Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.017%
Price spread now: GRVT against Extended+0.076%52s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as 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−$600.598% of the position
Funding, last 7 days+0.025%+$3 on $10k
+Price spread, last 3 days (all we have)+0.241%+$24 · spread now +0.076%, 7d avg −0.006%
=Together, before fees+0.267%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$27 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 0.082% dearer against Extended than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.006%. 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 | Extended ICP-USD | 2.9964 | 0.0104 | pay 0.0013% / 1h | 12m 41s | $25K | $118K | 10x |
| Short | GRVT ICP_USDT_Perp | 2.9987 | 0.0100 | get 0.0100% / 8h | 1h 12m | $574K | $435K | 10x |
Extended ICP-USD
GRVT ICP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$0.84
- Price spread: +0.076% → −0.006%
- $8.22
- Slippage, 4 orders
- −$45.83
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.45
- Costs to cover
- 0.598%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; GRVT: live order book, 5 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 Extended live order book, 3 min ago | 3.51 bp | 11.7 bp −$12 | 66.5 bp −$665 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 3.33 bp | 18.3 bp −$18 | 58.8 bp −$588 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phemex ICPUSDT | −0.1479% | 8h | 2.9790 | −0.581% | $1.7M | $771K | 50x | as long as short |
| Variational Omni ICP | −0.0159% | 8h | 2.9981 | +0.057% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.998% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0150% | 1h | 2.9952 | −0.040% | $267 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0049% | 8h | 2.9950 | −0.047% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9958 | −0.020% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9964 | 0.000% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0000 | +0.120% | $165K | $443K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9981 | +0.056% | $209K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9980 | +0.054% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDT
Pacifica ICPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance ICPUSDT | +0.0100% | 8h | 2.9970 | +0.020% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9950 | −0.047% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9960 | −0.014% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9970 | +0.020% | $19.5M | $8.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | −0.014% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9970 | +0.020% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9950 | −0.047% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0000 | +0.120% | $23K | $279K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9987 | +0.076% | $574K | $435K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9920 | −0.147% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.114% | $106K | $220K | 20x | as long as short |
| Extended ICP-USDlong | +0.0104% | 1h | 2.9964 | long leg | $25K | $118K | 10x | |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9910 | −0.180% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9970 | +0.020% | $486K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.220% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0505% / S −0.0480% | 1h | 2.9958 | −0.020% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0673% | 1h | 3.0034 | +0.233% | $4.8M | $5.0M | 5x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP