Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against GRVT+0.316%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$830.828% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days−0.300%−$30 · spread now +0.316%, 7d avg −0.018%
=Together, before fees−0.448%+ Points / potential airdropGRVT: Active · farm board−$45 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: Gate is 0.334% dearer against GRVT than usual: you sell high and buy low, +$33 on $10k if it goes back to its 7-day average of −0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT OP_USDT_Perp | 0.1265 | 0.0100 | pay 0.0100% / 8h | 4h 54m | $310K | $5.0M | 10x |
| Short | Gate OP_USDT | 0.1269 | 0.0100 | get 0.0100% / 8h | 4h 54m | $2.0M | $1.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: +0.316% → −0.018%
- $33.44
- Slippage, 4 orders
- −$58.81
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$49.38
- Costs to cover
- 0.828%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Gate: live order book, 3 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, 4 min ago | 3.95 bp | 10.0 bp −$10 | 117.1 bp −$1,171 | 12701.3 bp −$1.27M | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.77 bp | 28.5 bp −$28 | 71.9 bp −$719 | 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 | −0.1607% | 1h | 0.1261 | −0.316% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1267 | +0.160% | $13K | — | 100x | as long as short |
| ApeX Omni OPUSDT | −0.0292% | 1h | 0.1261 | −0.316% | $43K | $708K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1269 | +0.315% | $39K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1267 | +0.158% | $42K | $151K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1267 | +0.176% | — | — | 150x | as long as short |
| OKX OP-USDT-SWAP | +0.0029% | 8h | 0.1266 | +0.055% | $6.2M | $28.9M | 50x | as long as short |
| Variational Omni OP | +0.0054% | 8h | 0.1269 | +0.319% | $224K | $49K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0055% | 8h | 0.1267 | +0.158% | $6K | $44K | 10x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1269 | +0.324% | $280K | $934K | 15x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1270 | +0.387% | $3.7M | $3.0M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1269 | +0.338% | $212K | $219K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1269 | +0.283% | $20.5M | $60.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1268 | +0.198% | $18.5M | $25.2M | 75x | as long as short |
| Gate OP_USDTshort | +0.0100% | 8h | 0.1269 | +0.316% | $2.0M | $1.4M | 50x | |
| MEXC OP_USDT | +0.0100% | 8h | 0.1267 | +0.166% | $21.0M | $7.0M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1267 | +0.158% | $2.9M | $6.6M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1268 | +0.237% | $5.9M | $6.5M | 75x | as long as short |
| BingX OP-USDC | +0.0100% | 8h | 0.1269 | +0.316% | — | $1.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1266 | +0.103% | $121K | $194K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1261 | −0.335% | $4K | $387K | 10x | as long as short |
| GRVT OP_USDT_Perplong | +0.0100% | 8h | 0.1265 | long leg | $310K | $5.0M | 10x | |
| SoDEX OP-USD | +0.0100% | 1h | 0.1266 | +0.095% | $192 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1267 | +0.158% | $174K | $232K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1268 | +0.250% | $101K | $394K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1266 | +0.079% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0168% | 1h | 0.1278 | +1.028% | $25K | $71K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1267 | +0.126% | $1.0M | $279K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0348% | 1h | 0.1267 | +0.142% | $795K | $577K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0441% | 1h | 0.1266 | +0.058% | $704 | — | 20x | as long as short |
GRVT OP_USDT_Perp
Gate OP_USDT
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
ApeX Omni OPUSDT
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
OKX OP-USDT-SWAP
Variational Omni OP
Lighter OP
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDC
Backpack OP_USDC_PERP
edgeX OPUSDC
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Kraken Futures PF_OPUSD