Funding you earn now, next payment 04:00 UTC−0.0664%/8h= −72.7% APRnext payment −$3.32 per $10,000 · paid last 24h −0.166%
Price spread now: MEXC against GRVT−0.319%7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$380as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$2012.014% of the position
Funding, last 7 days−1.788%−$179 on $10k
+Price spread, last 3 days (all we have)+0.209%+$21 · spread now −0.319%, 7d avg +0.023%
=Together, before fees−1.579%+ Points / potential airdropGRVT: Active · farm board−$158 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and MEXC is 0.342% cheaper against GRVT than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT LA_USDT_Perp | 0.07556 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $147K | $463K | 10x |
| Short | MEXC LA_USDT | 0.07532 | −0.0564 | pay 0.0282% / 4h | 3h 15m | $399K | $140K | 50x |
GRVT LA_USDT_Perp
MEXC LA_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
- −$139.44
- Price spread: −0.319% → +0.023%
- −$34.18
- Slippage, 4 orders
- −$188.36
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$374.97
- Costs to cover
- 2.014%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; MEXC: 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 GRVT live order book, 57 min ago | 6.66 bp | 100.9 bp −$101 | 200.1 bp −$2,001 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 40 min ago | 2.01 bp | 9.4 bp −$9 | 22.5 bp −$225 | 189.7 bp −$19.0K | 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 | −0.0700% | 4h | 0.07546 | −0.133% | $244K | $824K | 50x | as long as short |
| Aster LAUSDT | −0.0691% | 4h | 0.07547 | −0.120% | $52K | $23K | 5x | as long as short |
| Bitget LAUSDT | −0.0582% | 4h | 0.07527 | −0.385% | $2.1M | $534K | 25x | as long as short |
| Binance LAUSDT | −0.0571% | 4h | 0.07534 | −0.292% | $4.7M | $9.5M | 25x | as long as short |
| MEXC LA_USDTshort | −0.0564% | 4h | 0.07532 | −0.319% | $399K | $140K | 50x | |
| BingX LA-USDT | −0.0550% | 4h | 0.07540 | −0.213% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTM | −0.0516% | 4h | 0.07532 | −0.319% | $1.0M | $83K | 30x | as long as short |
| BloFin LA-USDT | −0.0515% | 4h | 0.07547 | −0.120% | $251K | $20K | 25x | as long as short |
| OKX LA-USDT-SWAP | −0.0030% | 4h | 0.07532 | −0.319% | $1.4M | $3.1M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07536 | −0.266% | $2.5M | $2.6M | 25x | as long as short |
Gate LA_USDT
Aster LAUSDT
Bitget LAUSDT
Binance LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
BloFin LA-USDT
OKX LA-USDT-SWAP
Bybit LAUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT LA_USDT_Perplong | +0.0100% | 4h | 0.07556 | long leg | $147K | $463K | 10x |