Funding you earn now, next payment 00:00 UTC+0.1411%/8h= +154.5% APRnext payment +$14.11 per $10,000 · paid last 24h +0.261%
Price spread now: GRVT against Phemex+0.466%77s7-day average +0.111% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+2.433%+$243 on $10k
+Price spread, last 3 days (all we have)−0.154%−$15 · spread now +0.466%, 7d avg +0.111%
=Together, before fees+2.279%+ Points / potential airdropGRVT: Active · farm board+$228 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$42 a day on $10k at the current rate, and GRVT is 0.355% dearer against Phemex than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.111%. The two prices were read 77 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 | Phemex ICPUSDT | 2.9640 | −0.1311 | get 0.1311% / 8h | 2h 32m | $1.7M | $781K | 50x |
| Short | GRVT ICP_USDT_Perp | 2.9778 | 0.0100 | get 0.0100% / 8h | 2h 32m | $571K | $481K | 10x |
Phemex ICPUSDT
GRVT ICP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phemex. 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
- $296.27
- Price spread: +0.466% → +0.111%
- $35.46
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $310.74
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Phemex: live order book, 1 min ago; GRVT: live order book, 55 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 Phemex live order book, 1 min ago | 1.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 55 min ago | 3.37 bp | 16.1 bp −$16 | 50.8 bp −$508 | 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 ICPUSDTlong | −0.1311% | 8h | 2.9640 | long leg | $1.7M | $781K | 50x | |
| Variational Omni ICP | −0.0263% | 8h | 2.9734 | +0.317% | $1.1M | $119K | — | as long as short |
| Injective ICP/USDC PERP | −0.0199% | 1h | 2.9665 | +0.084% | $202 | $200K | 12x | as long as short |
| Deribit ICP_USDC-PERPETUAL | −0.0187% | 1h | 2.9763 | +0.415% | $265 | $464 | 50x | as long as short |
| Gate ICP_USDT | −0.0115% | 8h | 2.9730 | +0.304% | $1.9M | $2.7M | 50x | as long as short |
| Bybit ICPUSDT | −0.0016% | 8h | 2.9740 | +0.337% | $17.1M | $17.6M | 75x | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9755 | +0.387% | $69K | $4K | 5x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0010% | 1h | 2.9763 | +0.416% | $27K | — | 150x | as long as short |
| Lighter ICP | +0.0096% | 1h | 2.9789 | +0.503% | $166K | $442K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 2.9767 | +0.430% | $187K | $1.5M | 20x | as long as short |
Variational Omni ICP
Injective ICP/USDC PERP
Deribit ICP_USDC-PERPETUAL
Gate ICP_USDT
Bybit ICPUSDT
dYdX ICP-USD
gTrade (Gains Network) ICP/USD
Lighter ICP
Aster ICPUSDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica ICP | +0.0100% | 1h | 2.9750 | +0.371% | $135K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 2.9755 | +0.386% | $28.9M | $48.7M | 75x | as long as short |
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 2.9730 | +0.304% | $5.8M | $15.6M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 2.9750 | +0.371% | $19.5M | $8.5M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 2.9750 | +0.371% | $5.2M | $12.8M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 2.9750 | +0.371% | $6.8M | $4.4M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 2.9740 | +0.337% | — | $4.9M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9767 | +0.427% | $23K | $278K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9778 | +0.466% | $571K | $481K | 10x | |
| SunX ICP-USDT | +0.0100% | 8h | 2.9730 | +0.304% | $1K | $1.7M | 20x | as long as short |
| HTX ICP-USDT | +0.0100% | 8h | 2.9720 | +0.270% | $106K | $218K | 20x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 2.9750 | +0.373% | $24K | $123K | 10x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0148% | 1h | 2.9782 | +0.480% | $495K | $510K | 50x | as long as short |
| BloFin ICP-USDT | +0.0220% | 8h | 2.9720 | +0.270% | $1.2M | $2.2M | 75x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0232% | 1h | 2.9760 | +0.405% | $62K | $88K | 50x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0432% / S −0.0367% | 1h | 2.9763 | +0.414% | $31K | — | 100x | as long as short |
| Hyperliquid ICP | +0.0922% | 1h | 2.9811 | +0.577% | $4.7M | $5.0M | 5x | as long as short |
Pacifica ICP
Binance ICPUSDT
OKX ICP-USDT-SWAP
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
SunX ICP-USDT
HTX ICP-USDT
Extended ICP-USD
Kraken Futures PF_ICPUSD
BloFin ICP-USDT
Coinbase International ICP-PERP-INTX
GMX ICP/USD [WBTC.b-USDC]
Hyperliquid ICP