Funding you earn now, next payment 00:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.004%
Price spread now: GRVT against Gate+0.223%96s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as 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−$910.906% of the position
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 4 days (all we have)+0.998%+$100 · spread now +0.223%, 7d avg +0.038%
=Together, before fees+1.086%+ Points / potential airdropGRVT: Active · farm board+$109 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.185% dearer against Gate than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 96 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 | Gate JUP_USDT | 0.2981 | 0.0072 | pay 0.0036% / 4h | 3h 03m | $744K | $2.0M | 75x |
| Short | GRVT JUP_USDT_Perp | 0.2988 | 0.0100 | get 0.0050% / 4h | 3h 03m | $1.6M | $4.3M | 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
- $5.88
- Price spread: +0.223% → +0.038%
- $18.51
- Slippage, 4 orders
- −$66.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$66.23
- Costs to cover
- 0.906%
- Break-even
- 85.8 days
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago | 3.35 bp | 20.8 bp −$21 | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 3.36 bp | 15.2 bp −$15 | 66.5 bp −$665 | doesn't fit | doesn't fit |
JUP on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective JUP/USDC PERP | −0.4049% | 1h | 0.3006 | +0.839% | $3K | $110K | 5.5x | as long as short |
| GMX JUP/USD [WBTC.b-USDC] | L −0.0673% / S +0.0235% | 1h | 0.2983 | +0.056% | $13K | — | 100x | as long as short |
| Bybit JUPUSDT | −0.0231% | 4h | 0.2980 | −0.047% | $16.3M | $24.1M | 50x | as long as short |
| Phoenix JUP | 0.0000% | 1h | 0.2989 | +0.258% | $95K | $396K | 10x | as long as short |
| Deribit JUP_USDC-PERPETUAL | 0.0000% | 1h | 0.2983 | +0.060% | $58K | $13K | 10x | as long as short |
| gTrade (Gains Network) JUP/USD | L +0.0002% / S −0.0001% | 1h | 0.2984 | +0.091% | $17K | — | 150x | as long as short |
| BloFin JUP-USDT | +0.0046% | 4h | 0.2986 | +0.168% | $870K | $334K | 50x | as long as short |
| Reya JUPRUSDPERP | +0.0057% | 1h | 0.2980 | −0.047% | — | — | 20x | as long as short |
| dYdX JUP-USD | +0.0057% | 1h | 0.2987 | +0.204% | $39K | $38K | 5x | as long as short |
| Gate JUP_USDTlong | +0.0072% | 4h | 0.2981 | long leg | $744K | $2.0M | 75x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex JUP-USD-PERP | +0.0096% | 8h | 0.2982 | +0.038% | $9K | $15K | 10x | as long as short |
| Lighter JUP | +0.0096% | 1h | 0.2985 | +0.151% | $922K | $1.2M | 10x | as long as short |
| Orderly PERP_JUP_USDC | +0.0099% | 4h | 0.2984 | +0.101% | $31K | $51K | 10x | as long as short |
| Nado JUP-PERP | +0.0100% | 1h | 0.2979 | −0.050% | $600K | $674K | 10x | as long as short |
| Aster JUPUSDT | +0.0100% | 4h | 0.2984 | +0.095% | $107K | $368K | 10x | as long as short |
| Pacifica JUP | +0.0100% | 1h | 0.2981 | +0.015% | $284K | $184K | 10x | as long as short |
| Binance JUPUSDT | +0.0100% | 4h | 0.2981 | 0.000% | $16.6M | $56.6M | 75x | as long as short |
| OKX JUP-USDT-SWAP | +0.0100% | 4h | 0.2980 | −0.034% | $4.1M | $16.8M | 50x | as long as short |
| Bulk JUP-USD | +0.0100% | 1h | 0.2976 | −0.168% | $58K | $4K | 10x | as long as short |
| MEXC JUP_USDT | +0.0100% | 4h | 0.2981 | 0.000% | $8.1M | $8.1M | 200x | as long as short |
| KuCoin JUPUSDTM | +0.0100% | 4h | 0.2984 | +0.101% | $4.5M | $7.3M | 50x | as long as short |
| Bitget JUPUSDT | +0.0100% | 4h | 0.2979 | −0.067% | $5.7M | $8.6M | 75x | as long as short |
| BingX JUP-USDT | +0.0100% | 4h | 0.2982 | +0.034% | — | $21.6M | — | as long as short |
| Backpack JUP_USDC_PERP | +0.0100% | 1h | 0.2983 | +0.057% | $989K | $274K | 10x | as long as short |
| Variational Omni JUP | +0.0100% | 4h | 0.2984 | +0.086% | $729K | $1.2M | — | as long as short |
| GRVT JUP_USDT_Perpshort | +0.0100% | 4h | 0.2988 | +0.223% | $1.6M | $4.3M | 10x | |
| ApeX Omni JUPUSDT | +0.0100% | 1h | 0.2985 | +0.134% | $159K | $319K | 50x | as long as short |
| Polymarket Perps JUP-USD | +0.0100% | 1h | 0.2985 | +0.144% | $94K | $138K | 10x | as long as short |
| HTX JUP-USDT | +0.0100% | 4h | 0.2974 | −0.235% | $112K | $69K | 20x | as long as short |
| Phemex JUPUSDT | +0.0100% | 4h | 0.2988 | +0.235% | $2.9M | $4.1M | 50x | as long as short |
| Aevo JUP-PERP | +0.0104% | 1h | 0.2982 | +0.017% | $41K | — | 3x | as long as short |
| Hyperliquid JUP | +0.0108% | 1h | 0.2985 | +0.151% | $19.2M | $14.1M | 10x | as long as short |
| 01 Exchange JUPUSD | +0.0144% | 1h | 0.2984 | +0.087% | $26K | $19K | 5x | as long as short |
| Coinbase International JUP-PERP-INTX | +0.0256% | 1h | 0.2988 | +0.225% | $74K | $95K | 50x | as long as short |
| Extended JUP-USD | +0.0280% | 1h | 0.2979 | −0.060% | $2.2M | $544K | 25x | as long as short |
| Kraken Futures PF_JUPUSD | +0.0285% | 1h | 0.2984 | +0.099% | $605K | $623K | 20x | as long as short |
Gate JUP_USDT
GRVT JUP_USDT_Perp
Injective JUP/USDC PERP
GMX JUP/USD [WBTC.b-USDC]
Bybit JUPUSDT
Phoenix JUP
Deribit JUP_USDC-PERPETUAL
gTrade (Gains Network) JUP/USD
BloFin JUP-USDT
Paradex JUP-USD-PERP
Lighter JUP
Aster JUPUSDT
Pacifica JUP
Binance JUPUSDT
OKX JUP-USDT-SWAP
Bulk JUP-USD
MEXC JUP_USDT
KuCoin JUPUSDTM
Bitget JUPUSDT
BingX JUP-USDT
Backpack JUP_USDC_PERP
Variational Omni JUP
ApeX Omni JUPUSDT
Polymarket Perps JUP-USD
HTX JUP-USDT
Phemex JUPUSDT
Hyperliquid JUP
01 Exchange JUPUSD
Coinbase International JUP-PERP-INTX
Extended JUP-USD
Kraken Futures PF_JUPUSD