Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.026%
Price spread now: GRVT against dYdX+0.286%50s7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as 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−$1401.400% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+1.259%+$126 · spread now +0.286%, 7d avg +0.048%
=Together, before fees+1.463%+ Points / potential airdropGRVT: Active · farm board+$146 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and GRVT is 0.238% dearer against dYdX than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.048%. 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 | dYdX NEAR-USD | 4.3467 | 0 | get 0.0000% / 1h | 12m 48s | $107K | $68K | 10x |
| Short | GRVT NEAR_USDT_Perp | 4.3591 | 0.0100 | get 0.0100% / 8h | 2h 12m | $1.4M | $1.5M | 10x |
dYdX NEAR-USD
GRVT NEAR_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- $21
- Price spread: +0.286% → +0.048%
- $23.81
- Slippage, 4 orders
- −$120.99
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$95.18
- Costs to cover
- 1.400%
- Break-even
- 38.7 days
Slippage from dYdX: live order book, 36 min ago; GRVT: live order book, just now.
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 dYdX live order book, 36 min ago | 43.23 bp | 48.3 bp −$48 | 75.6 bp −$756 | 124.6 bp −$12.5K | 192.7 bp −$96.4K |
| Sell GRVT live order book, just now | 2.30 bp | 6.8 bp −$7 | 20.1 bp −$201 | doesn't fit | doesn't fit |
NEAR on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3530 | +0.146% | $2K | — | 20x | as long as short |
| dYdX NEAR-USDlong | 0.0000% | 1h | 4.3467 | long leg | $107K | $68K | 10x | |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3490 | +0.053% | $164K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −4.733% | $578 | $301K | 12x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3600 | +0.306% | $115K | $498K | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3475 | +0.018% | $217.6M | $420.4M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3500 | +0.076% | $61.4M | $289.3M | 50x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3050 | −0.960% | $245K | −$0 | 10x | as long as short |
| Gate NEAR_USDT | +0.0100% | 8h | 4.3449 | −0.042% | $33.0M | $60.5M | 75x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3500 | +0.076% | $52.5M | $46.0M | 75x | as long as short |
Reya NEARRUSDPERP
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Popdex NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAP
Bulk NEAR-USD
Gate NEAR_USDT
KuCoin NEARUSDTMShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NEARUSDT | +0.0100% | 8h | 4.3476 | +0.020% | $71.8M | $126.2M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3478 | +0.025% | $8.5M | $18.2M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3566 | +0.228% | $254K | $967K | 20x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0100% | 8h | 4.3591 | +0.286% | $1.4M | $1.5M | 10x | |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3617 | +0.345% | $279K | $4.0M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3542 | +0.172% | $57K | $243K | 20x | as long as short |
| SunX NEAR-USDT | +0.0100% | 8h | 4.3670 | +0.467% | $2K | $1.3M | 20x | as long as short |
| HTX NEAR-USDT | +0.0100% | 8h | 4.3700 | +0.536% | $471K | $4.0M | 75x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3510 | +0.099% | $3.6M | $8.3M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0102% | 8h | 4.3457 | −0.024% | $31K | $608 | 10x | as long as short |
| BingX NEAR-USDC | +0.0105% | 8h | 4.3470 | +0.006% | — | $6.6M | — | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3550 | +0.191% | $202K | $37K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0119% | 8h | 4.3590 | +0.283% | $82.7M | $145.7M | 200x | as long as short |
| Binance NEARUSDT | +0.0123% | 8h | 4.3493 | +0.060% | $264.7M | $1.09B | 75x | as long as short |
| BloFin NEAR-USDT | +0.0239% | 8h | 4.3520 | +0.122% | $13.3M | $31.9M | 75x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0256% | 1h | 4.3556 | +0.204% | $2.3M | $16.2M | 50x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0312% / S −0.0201% | 1h | 4.3488 | +0.047% | $233K | — | 100x | as long as short |
| Kalshi KXNEARPERP | +0.0312% | 8h | 4.3577 | +0.253% | $994K | $24.7M | 2.2x | as long as short |
| Aster NEARUSDT | +0.0336% | 8h | 4.3500 | +0.076% | $2.8M | $5.2M | 50x | as long as short |
| Nado NEAR-PERP | +0.0394% | 1h | 4.3540 | +0.167% | $1.7M | $3.2M | 10x | as long as short |
| ApeX Omni NEARUSDT | +0.0435% | 1h | 4.3520 | +0.122% | $167K | $795K | 50x | as long as short |
| Extended NEAR-USD | +0.0504% | 1h | 4.3445 | −0.051% | $3.7M | $19.4M | 25x | as long as short |
| SoDEX NEAR-USD | +0.0543% | 1h | 4.3505 | +0.087% | $5K | $52K | 10x | as long as short |
| Hyperliquid NEAR | +0.0654% | 1h | 4.3526 | +0.135% | $357.5M | $311.1M | 10x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0688% | 1h | 4.3534 | +0.154% | $1.3M | $6.6M | 20x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.0693% | 1h | 4.3535 | +0.156% | $1.9M | $11.7M | 25x | as long as short |
| Kraken Futures PF_NEARUSD | +0.0727% | 1h | 4.3492 | +0.057% | $7.3M | $39.1M | 50x | as long as short |
| 01 Exchange NEARUSD | +0.0736% | 1h | 4.3659 | +0.441% | $13K | $7K | 10x | as long as short |
| Arcus NEAR-USD | +0.0814% | 1h | 4.3610 | +0.329% | $226K | $1.6M | 10x | as long as short |
| Pacifica NEAR | +0.0847% | 1h | 4.3492 | +0.057% | $398K | $1.3M | 10x | as long as short |
| Lighter NEAR | +0.0920% | 1h | 4.3541 | +0.171% | $17.1M | $25.2M | 15x | as long as short |
| Phoenix NEAR | +0.1033% | 1h | 4.3660 | +0.444% | $1.8M | $2.5M | 10x | as long as short |
| Lighter RH NEAR | +0.1112% | 1h | 4.3540 | +0.168% | $1.5M | $7.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.1220% | 1h | 4.3602 | +0.311% | $691K | $1.3M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1317% | 1h | 4.3417 | −0.116% | $5K | $12K | 10x | as long as short |
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SunX NEAR-USDT
HTX NEAR-USDT
Phemex NEARUSDT
Paradex NEAR-USD-PERP
BingX NEAR-USDC
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
BloFin NEAR-USDT
Coinbase International NEAR-PERP-INTX
GMX NEAR/USD [ETH-USDC]
Kalshi KXNEARPERP
Aster NEARUSDT
Nado NEAR-PERP
ApeX Omni NEARUSDT
Extended NEAR-USD
SoDEX NEAR-USD
Hyperliquid NEAR
Backpack NEAR_USDC_PERP
Deribit NEAR_USDC-PERPETUAL
Kraken Futures PF_NEARUSD
01 Exchange NEARUSD
Arcus NEAR-USD
Pacifica NEAR
Lighter NEAR
Phoenix NEAR
Lighter RH NEAR
RISEx NEAR/USDC
Aftermath Perps NEARUSD