Funding you earn now, next payment 04:00 UTC−0.0055%/8h= −6.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.003%
Price spread now: GRVT against BloFin−0.436%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7,427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,468as in the Price arb table
costs, in and out, $10k−$7,43274.315% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 4 days (all we have)−7.463%−$746 · spread now −0.436%, 7d avg −0.068%
=Together, before fees−7.421%+ Points / potential airdropGRVT: Active · farm board−$742 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.368% cheaper against BloFin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MEGA-USDT | 0.04584 | 0.0155 | pay 0.0077% / 4h | 54m 07s | $204K | $95K | 50x |
| Short | GRVT MEGA_USDT_Perp | 0.04564 | 0.0100 | get 0.0050% / 4h | 54m 07s | $24K | $1.8M | 10x |
BloFin MEGA-USDT
GRVT MEGA_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
- −$11.46
- Price spread: −0.436% → −0.068%
- −$36.79
- Slippage, 4 orders
- −$7,410.53
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$7,479.78
- Costs to cover
- 74.315%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 44 min ago; GRVT: live order book, 4 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, 44 min ago | 2.20 bp | 16.9 bp −$17 | 71.8 bp −$718 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 3.30 bp | 41.5 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
MEGA on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International MEGA-PERP-INTX | −0.0744% | 1h | 0.04589 | +0.120% | $5K | $13K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04603 | +0.412% | $1K | — | 150x | as long as short |
| Nado MEGA-PERP | +0.0002% | 1h | 0.04604 | +0.436% | $200K | $142K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04603 | +0.418% | $18K | $90K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04600 | +0.351% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04603 | +0.414% | $4.1M | $13.6M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04604 | +0.436% | $3.6M | $5.6M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04602 | +0.393% | $943K | $3.2M | 20x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04604 | +0.436% | $200K | $319K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04602 | +0.393% | $827K | $368K | 50x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAP
Gate MEGA_USDT
MEXC MEGA_USDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04604 | +0.436% | $231K | $117K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04605 | +0.458% | $1.1M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04603 | +0.414% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04587 | +0.060% | $323K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perpshort | +0.0100% | 4h | 0.04564 | −0.436% | $24K | $1.8M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04563 | −0.458% | $24K | $231K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04602 | +0.393% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04598 | +0.305% | $1K | $1.9M | 10x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04550 | −0.742% | $134K | $4K | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04601 | +0.378% | $128K | $821K | 5x | as long as short |
| BloFin MEGA-USDTlong | +0.0155% | 4h | 0.04584 | long leg | $204K | $95K | 50x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04604 | +0.431% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0175% | 1h | 0.04550 | −0.742% | $21K | $7K | 5x | as long as short |
| Hyperliquid MEGA | +0.0177% | 1h | 0.04612 | +0.620% | $8.0M | $2.6M | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0238% / S −0.5353% | 1h | 0.04604 | +0.436% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0483% | 1h | 0.04608 | +0.524% | $19K | $47K | 5x | as long as short |
| Lighter MEGA | +0.0528% | 1h | 0.04626 | +0.916% | $654K | $337K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1596% | 1h | 0.04612 | +0.611% | $112 | $15 | 25x | as long as short |
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Bulk MEGA-USD
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
Hyperliquid MEGA
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL