Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.010%
Price spread now: GRVT against dYdX−0.219%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.179%+$18 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. GRVT is 0.219% cheaper against dYdX than usual: you would sell low and buy high (spread −0.219% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 7.3 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | dYdX ICP-USD | 2.9984 | 0 | get 0.0000% / 1h | 27m 48s | $70K | $4K | 5x |
| Short | GRVT ICP_USDT_Perp | 2.9918 | 0.0100 | get 0.0100% / 8h | 6h 27m | $580K | $491K | 10x |
dYdX ICP-USD
GRVT ICP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- $21
- Price spread: −0.219% → 0.000%
- −$21.92
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$19.92
- Costs to cover
- 0.190%
- Break-even
- 13.6 days
Slippage unknown: dYdX: no order-book sample; GRVT: live order book, 40 min ago. Net counts fees only.
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 dYdX no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 40 min ago | 3.27 bp | 19.4 bp −$19 | 70.7 bp −$707 | doesn't fit | doesn't fit |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ICP on 26 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 | −0.0004% | 8h | 2.9960 | −0.079% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USDlong | 0.0000% | 1h | 2.9984 | long leg | $70K | $4K | 5x | |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0093 | +0.364% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0070 | +0.287% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −1.064% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0125 | +0.470% | $164K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0098 | +0.380% | $292K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9994 | +0.034% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0092 | +0.362% | $29.7M | $54.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0080 | +0.320% | $17.7M | $19.0M | 75x | as long as short |
Variational Omni ICP
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0080 | +0.320% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0100 | +0.387% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0090 | +0.354% | $19.5M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0060 | +0.253% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0100 | +0.387% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0090 | +0.354% | — | $6.0M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9967 | −0.057% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9918 | −0.219% | $580K | $491K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 3.0030 | +0.153% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9980 | −0.013% | $105K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0060 | +0.253% | $1.8M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0089 | +0.350% | $22K | $131K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0040 | +0.187% | $65K | $71K | 50x | as long as short |
| Hyperliquid ICP | +0.0289% | 1h | 3.0121 | +0.457% | $4.7M | $5.2M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0073 | +0.297% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0891% | 1h | 3.0133 | +0.495% | $546K | $611K | 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