Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.000004809 | −0.0014 | get 0.0014% / 8h | 3h 06m | $1.1M | $2.4M | 10x | Long GRVT | |
| SHORT | 0.000004852 | −0.0020 | pay 0.0020% / 8h | 3h 06m | $3.5M | $12.0M | 75x | Short BloFin |
Price gap+0.890%
Funding gap−0.0006% /8h
Funding is ≈ 0, so this is a price-spread trade: +$92 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$14−0.0006% /8h now · paid +0.138% over the last 7D
Price+$92spread +0.890% now, avg −0.027% → +0.917% if it goes back
Costs−$370.373% of $10k · taker + slippage, in and out
Result+$68+0.68%+ Points / potential airdropGRVT: points · farm boardWhat the last 7D really paid, hour by hour → backtest
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+0.890%
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 · 1 to watch- OK: Fits both order books9.3 / 6.9 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$1,000 + $133GRVT 10x, BloFin 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$0.18Long GRVT: 3 payments, +$0.42; short BloFin: 3 payments, −$0.60.
- OK: Entry gap works for you+0.890% vs −0.027%You short the dearer leg. If the gap goes back to average, the short gains.
- Note: Long leg is thinner$1.1M vs $3.5M OIBoth legs are deep; GRVT is the smaller one.
- OK: Points on a legGRVT pointsVolume here counts toward the points program.
- Watch: KYCGRVT No · BloFin LimitedNo ID to trade futures, with no leverage limit, but withdrawals are capped at 20,000 USDT a day until you verify.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0066%/8h × 21 periods+$13.78
Price spread+0.890% → −0.027% (7d avg)+$91.72
Slippage, 4 orderslive order books−$16.32
Fee GRVT bp × 2 orders−$9.00
Fee BloFin bp × 2 orders−$12.00
Net · 7 days · $10k+$68.19
Costs to cover0.373%Break-evenfrom the start
Slippage: GRVT: live order book, 1 min ago; BloFin: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGGRVT1.239.3 bp−$965.2 bp−$652doesn’t fitdoesn’t fit
SELL · SHORTBloFin0.106.9 bp−$711.1 bp−$111doesn’t fitdoesn’t fit
Closing costs about the same again.
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