Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.20 per $10,000 · paid last 24h +0.162%
Price spread now: GRVT against BloFin−0.092%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$274as in the Price arb table
costs, in and out, $10k−$2692.688% of the position
Funding, last 7 days+1.854%+$185 on $10k
+Price spread, last 3 days (all we have)−0.094%−$9 · spread now −0.092%, 7d avg −0.039%
=Together, before fees+1.760%+ Points / potential airdropGRVT: Active · farm board+$176 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.052% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.039%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.854%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin LA-USDT | 0.07459 | 0.0139 | pay 0.0070% / 4h | 1h 43m | $250K | $19K | 25x |
| Short | GRVT LA_USDT_Perp | 0.07452 | 0.0100 | get 0.0050% / 4h | 1h 43m | $145K | $456K | 10x |
BloFin LA-USDT
GRVT LA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- −$8.19
- Price spread: −0.092% → −0.039%
- −$5.22
- Slippage, 4 orders
- −$247.78
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$282.19
- Costs to cover
- 2.688%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 33 min ago; GRVT: live order book, 40 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 BloFin live order book, 33 min ago | 0.67 bp | 15.4 bp −$15 | 30.4 bp −$304 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 40 min ago | 6.73 bp | 165.8 bp −$166 | 228.6 bp −$2,286 | doesn't fit | doesn't fit |
LA on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate LA_USDT | −0.0322% | 4h | 0.07449 | −0.134% | $250K | $789K | 50x | as long as short |
| Bitget LAUSDT | −0.0128% | 4h | 0.07449 | −0.134% | $2.1M | $523K | 25x | as long as short |
| BingX LA-USDT | −0.0080% | 4h | 0.07456 | −0.040% | — | $6.5M | — | as long as short |
| OKX LA-USDT-SWAP | −0.0017% | 4h | 0.07452 | −0.094% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin LAUSDTM | +0.0028% | 4h | 0.07457 | −0.027% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | +0.0078% | 4h | 0.07444 | −0.200% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | +0.0089% | 4h | 0.07453 | −0.080% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDT | +0.0098% | 4h | 0.07450 | −0.121% | $397K | $136K | 50x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07455 | −0.054% | $2.4M | $2.3M | 25x | as long as short |
| GRVT LA_USDT_Perpshort | +0.0100% | 4h | 0.07452 | −0.092% | $145K | $456K | 10x |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
OKX LA-USDT-SWAP
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
MEXC LA_USDT
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin LA-USDTlong | +0.0139% | 4h | 0.07459 | long leg | $250K | $19K | 25x |