Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.039%
Price spread now: GRVT against BloFin−0.041%102s7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$660.664% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.041%, 7d avg −0.072%
=Together, before fees−0.115%+ Points / potential airdropGRVT: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.031% dearer against BloFin than usual: you sell high and buy low (spread −0.041% now, against its 7-day average of −0.072%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 21 hours. 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 ICP-USDT | 3.0060 | 0.0220 | pay 0.0220% / 8h | 6h 49m | $1.3M | $2.3M | 75x |
| Short | GRVT ICP_USDT_Perp | 3.0048 | 0.0100 | get 0.0100% / 8h | 6h 49m | $571K | $477K | 10x |
BloFin ICP-USDT
GRVT ICP_USDT_PerpFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$25.2
- Price spread: −0.041% → −0.072%
- $3.13
- Slippage, 4 orders
- −$45.44
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$88.51
- Costs to cover
- 0.664%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; GRVT: live order book, 18 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, 4 min ago | 6.65 bp | 14.1 bp −$14 | 18.2 bp −$182 | 116.6 bp −$11.7K | doesn't fit |
| Sell GRVT live order book, 18 min ago | 3.27 bp | 19.4 bp −$19 | 70.7 bp −$707 | doesn't fit | doesn't fit |
ICP on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.0025% | 8h | 3.0040 | −0.065% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 3.0165 | +0.350% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0121 | +0.203% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0133 | +0.244% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.314% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0172 | +0.373% | $166K | $488K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0152 | +0.307% | $310K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 3.0161 | +0.337% | $137K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0138 | +0.259% | $30.0M | $54.1M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0140 | +0.266% | $17.8M | $19.0M | 75x | as long as short |
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0120 | +0.200% | $5.9M | $17.3M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0140 | +0.266% | $1.9M | $3.0M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0140 | +0.266% | $19.2M | $9.9M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0120 | +0.200% | $5.0M | $13.5M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0150 | +0.299% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0140 | +0.266% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0017 | −0.143% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 3.0048 | −0.041% | $571K | $477K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 3.0100 | +0.133% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 3.0040 | −0.067% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0190 | +0.432% | $1.8M | $788K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0142 | +0.272% | $22K | $128K | 10x | as long as short |
| BloFin ICP-USDTlong | +0.0220% | 8h | 3.0060 | long leg | $1.3M | $2.3M | 75x | |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0120 | +0.200% | $61K | $69K | 50x | as long as short |
| Hyperliquid ICP | +0.0482% | 1h | 3.0185 | +0.416% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0509% / S −0.0480% | 1h | 3.0128 | +0.225% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0890% | 1h | 3.0161 | +0.335% | $546K | $620K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD