Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.28 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against GRVT−0.136%7-day average +0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,076as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,093as in the Price arb table
costs, in and out, $10k−$4,07340.730% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+2.226%+$223 · spread now −0.136%, 7d avg +0.062%
=Together, before fees+2.199%+ Points / potential airdropGRVT: Active · farm board+$220 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 BloFin is 0.198% cheaper against GRVT than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.062%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MEGA_USDT_Perp | 0.04511 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $28K | $1.8M | 10x |
| Short | BloFin MEGA-USDT | 0.04505 | 0.0043 | get 0.0022% / 4h | 2h 40m | $200K | $93K | 50x |
GRVT MEGA_USDT_Perp
BloFin MEGA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$11.88
- Price spread: −0.136% → +0.062%
- −$19.76
- Slippage, 4 orders
- −$4,052.03
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$4,104.67
- Costs to cover
- 40.730%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 3 min ago; BloFin: 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, 3 min ago | 4.44 bp | 3950.6 bp −$3,951 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 min ago | 8.74 bp | 30.4 bp −$30 | 87.1 bp −$871 | 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 | −0.0048% | 1h | 0.04589 | +1.738% | $5K | $12K | 50x | as long as short |
| Bybit MEGAUSDT | −0.0004% | 4h | 0.04479 | −0.712% | $3.5M | $5.8M | 20x | as long as short |
| gTrade (Gains Network) MEGA/USD | L +0.0001% / S +0.0023% | 1h | 0.04484 | −0.611% | $1K | — | 150x | as long as short |
| BloFin MEGA-USDTshort | +0.0043% | 4h | 0.04505 | −0.136% | $200K | $93K | 50x | |
| Nado MEGA-PERP | +0.0066% | 1h | 0.04477 | −0.756% | $193K | $141K | 2x | as long as short |
| Aster MEGAUSDT | +0.0100% | 4h | 0.04480 | −0.682% | $18K | $91K | 5x | as long as short |
| Pacifica MEGA | +0.0100% | 1h | 0.04480 | −0.679% | $14K | $9K | 3x | as long as short |
| Binance MEGAUSDT | +0.0100% | 4h | 0.04483 | −0.634% | $3.9M | $13.7M | 50x | as long as short |
| OKX MEGA-USDT-SWAP | +0.0100% | 4h | 0.04485 | −0.579% | $912K | $3.1M | 20x | as long as short |
| Bulk MEGA-USD | +0.0100% | 1h | 0.04511 | +0.003% | $133K | $111 | 10x | as long as short |
Coinbase International MEGA-PERP-INTX
Bybit MEGAUSDT
gTrade (Gains Network) MEGA/USD
Nado MEGA-PERP
Aster MEGAUSDT
Pacifica MEGA
Binance MEGAUSDT
OKX MEGA-USDT-SWAP
Bulk MEGA-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MEGA_USDT | +0.0100% | 4h | 0.04480 | −0.690% | $199K | $327K | 20x | as long as short |
| MEXC MEGA_USDT | +0.0100% | 4h | 0.04478 | −0.734% | $798K | $389K | 50x | as long as short |
| KuCoin MEGAUSDTM | +0.0100% | 4h | 0.04479 | −0.712% | $228K | $118K | 50x | as long as short |
| Bitget MEGAUSDT | +0.0100% | 4h | 0.04479 | −0.712% | $1.0M | $1.5M | 50x | as long as short |
| BingX MEGA-USDT | +0.0100% | 4h | 0.04484 | −0.601% | — | $1.7M | — | as long as short |
| Backpack MEGA_USDC_PERP | +0.0100% | 1h | 0.04488 | −0.512% | $18K | $54K | 5x | as long as short |
| Variational Omni MEGA | +0.0100% | 4h | 0.04486 | −0.561% | $317K | $226K | — | as long as short |
| GRVT MEGA_USDT_Perplong | +0.0100% | 4h | 0.04511 | long leg | $28K | $1.8M | 10x | |
| ApeX Omni MEGAUSDT | +0.0100% | 1h | 0.04505 | −0.136% | $23K | $228K | 50x | as long as short |
| Orderly PERP_MEGA_USDC | +0.0100% | 4h | 0.04484 | −0.601% | $3K | $2K | 10x | as long as short |
| SunX MEGA-USDT | +0.0100% | 4h | 0.04501 | −0.224% | $2K | $1.9M | 10x | as long as short |
| Extended MEGA-USD | +0.0104% | 1h | 0.04475 | −0.805% | $126K | $431K | 5x | as long as short |
| Reya MEGARUSDPERP | +0.0159% | 1h | 0.04476 | −0.771% | $3 | — | 3x | as long as short |
| Phoenix MEGA | +0.0177% | 1h | 0.04518 | +0.153% | $21K | $7K | 5x | as long as short |
| GMX MEGA/USD [ETH-USDC] | L +0.0237% / S −0.5353% | 1h | 0.04480 | −0.683% | $3K | — | 45x | as long as short |
| Lighter MEGA | +0.0304% | 1h | 0.04498 | −0.291% | $627K | $352K | 3x | as long as short |
| Hyperliquid MEGA | +0.0468% | 1h | 0.04487 | −0.539% | $7.8M | $2.6M | 3x | as long as short |
| Deribit MEGA_USDC-PERPETUAL | +0.0552% | 1h | 0.04494 | −0.379% | $109 | $15 | 25x | as long as short |
Gate MEGA_USDT
MEXC MEGA_USDT
KuCoin MEGAUSDTM
Bitget MEGAUSDT
BingX MEGA-USDT
Backpack MEGA_USDC_PERP
Variational Omni MEGA
ApeX Omni MEGAUSDT
Orderly PERP_MEGA_USDC
SunX MEGA-USDT
Extended MEGA-USD
Reya MEGARUSDPERP
Phoenix MEGA
GMX MEGA/USD [ETH-USDC]
Lighter MEGA
Hyperliquid MEGA
Deribit MEGA_USDC-PERPETUAL