Funding you earn now, next payment 23:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%
Price spread now: GRVT against Extended+0.158%92s7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$248as 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−$2492.487% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.158%, 7d avg +0.063%
=Together, before fees−0.019%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.096% dearer against Extended than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.063%. The two prices were read 92 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 | Extended MEGA-USD | 0.04469 | 0.0104 | pay 0.0013% / 1h | 55m 56s | $127K | $613K | 5x |
| Short | GRVT MEGA_USDT_Perp | 0.04476 | 0.0100 | get 0.0050% / 4h | 1h 55m | $21K | $1.7M | 10x |
Extended MEGA-USD
GRVT MEGA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$0.84
- Price spread: +0.158% → +0.063%
- $9.57
- Slippage, 4 orders
- −$234.71
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$239.98
- Costs to cover
- 2.487%
- Break-even
- never at this rate
Slippage from Extended: live order book, 27 min ago; GRVT: live order book, 2 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 Extended live order book, 27 min ago | 3.34 bp | 54.3 bp −$54 | 320.2 bp −$3,202 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 4.47 bp | 69.9 bp −$70 | 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 | −0.0144% | 1h | 0.04490 | +0.483% | $5K | $12K | 50x | as long as short |
| gTrade (Gains Network) MEGA/USD | L −0.0018% / S +0.0023% | 1h | 0.04473 | +0.101% | $12K | — | 150x | as long as short |
| Phoenix MEGA | 0.0000% | 1h | 0.04474 | +0.116% | $20K | $7K | 5x | as long as short |
| Nado MEGA-PERP | +0.0034% | 1h | 0.04476 | +0.172% | $193K | $150K | 2x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0098% | 4h | 0.04475 | +0.139% | $3K | $2K | 10x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04466 | −0.055% | $20K | $80K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04477 | +0.188% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04470 | +0.018% | $4.0M | $12.8M | 50x | as long as short |
| Bybit MEGAUSDT | +0.0100% | 4h | 0.04466 | −0.063% | $3.5M | $4.9M | 20x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04466 | −0.063% | $914K | $2.9M | 20x | as long as short |
Coinbase International MEGA-PERP-INTX
gTrade (Gains Network) MEGA/USD
Phoenix MEGA
Nado MEGA-PERP
Orderly PERP_MEGA_USDC
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
Bybit MEGAUSDT
OKX MEGA-USDT-SWAPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bulk MEGA-USD | +0.0100% | 1h | 0.04471 | +0.057% | $132K | $5K | 10x | as long as short |
| Gate MEGA_USDT | +0.0100% | 4h | 0.04465 | −0.085% | $190K | $310K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04467 | −0.040% | $763K | $345K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04468 | −0.018% | $236K | $112K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04467 | −0.040% | $1.1M | $1.4M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04468 | −0.018% | — | $1.7M | — | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04472 | +0.079% | $238K | $109K | — | as long as short |
| GRVT MEGA_USDT_Perpshort | +0.0100% | 4h | 0.04476 | +0.158% | $21K | $1.7M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04475 | +0.139% | $24K | $230K | 50x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04477 | +0.184% | $2K | $1.9M | 10x | as long as short |
| BloFin MEGA-USDT | +0.0102% | 4h | 0.04472 | +0.072% | $197K | $76K | 50x | as long as short |
| Extended MEGA-USDlong | +0.0104% | 1h | 0.04469 | long leg | $127K | $613K | 5x | |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04476 | +0.166% | $3 | — | 3x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0236% / S −0.5353% | 1h | 0.04473 | +0.101% | $3K | — | 45x | as long as short |
| Backpack MEGA_USDC_PERP | +0.0779% | 1h | 0.04478 | +0.206% | $18K | $41K | 5x | as long as short |
| Lighter MEGA | +0.1536% | 1h | 0.04496 | +0.609% | $622K | $310K | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.1537% | 1h | 0.04484 | +0.331% | $109 | $15 | 25x | as long as short |
| Hyperliquid MEGA | +0.1543% | 1h | 0.04481 | +0.269% | $7.6M | $2.4M | 3x | as long as short |
Bulk MEGA-USD
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Variational Omni MEGA
ApeX Omni MEGAUSDT
SunX MEGA-USDT
BloFin MEGA-USDT
Reya MEGARUSDPERP
GMX MEGA/USD [ETH-USDC]
Backpack MEGA_USDC_PERP
Lighter MEGA
Deribit MEGA_USDC-PERPETUAL
Hyperliquid MEGA