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: HTX against GRVT+0.226%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$890.888% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 3 days (all we have)−0.019%−$2 · spread now +0.226%, 7d avg +0.083%
=Together, before fees+0.001%+ Points / potential airdropGRVT: Active · farm board$0 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: HTX is 0.143% dearer against GRVT than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.083%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT OP_USDT_Perp | 0.1279 | 0.0100 | pay 0.0100% / 8h | 1h 08m | $320K | $5.1M | 10x |
| Short | HTX OP-USDT | 0.1282 | 0.0100 | get 0.0100% / 8h | 1h 08m | $177K | $232K | 50x |
GRVT OP_USDT_Perp
HTX OP-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.226% → +0.083%
- $14.33
- Slippage, 4 orders
- −$67.83
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$74.51
- Costs to cover
- 0.888%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 5 min ago; HTX: live order book, 8 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, 5 min ago | 3.91 bp | 25.8 bp −$26 | 86.9 bp −$869 | 17637.0 bp −$1.76M | doesn't fit |
| Sell HTX live order book, 8 min ago | 5.85 bp | 21.5 bp −$22 | doesn't fit | 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 | −0.1710% | 1h | 0.1274 | −0.423% | $35K | $58K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1283 | +0.307% | $13K | — | 100x | as long as short |
| Coinbase International OP-PERP-INTX | −0.0360% | 1h | 0.1280 | +0.046% | $21K | $65K | 50x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1284 | +0.345% | $40K | $519 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1283 | +0.281% | $42K | $171K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1283 | +0.281% | — | — | 150x | as long as short |
| Orderly PERP_OP_USDC | +0.0062% | 8h | 0.1282 | +0.203% | $6K | $49K | 10x | as long as short |
| Variational Omni OP | +0.0063% | 8h | 0.1280 | +0.029% | $233K | $53K | — | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1284 | +0.382% | $291K | $923K | 15x | as long as short |
| Hyperliquid OP | +0.0100% | 1h | 0.1284 | +0.390% | $4.2M | $2.9M | 5x | 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
Lighter OP
Hyperliquid OPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster OPUSDT | +0.0100% | 8h | 0.1283 | +0.313% | $214K | $241K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1283 | +0.289% | $20.9M | $61.8M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1283 | +0.250% | $18.8M | $25.4M | 75x | as long as short |
| OKX OP-USDT-SWAP | +0.0100% | 8h | 0.1284 | +0.336% | $6.1M | $30.3M | 50x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1284 | +0.359% | $2.0M | $1.6M | 50x | as long as short |
| MEXC OP_USDT | +0.0100% | 8h | 0.1283 | +0.289% | $20.4M | $7.2M | 300x | as long as short |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1283 | +0.281% | $2.9M | $7.5M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1284 | +0.359% | $6.1M | $6.3M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1283 | +0.304% | — | $6.8M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1283 | +0.297% | $125K | $191K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1281 | +0.099% | $10K | $382K | 10x | as long as short |
| GRVT OP_USDT_Perplong | +0.0100% | 8h | 0.1279 | long leg | $320K | $5.1M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1280 | +0.046% | $46K | $722K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1283 | +0.273% | $178 | $6K | 5x | as long as short |
| HTX OP-USDTshort | +0.0100% | 8h | 0.1282 | +0.226% | $177K | $232K | 50x | |
| Extended OP-USD | +0.0104% | 1h | 0.1283 | +0.280% | $103K | $186K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1283 | +0.268% | $4K | — | 3x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1282 | +0.211% | $1.0M | $289K | 75x | as long as short |
| Kraken Futures PF_OPUSD | +0.0224% | 1h | 0.1284 | +0.362% | $803K | $745K | 20x | as long as short |
| Reya OPRUSDPERP | +0.0437% | 1h | 0.1283 | +0.276% | $713 | — | 20x | as long as short |
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
OKX OP-USDT-SWAP
Gate OP_USDT
MEXC OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
Extended OP-USD
Aevo OP-PERP
BloFin OP-USDT
Kraken Futures PF_OPUSD
Reya OPRUSDPERP