Funding you earn now, next payment 00:00 UTC+0.0144%/8h= +15.8% APRnext payment +$0.72 per $10,000 · paid last 24h +0.161%
Price spread now: GRVT against MEXC−0.121%67s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$2572.566% of the position
Funding, last 7 days+1.875%+$187 on $10k
+Price spread, last 3 days (all we have)+0.231%+$23 · spread now −0.121%, 7d avg −0.022%
=Together, before fees+2.106%+ Points / potential airdropGRVT: Active · farm board+$211 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.100% cheaper against MEXC than usual: you would sell low and buy high (spread −0.121% now, against its 7-day average of −0.022%). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+1.875% in total) that is about 9 hours. The two prices were read 67 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 | MEXC LA_USDT | 0.07419 | −0.0044 | get 0.0022% / 4h | 1h 22m | $395K | $137K | 50x |
| Short | GRVT LA_USDT_Perp | 0.07410 | 0.0100 | get 0.0050% / 4h | 1h 22m | $147K | $468K | 10x |
MEXC LA_USDT
GRVT LA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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
- $30.24
- Price spread: −0.121% → −0.022%
- −$9.98
- Slippage, 4 orders
- −$243.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$236.31
- Costs to cover
- 2.566%
- Break-even
- 61.7 days
Slippage from MEXC: live order book, 52 min ago; GRVT: live order book, 60 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 MEXC live order book, 52 min ago | 0.67 bp | 8.1 bp −$8 | 29.1 bp −$291 | 346.5 bp −$34.6K | doesn't fit |
| Sell GRVT live order book, 60 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 | −0.0358% | 4h | 0.07422 | +0.040% | $249K | $799K | 50x | as long as short |
| Bitget LAUSDT | −0.0198% | 4h | 0.07413 | −0.081% | $2.0M | $504K | 25x | as long as short |
| BingX LA-USDT | −0.0196% | 4h | 0.07418 | −0.013% | — | $6.6M | — | as long as short |
| KuCoin LAUSDTM | −0.0090% | 4h | 0.07418 | −0.013% | $1.0M | $57K | 30x | as long as short |
| Aster LAUSDT | −0.0084% | 4h | 0.07411 | −0.105% | $52K | $8K | 5x | as long as short |
| Binance LAUSDT | −0.0045% | 4h | 0.07419 | 0.000% | $4.7M | $8.4M | 25x | as long as short |
| MEXC LA_USDTlong | −0.0044% | 4h | 0.07419 | long leg | $395K | $137K | 50x | |
| BloFin LA-USDT | −0.0036% | 4h | 0.07417 | −0.027% | $250K | $19K | 25x | as long as short |
| OKX LA-USDT-SWAP | +0.0047% | 4h | 0.07416 | −0.040% | $1.3M | $2.8M | 20x | as long as short |
| Bybit LAUSDT | +0.0100% | 4h | 0.07423 | +0.054% | $2.4M | $2.3M | 25x | as long as short |
Gate LA_USDT
Bitget LAUSDT
BingX LA-USDT
KuCoin LAUSDTM
Aster LAUSDT
Binance LAUSDT
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_Perpshort | +0.0100% | 4h | 0.07410 | −0.121% | $147K | $468K | 10x |