Funding you earn now, next payment 00:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.17 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Orderly+0.105%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.049%+$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and GRVT is 0.105% dearer against Orderly than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | Orderly PERP_MON_USDC | 0.02575 | 0.0067 | pay 0.0033% / 4h | 1h 23m | $17K | $64K | 10x |
| Short | GRVT MON_USDT_Perp | 0.02578 | 0.0100 | get 0.0050% / 4h | 1h 23m | $578K | $1.5M | 10x |
Orderly PERP_MON_USDC
GRVT MON_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Orderly. 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
- $6.94
- Price spread: +0.105% → 0.000%
- $10.45
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $2.39
- Costs to cover
- 0.150%
- Break-even
- 4.6 days
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 5 min ago | 3.88 bp | 35.3 bp −$35 | 174.5 bp −$1,745 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MON on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0056% | 8h | 0.02574 | −0.047% | $21.4M | $11.8M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.272% | $6K | $108 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02579 | +0.155% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02575 | −0.012% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02576 | +0.058% | $143K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02578 | +0.101% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0031% | 1h | 0.02577 | +0.097% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDClong | +0.0067% | 4h | 0.02575 | long leg | $17K | $64K | 10x | |
| Paradex MON-USD-PERP | +0.0082% | 8h | 0.02574 | −0.036% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02577 | +0.078% | $854K | $773K | 10x | as long as short |
Bybit MONUSDT
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02579 | +0.172% | $388K | $539K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02581 | +0.229% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | +0.078% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | +0.064% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02576 | +0.039% | $142K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02576 | +0.039% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02574 | −0.039% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | −0.194% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02577 | +0.078% | $1.0M | $872K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02578 | +0.117% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02576 | +0.050% | $138K | $134K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | −0.090% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02575 | −0.011% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perpshort | +0.0100% | 4h | 0.02578 | +0.105% | $578K | $1.5M | 10x | |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | +0.117% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02576 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02580 | +0.176% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02575 | +0.004% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02578 | +0.119% | $271K | $77K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02580 | +0.198% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0296% | 4h | 0.02583 | +0.311% | $3.2M | $697K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02575 | 0.000% | $1.4M | $293K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.231% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX