Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.015%
Price spread now: GRVT against MEXC−0.244%52s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as 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−$280.278% of the position
Funding, last 7 days+0.025%+$2 on $10k
+Price spread, last 7 days+0.203%+$20 · spread now −0.244%, 7d avg +0.004%
=Together, before fees+0.227%+ Points / potential airdropGRVT: Active · farm board+$23 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.248% cheaper against MEXC than usual: you would sell low and buy high, −$25 on $10k if it goes back to its 7-day average of +0.004%. The two prices were read 52 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 | MEXC HBAR_USDT | 0.09437 | 0.0100 | pay 0.0100% / 8h | 3h 54m | $26.3M | $19.4M | 200x |
| Short | GRVT HBAR_USDT_Perp | 0.09414 | 0.0100 | get 0.0100% / 8h | 3h 54m | $384K | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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
- $0
- Price spread: −0.244% → +0.004%
- −$24.81
- Slippage, 4 orders
- −$18.79
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.6
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; GRVT: live order book, 4 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 MEXC live order book, 4 min ago | 0.53 bp | 3.2 bp −$3 | 8.4 bp −$84 | 28.3 bp −$2,825 | 100.3 bp −$50.1K |
| Sell GRVT live order book, 4 min ago | 1.06 bp | 10.8 bp −$11 | 27.1 bp −$271 | doesn't fit | doesn't fit |
HBAR on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX HBAR-USD | 0.0000% | 1h | 0.09445 | +0.086% | $31K | $4K | 5x | as long as short |
| gTrade (Gains Network) HBAR/USD | L +0.0007% / S −0.0011% | 1h | 0.09445 | +0.081% | $9K | — | 150x | as long as short |
| Injective HBAR/USDC PERP | +0.0033% | 1h | 0.09282 | −1.642% | $1K | $105K | 12x | as long as short |
| KuCoin HBARUSDTM | +0.0056% | 8h | 0.09440 | +0.032% | $7.2M | $7.3M | 75x | as long as short |
| Deribit HBAR_USDC-PERPETUAL | +0.0068% | 1h | 0.09444 | +0.074% | $520K | $186K | 50x | as long as short |
| Coinbase International HBAR-PERP-INTX | +0.0080% | 1h | 0.09443 | +0.064% | $224K | $2.3M | 50x | as long as short |
| Orderly PERP_HBAR_USDC | +0.0080% | 8h | 0.09436 | −0.011% | $2K | $14K | 10x | as long as short |
| Lighter HBAR | +0.0096% | 1h | 0.09437 | 0.000% | $570K | $602K | 5x | as long as short |
| Gate HBAR_USDT | +0.0099% | 8h | 0.09440 | +0.032% | $2.5M | $2.7M | 75x | as long as short |
| Aster HBARUSDT | +0.0100% | 8h | 0.09442 | +0.055% | $215K | $328K | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance HBARUSDT | +0.0100% | 8h | 0.09439 | +0.021% | $35.0M | $108.0M | 75x | as long as short |
| Bybit HBARUSDT | +0.0100% | 8h | 0.09438 | +0.011% | $33.3M | $34.8M | 75x | as long as short |
| OKX HBAR-USDT-SWAP | +0.0100% | 8h | 0.09437 | 0.000% | $6.7M | $25.5M | 50x | as long as short |
| MEXC HBAR_USDTlong | +0.0100% | 8h | 0.09437 | long leg | $26.3M | $19.4M | 200x | |
| Bitget HBARUSDT | +0.0100% | 8h | 0.09436 | −0.011% | $17.2M | $15.2M | 75x | as long as short |
| BingX HBAR-USDT | +0.0100% | 8h | 0.09436 | −0.011% | — | $6.4M | — | as long as short |
| Backpack HBAR_USDC_PERP | +0.0100% | 1h | 0.09444 | +0.074% | $39K | $201K | 15x | as long as short |
| Variational Omni HBAR | +0.0100% | 8h | 0.09437 | −0.002% | $1.0M | $187K | — | as long as short |
| GRVT HBAR_USDT_Perpshort | +0.0100% | 8h | 0.09414 | −0.244% | $384K | $2.6M | 10x | |
| ApeX Omni HBARUSDT | +0.0100% | 1h | 0.09414 | −0.244% | $152K | $711K | 50x | as long as short |
| SoDEX HBAR-USD | +0.0100% | 1h | 0.09442 | +0.053% | $438 | $5K | 5x | as long as short |
| HTX HBAR-USDT | +0.0100% | 8h | 0.09459 | +0.233% | $72K | $68K | 20x | as long as short |
| Phemex HBARUSDT | +0.0100% | 8h | 0.09443 | +0.064% | $2.2M | $2.1M | 50x | as long as short |
| Extended HBAR-USD | +0.0104% | 1h | 0.09436 | −0.016% | $50K | $277K | 10x | as long as short |
| BloFin HBAR-USDT | +0.0220% | 8h | 0.09439 | +0.021% | $1.5M | $5.6M | 90x | as long as short |
| GMX HBAR/USD [WBTC.b-USDC] | L +0.0350% / S −0.0243% | 1h | 0.09445 | +0.090% | $82K | — | 100x | as long as short |
| Kraken Futures PF_HBARUSD | +0.0356% | 1h | 0.09446 | +0.097% | $1.4M | $2.8M | 50x | as long as short |
| Hyperliquid HBAR | +0.0663% | 1h | 0.09458 | +0.223% | $9.6M | $3.2M | 5x | as long as short |
MEXC HBAR_USDT
GRVT HBAR_USDT_Perp
gTrade (Gains Network) HBAR/USD
Injective HBAR/USDC PERP
KuCoin HBARUSDTM
Deribit HBAR_USDC-PERPETUAL
Coinbase International HBAR-PERP-INTX
Lighter HBAR
Gate HBAR_USDT
Aster HBARUSDT
Binance HBARUSDT
Bybit HBARUSDT
OKX HBAR-USDT-SWAP
Bitget HBARUSDT
BingX HBAR-USDT
Backpack HBAR_USDC_PERP
Variational Omni HBAR
ApeX Omni HBARUSDT
SoDEX HBAR-USD
HTX HBAR-USDT
Phemex HBARUSDT
Extended HBAR-USD
BloFin HBAR-USDT
GMX HBAR/USD [WBTC.b-USDC]
Kraken Futures PF_HBARUSD
Hyperliquid HBAR