVT’s.
  • Note: Margin at max leverage$1,000 + $1,000
    Gate 10x, GRVT 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval4h / 4h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: $0.00Long Gate: 6 payments, −$3.00; short GRVT: 6 payments, +$3.00.
  • OK: Entry gap works for you+0.611% vs +0.255%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$819K vs $1.9M OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCGate Yes · GRVT No
    KYC before the futures account opens; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0085%/8h × 21 periods+$17.90
Price spread+0.611% → +0.255% (7d avg)+$35.57
Slippage, 4 orderslive order books−$502.06
Fee Gate bp × 2 orders−$15.00
Fee GRVT bp × 2 orders−$9.00
Net · 7 days · $10k−$472.60
Costs to cover5.261%Break-even191.8 days
Slippage: Gate: live order book, 5 min ago; GRVT: live order book, 26 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGate6.18314.4 bp−$314doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTGRVT5.2333.1 bp−$33doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

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