Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.025%
Price spread now: GRVT against MEXC−0.724%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$650.653% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days+0.615%+$62 · spread now −0.724%, 7d avg −0.020%
=Together, before fees+0.686%+ Points / potential airdropGRVT: Active · farm board+$69 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 0.704% cheaper against MEXC than usual: you would sell low and buy high, −$70 on $10k if it goes back to its 7-day average of −0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC OP_USDT | 0.1256 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $23.0M | $7.6M | 300x |
| Short | GRVT OP_USDT_Perp | 0.1247 | 0.0100 | get 0.0100% / 8h | 2h 37m | $316K | $5.2M | 10x |
MEXC OP_USDT
GRVT OP_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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: −0.724% → −0.020%
- −$70.42
- Slippage, 4 orders
- −$56.3
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$135.72
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from MEXC: 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 MEXC live order book, 1 min ago | 0.40 bp | 2.5 bp −$3 | 8.0 bp −$80 | 58.4 bp −$5,839 | 89.1 bp −$44.5K |
| Sell GRVT live order book, 2 min ago | 4.01 bp | 19.4 bp −$19 | 68.6 bp −$686 | 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 | −0.1583% | 1h | 0.1241 | −1.218% | $34K | $59K | 12x | as long as short |
| GMX OP/USD [OP-USDC] | L −0.1065% / S +0.0229% | 1h | 0.1253 | −0.275% | $13K | — | 100x | as long as short |
| dYdX OP-USD | 0.0000% | 1h | 0.1257 | +0.025% | $39K | $532 | 10x | as long as short |
| Deribit OP_USDC-PERPETUAL | 0.0000% | 1h | 0.1254 | −0.183% | $40K | $139K | 25x | as long as short |
| gTrade (Gains Network) OP/USD | L +0.0004% / S −0.0004% | 1h | 0.1253 | −0.286% | — | — | 150x | as long as short |
| Variational Omni OP | +0.0026% | 8h | 0.1251 | −0.450% | $221K | $48K | — | as long as short |
| Orderly PERP_OP_USDC | +0.0029% | 8h | 0.1251 | −0.422% | $59K | $138K | 10x | as long as short |
| Kraken Futures PF_OPUSD | +0.0074% | 1h | 0.1256 | −0.035% | $768K | $612K | 20x | as long as short |
| Lighter OP | +0.0096% | 1h | 0.1257 | +0.032% | $290K | $987K | 15x | as long as short |
| OKX OP-USDT-SWAP | +0.0097% | 8h | 0.1257 | +0.056% | $6.2M | $28.8M | 50x | as long as short |
Injective OP/USDC PERP
GMX OP/USD [OP-USDC]
dYdX OP-USD
Deribit OP_USDC-PERPETUAL
gTrade (Gains Network) OP/USD
Variational Omni OP
Orderly PERP_OP_USDC
Kraken Futures PF_OPUSD
Lighter OP
OKX OP-USDT-SWAPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid OP | +0.0100% | 1h | 0.1256 | −0.008% | $3.5M | $2.8M | 5x | as long as short |
| Aster OPUSDT | +0.0100% | 8h | 0.1257 | +0.052% | $208K | $218K | 10x | as long as short |
| Binance OPUSDT | +0.0100% | 8h | 0.1257 | +0.090% | $19.9M | $63.7M | 75x | as long as short |
| Bybit OPUSDT | +0.0100% | 8h | 0.1256 | +0.008% | $18.6M | $25.5M | 75x | as long as short |
| Gate OP_USDT | +0.0100% | 8h | 0.1256 | +0.008% | $2.0M | $1.5M | 50x | as long as short |
| MEXC OP_USDTlong | +0.0100% | 8h | 0.1256 | long leg | $23.0M | $7.6M | 300x | |
| KuCoin OPUSDTM | +0.0100% | 8h | 0.1254 | −0.183% | $2.9M | $6.4M | 75x | as long as short |
| Bitget OPUSDT | +0.0100% | 8h | 0.1257 | +0.056% | $5.8M | $6.6M | 75x | as long as short |
| BingX OP-USDT | +0.0100% | 8h | 0.1256 | +0.008% | — | $6.6M | — | as long as short |
| Backpack OP_USDC_PERP | +0.0100% | 1h | 0.1254 | −0.191% | $106K | $215K | 10x | as long as short |
| edgeX OPUSDC | +0.0100% | 4h | 0.1248 | −0.667% | $378K | $769K | 10x | as long as short |
| GRVT OP_USDT_Perpshort | +0.0100% | 8h | 0.1247 | −0.724% | $316K | $5.2M | 10x | |
| ApeX Omni OPUSDT | +0.0100% | 1h | 0.1249 | −0.581% | $43K | $703K | 50x | as long as short |
| SoDEX OP-USD | +0.0100% | 1h | 0.1253 | −0.223% | $197 | $6K | 5x | as long as short |
| HTX OP-USDT | +0.0100% | 8h | 0.1253 | −0.231% | $172K | $236K | 50x | as long as short |
| Extended OP-USD | +0.0104% | 1h | 0.1256 | +0.016% | $100K | $505K | 25x | as long as short |
| Aevo OP-PERP | +0.0104% | 1h | 0.1253 | −0.302% | $3K | $1K | 3x | as long as short |
| Coinbase International OP-PERP-INTX | +0.0160% | 1h | 0.1245 | −0.899% | $26K | $60K | 50x | as long as short |
| BloFin OP-USDT | +0.0220% | 8h | 0.1248 | −0.685% | $1.0M | $275K | 75x | as long as short |
| Reya OPRUSDPERP | +0.0442% | 1h | 0.1252 | −0.374% | $696 | — | 20x | as long as short |
Hyperliquid OP
Aster OPUSDT
Binance OPUSDT
Bybit OPUSDT
Gate OP_USDT
KuCoin OPUSDTM
Bitget OPUSDT
BingX OP-USDT
Backpack OP_USDC_PERP
edgeX OPUSDC
ApeX Omni OPUSDT
SoDEX OP-USD
HTX OP-USDT
Extended OP-USD
Aevo OP-PERP
Coinbase International OP-PERP-INTX
BloFin OP-USDT
Reya OPRUSDPERP