Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000005004 | −0.1115 | get 0.1115% / 8h | 5h 31m | $1.2M | $2.7M | 10x | Long GRVT | |
| SHORT | 0.000005010 | +0.0100 | get 0.0013% / 1h | 31m 12s | $191K | $127K | 25x | Short ApeX Omni5% off |
Price gap+0.119%
Funding gap+0.1215% /8h
Both sides work: funding pays +$36 a day on $10k, and the gap is 0.157% above its 7d average: +$16 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$36+0.1215% /8h now · paid +0.358% over the last 7D
Price+$16spread +0.119% now, avg −0.038% → +0.157% if it goes back
Costs−$390.394% of $10k · taker + slippage, in and out
Result+$12+0.12%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.358% in total, about +0.0170%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.119%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPEPE on 39 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- OK: Fits both order books8.6 / 12.6 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $400GRVT 10x, ApeX Omni 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$36.45Long GRVT: 3 payments, +$33.45; short ApeX Omni: 24 payments, +$3.00.
- OK: Entry gap works for you+0.119% vs −0.038%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$191K vs $1.2M OIApeX Omni sets your exit cost. Check its book before closing.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- OK: No KYC on either legGRVT No · ApeX Omni NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0170%/8h × 21 periods+$35.77
Price spread+0.119% → −0.038% (7d avg)+$15.73
Slippage, 4 orderslive order books−$20.37
Fee GRVT bp × 2 orders−$9.00
Fee ApeX Omni bp × 2 orders−$10.00
Net · 7 days · $10k+$12.14
Costs to cover0.394%Break-even4.6 days
Slippage: GRVT: live order book, 1 min ago; ApeX Omni: live order book, 21 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT1.208.6 bp−$91670.3 bp−$16.7Kdoesn’t fitdoesn’t fit
SELL · SHORTApeX Omni4.4012.6 bp−$1378.2 bp−$782doesn’t fitdoesn’t fit
Closing costs about the same again.
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