Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against GRVT+0.098%67s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as 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−$440.436% of the position
Funding, last 7 days−0.035%−$3 on $10k
+Price spread, last 3 days (all we have)−0.385%−$39 · spread now +0.098%, 7d avg +0.038%
=Together, before fees−0.420%+ Points / potential airdropGRVT: Active · farm board−$42 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: MEXC is 0.060% dearer against GRVT than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.038%. The two prices were read 67 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 | GRVT ICP_USDT_Perp | 2.9941 | 0.0100 | pay 0.0100% / 8h | 1h 10m | $573K | $435K | 10x |
| Short | MEXC ICP_USDT | 2.9970 | 0.0100 | get 0.0100% / 8h | 1h 10m | $19.6M | $8.9M | 50x |
GRVT ICP_USDT_Perp
MEXC ICP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against GRVT. 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: +0.098% → +0.038%
- $6
- Slippage, 4 orders
- −$34.56
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$37.56
- Costs to cover
- 0.436%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; MEXC: live order book, 3 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 GRVT live order book, 7 min ago | 3.33 bp | 17.7 bp −$18 | 32.3 bp −$323 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 1.67 bp | 3.4 bp −$3 | 6.2 bp −$62 | 59.2 bp −$5,920 | 143.0 bp −$71.5K |
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 | −0.1474% | 8h | 2.9800 | −0.470% | $1.7M | $771K | 50x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0184% | 1h | 2.9961 | +0.068% | $267 | $464 | 50x | as long as short |
| Variational Omni ICP | −0.0159% | 8h | 2.9981 | +0.136% | $1.1M | $107K | — | as long as short |
| Injective ICP/USDC PERP | −0.0152% | 1h | 2.9665 | −0.921% | $202 | $200K | 12x | as long as short |
| Gate ICP_USDT | −0.0047% | 8h | 2.9960 | +0.065% | $1.9M | $2.8M | 50x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9958 | +0.058% | $70K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9984 | +0.146% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9994 | +0.178% | $165K | $446K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9979 | +0.129% | $209K | $1.4M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9978 | +0.125% | $136K | $11K | 5x | as long as short |
Phemex ICPUSDT
Deribit ICP_USDC-PERPETUAL
Variational Omni ICP
Injective ICP/USDC PERP
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 | +0.098% | $29.6M | $50.4M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 2.9950 | +0.031% | $17.4M | $17.9M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9950 | +0.031% | $5.9M | $16.1M | 50x | as long as short |
| MEXC ICP_USDTshort | +0.0100% | 8h | 2.9970 | +0.098% | $19.6M | $8.9M | 50x | |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9960 | +0.065% | $5.1M | $13.0M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9970 | +0.098% | $6.8M | $4.5M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9960 | +0.065% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9940 | −0.001% | $23K | $277K | 10x | as long as short |
| GRVT ICP_USDT_Perplong | +0.0100% | 8h | 2.9941 | long leg | $573K | $435K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9950 | +0.031% | $2K | $1.8M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9930 | −0.035% | $106K | $220K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9964 | +0.077% | $25K | $118K | 10x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9960 | +0.065% | $1.2M | $2.3M | 75x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0223% | 1h | 2.9971 | +0.100% | $486K | $528K | 50x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0240% | 1h | 3.0030 | +0.299% | $63K | $91K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0506% / S −0.0480% | 1h | 2.9980 | +0.131% | $37K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0674% | 1h | 3.0029 | +0.295% | $4.8M | $5.0M | 5x | as long as short |
Binance ICPUSDT
Bybit ICPUSDT
OKX ICP-USDT-SWAP
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
BloFin ICP-USDT
Kraken Futures PF_ICPUSD
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP