Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: GRVT against Gate+0.707%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$830.826% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 3 days (all we have)−0.509%−$51 · spread now +0.707%, 7d avg −0.023%
=Together, before fees−0.368%+ Points / potential airdropGRVT: Active · farm board−$37 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 0.731% dearer against Gate than usual: you sell high and buy low, +$73 on $10k if it goes back to its 7-day average of −0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ICP_USDT | 2.9900 | 0.0100 | pay 0.0100% / 8h | 6h 54m | $1.9M | $3.0M | 50x |
| Short | GRVT ICP_USDT_Perp | 3.0112 | 0.0100 | get 0.0100% / 8h | 6h 54m | $582K | $479K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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: +0.707% → −0.023%
- $73.09
- Slippage, 4 orders
- −$58.58
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$9.49
- Costs to cover
- 0.826%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; GRVT: live order book, 13 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 Gate live order book, 3 min ago | 4.98 bp | 18.3 bp −$18 | 41.2 bp −$412 | 76.1 bp −$7,610 | doesn't fit |
| Sell GRVT live order book, 13 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 | −0.0031% | 8h | 2.9910 | +0.035% | $1.1M | $118K | — | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0017% | 1h | 2.9907 | +0.023% | $267 | $464 | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9958 | +0.193% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 2.9903 | +0.011% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.786% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9946 | +0.154% | $166K | $485K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9921 | +0.072% | $331K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9967 | +0.225% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9920 | +0.068% | $29.9M | $53.7M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9900 | 0.000% | $17.7M | $18.9M | 75x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9920 | +0.067% | $5.9M | $17.0M | 50x | as long as short |
| Gate ICP_USDTlong | +0.0100% | 8h | 2.9900 | long leg | $1.9M | $3.0M | 50x | |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9920 | +0.067% | $19.1M | $9.8M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9880 | −0.067% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9930 | +0.100% | $7.0M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9910 | +0.033% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 3.0138 | +0.797% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 3.0112 | +0.707% | $582K | $479K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9900 | 0.000% | $1K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9880 | −0.067% | $105K | $240K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0030 | +0.435% | $1.8M | $781K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9900 | −0.001% | $22K | $128K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9950 | +0.167% | $1.3M | $2.3M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0130 | +0.769% | $63K | $66K | 50x | as long as short |
| Hyperliquid ICP | +0.0449% | 1h | 2.9950 | +0.167% | $4.8M | $5.1M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0507% / S −0.0480% | 1h | 2.9907 | +0.025% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0897% | 1h | 2.9934 | +0.113% | $542K | $619K | 50x | as long as short |
Gate ICP_USDT
GRVT ICP_USDT_Perp
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 ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD