TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.000005004−0.1115get 0.1115% / 8h5h 28m$1.2M$2.7M10xLong GRVT
SHORT0.000004988+0.0062get 0.0062% / 8h5h 28m$75.9M$217.0M50xShort Bybit
Price gap−0.321%52s
Funding gap+0.1177% /8h

Funding pays +$35 a day on $10k, but the gap is 0.258% under its 7d average: −$26 if it goes back, about 18 hours of funding. At the last 7 days' pace that is about 21 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$8+0.1177% /8h now · paid +0.085% over the last 7D
Price—spread −0.321%52s now · prices read too far apart to compare
Costs−$340.336% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropGRVT: points · farm boardneeds both prices read together

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.085% in total, about +0.0040%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.321%
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

/8h

PEPE on 39 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • OK: Fits both order books8.6 / 10.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $200
    GRVT 10x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$35.30Long GRVT: 3 payments, +$33.45; short Bybit: 3 payments, +$1.85.
  • Watch: Prices read 52 s apart−0.321% vs −0.063%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$1.2M vs $75.9M OI
    GRVT sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • Watch: KYCGRVT No · Bybit Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0040%/8h × 21 periods+$8.50
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$13.55
Fee GRVT bp × 2 orders−$9.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k−$25.05
price spread not counted: prices read too far apart
Costs to cover0.336%Break-even27.6 days
Slippage: GRVT: live order book, 4 min ago; Bybit: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT1.208.6 bp−$91670.3 bp−$16.7Kdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.0010.2 bp−$1017.2 bp−$17247.6 bp−$4,763doesn’t fit

Closing costs about the same again.

Alert

PEPE news

posts that mention PEPE, from every exchangeSearch all news →
10-28 16:00OKXOtherEurope, your next X Drops basket is here. ZEC, NEAR, SUI, TAO, PEPE, WLD, LINK, PUMP, ONDO and ZAMA are in, with 3.4M $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
10-22 06:00KuCoinOtherFresh out of the oven: the coin cookie tray 🍪 BTC, ETH, SOL, DOGE, PEPE and more. Which one are you reaching for? Register and complete your first trade for a chance to share 5,000 USDT, up to 100 USDT each. Grab yours 👉 #FoodForYourThought #KuFood #KuCoin @kucoincom on X ↗
09-28 17:53PhoenixListingNow live on Phoenix: $SHIB - 10x leverage $PEPE - 10x leverage @PhoenixTrade on X ↗
09-24 15:00PhoenixListingnew market kPEPE ($PEPE) seen by our collector
09-23 09:30PhemexOtherBTC is green. But the alts are doing the talking. $XRP +9.11% $PEPE +18.55% $ZEC +6.56% $NEAR +4.14% 👀 What are you watching? The next 100x gems? Comments below👇 @Phemex_official on X ↗