Funding you earn now, next payment 04:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.08 per $10,000 · paid last 24h +0.013%
Price spread now: BloFin against GRVT−0.416%7-day average +0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1531.532% of the position
Funding, last 7 days+0.015%+$1 on $10k
+Price spread, last 3 days (all we have)+0.674%+$67 · spread now −0.416%, 7d avg +0.079%
=Together, before fees+0.689%+ Points / potential airdropGRVT: Active · farm board+$69 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.496% cheaper against GRVT than usual: you would sell low and buy high (spread −0.416% now, against its 7-day average of +0.079%). If the spread goes back, that is −$50 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.015% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT H_USDT_Perp | 0.06946 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $1.2M | $436K | 10x |
| Short | BloFin H-USDT | 0.06917 | 0.0116 | get 0.0058% / 4h | 3h 14m | $598K | $114K | 25x |
GRVT H_USDT_Perp
BloFin H-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $3.36
- Price spread: −0.416% → +0.079%
- −$49.57
- Slippage, 4 orders
- −$132.23
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$199.43
- Costs to cover
- 1.532%
- Break-even
- 422.4 days
Slippage from GRVT: live order book, 3 min ago; BloFin: live order book, 57 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 GRVT live order book, 3 min ago | 5.00 bp | 44.8 bp −$45 | 40338.6 bp −$403.4K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 57 min ago | 2.13 bp | 35.2 bp −$35 | 111.7 bp −$1,117 | 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 | −10.019% | $1K | $1 | 5.5x | as long as short |
| Aster HUSDT | +0.0100% | 4h | 0.06922 | −0.346% | $114K | $55K | 5x | as long as short |
| Binance HUSDT | +0.0100% | 4h | 0.06913 | −0.480% | $14.8M | $10.7M | 10x | as long as short |
| Bybit HUSDT | +0.0100% | 4h | 0.06896 | −0.713% | $7.5M | $4.7M | 13x | as long as short |
| OKX H-USDT-SWAP | +0.0100% | 4h | 0.06917 | −0.416% | $1.7M | $6.0M | 10x | as long as short |
| Gate H_USDT | +0.0100% | 4h | 0.06913 | −0.474% | $2.8M | $1.9M | 10x | as long as short |
| MEXC H_USDT | +0.0100% | 4h | 0.06917 | −0.416% | $6.2M | $1.1M | 20x | as long as short |
| KuCoin HUSDTM | +0.0100% | 4h | 0.06905 | −0.589% | $1.6M | $9.9M | 8x | as long as short |
| Bitget HUSDT | +0.0100% | 4h | 0.06896 | −0.719% | $1.7M | $451K | 4x | as long as short |
| BingX H-USDT | +0.0100% | 4h | 0.06916 | −0.431% | — | $2.7M | — | as long as short |
Injective H/USDC PERP
Aster HUSDT
Binance HUSDT
Bybit HUSDT
OKX H-USDT-SWAP
Gate H_USDT
MEXC H_USDT
KuCoin HUSDTM
Bitget HUSDT
BingX H-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni H | +0.0100% | 4h | 0.06926 | −0.281% | $8K | $10K | — | as long as short |
| GRVT H_USDT_Perplong | +0.0100% | 4h | 0.06946 | long leg | $1.2M | $436K | 10x | |
| Extended H-USD | +0.0104% | 1h | 0.06922 | −0.351% | $9K | $103K | 5x | as long as short |
| BloFin H-USDTshort | +0.0116% | 4h | 0.06917 | −0.416% | $598K | $114K | 25x |
Variational Omni H
Extended H-USD