Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Bitget−0.059%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.059%, 7d avg +0.025%
=Together, before fees+0.120%+ Points / potential airdropGRVT: Active · farm board+$12 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 0.084% cheaper against Bitget than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget OPUSDT | 0.1265 | 0.0100 | pay 0.0100% / 8h | 2h 17m | $6.0M | $6.2M | 75x |
| Short | GRVT OP_USDT_Perp | 0.1264 | 0.0100 | get 0.0100% / 8h | 2h 17m | $313K | $5.1M | 10x |
Bitget OPUSDT
GRVT OP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- Price spread: −0.059% → +0.025%
- −$8.38
- Slippage, 4 orders
- −$51.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$81.32
- Costs to cover
- 0.729%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 7.90 bp | 16.8 bp −$17 | 29.3 bp −$293 | 105.5 bp −$10.5K | doesn't fit |
| Sell GRVT live order book, 2 min ago | 3.95 bp | 24.1 bp −$24 | 226.9 bp −$2,269 | doesn't fit | doesn't fit |
OP on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective OP/USDC PERP | −0.1658% | 1h | 0.1261 | −0.316% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1066% / S +0.0229% | 1h | 0.1266 | +0.101% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0328% | 1h | 0.1243 | −1.739% | $21K | $64K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1266 | +0.073% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1266 | +0.079% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1267 | +0.145% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0037% | 8h | 0.1265 | 0.000% | $6K | $50K | 10x | as long as short |
| Variational Omni OP | +0.0048% | 8h | 0.1266 | +0.113% | $232K | $44K | — | as long as short |
| OKX OP-USDT-SWAP | +0.0090% | 8h | 0.1265 | −0.024% | $5.9M | $29.9M | 50x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1266 | +0.111% | $272K | $907K | 15x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
Coinbase International OP-PERP-INTX
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Orderly PERP_OP_USDC
Variational Omni OP
OKX OP-USDT-SWAP
Lighter OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1267 | +0.119% | $4.1M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1266 | +0.088% | $213K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1265 | −0.008% | $20.5M | $62.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1264 | −0.063% | $18.4M | $25.4M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1266 | +0.079% | $1.8M | $1.5M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1265 | 0.000% | $20.1M | $7.3M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1264 | −0.079% | $2.9M | $7.6M | 75x | as long as short |
| Bitget OPUSDTlong | +0.0100% | 8h | 0.1265 | long leg | $6.0M | $6.2M | 75x | |
| BingX OP-USDC | +0.0100% | 8h | 0.1266 | +0.079% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1265 | −0.016% | $125K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1266 | +0.049% | $8K | $381K | 10x | as long as short |
| GRVT OP_USDT_Perpshort | +0.0100% | 8h | 0.1264 | −0.059% | $313K | $5.1M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1267 | +0.158% | $45K | $718K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1265 | +0.008% | $171 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1267 | +0.134% | $175K | $234K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1265 | +0.004% | $101K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1266 | +0.100% | $4K | — | 3x | as long as short |
| Kraken Futures PF_OPUSD | +0.0136% | 1h | 0.1267 | +0.127% | $783K | $731K | 20x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1265 | +0.016% | $1.0M | $282K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0436% | 1h | 0.1265 | +0.036% | $704 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Kraken Futures PF_OPUSD
BloFin OP-USDT
Reya OPRUSDPERP