Settings8H · net · $10k
Funding arb · Price arb /

IP

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h
Price spread now: Reya against GRVT−3.722%64s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Reya: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Reya is 3.722% cheaper against GRVT than usual: you would sell low and buy high, −$372 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT IP_USDT_Perp0.31080get 0.0000% / 4h2h 40m$93K$2K10x
ShortReya IPRUSDPERP0.29920get 0.0000% / 1h40m 00s

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Reya against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −3.722% → 0.000%
−$372.21
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Reya: 3 bp × 2 orders
−$6
Net
−$387.21
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: GRVT: no order-book sample; Reya: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT no order-book sample
Sell Reya no order-book sample
GRVT and Reya: 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.

IP on 2 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT IP_USDT_Perplong0.0000%4h0.3108long leg$93K$2K10x
Reya IPRUSDPERPshort0.0000%1h0.2992−3.722%