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
LONG0.000004632+0.0100pay 0.0100% / 8h6h 09m$1.1M$3.1M10xLong GRVT
SHORT0.000004643+0.0078get 0.0078% / 8h6h 09m$43K$240K20xShort Orderly
Price gap+0.237%
Funding gap−0.0022% /8h

The gap pays +$35 on $10k if it goes back to its 7d average, but funding costs $1 a day and eats that in about 51 days. At the last 7 days' pace that is about 13 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$19−0.0022% /8h now · paid −0.190% over the last 7D
Price+$35spread +0.237% now, avg −0.110% → +0.346% if it goes back
Costsno datano order book for Orderly
Result, before costs+$16+0.16%+ Points / potential airdropGRVT: points · farm boardcosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest

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+0.237%
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

4 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Orderly: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $500
    GRVT 10x, Orderly 20x. 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: −$0.67Long GRVT: 3 payments, −$3.00; short Orderly: 3 payments, +$2.33.
  • OK: Entry gap works for you+0.237% vs −0.110%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$43K vs $1.1M OI
    Orderly sets your exit cost. Check its book before closing.
  • OK: Points on a legGRVT points
    Volume here counts toward the points program.
  • OK: No KYC on either legGRVT No · Orderly No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0091%/8h × 21 periods−$19.01
Price spread+0.237% → −0.110% (7d avg)+$34.61
Slippage, 4 ordersno data for Orderly—
Fee GRVT bp × 2 orders−$9.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k+$0.60
Costs to cover0.150%Break-evenfrom the start
Slippage: GRVT: live order book, 3 min ago; Orderly: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGGRVT3.7712.1 bp−$1217.5 bp−$175doesn’t fitdoesn’t fit
SELL · SHORTOrderly—————

Closing costs about the same again.
Orderly: no data.

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 $ZAMA up for grabs. Trade @zama for 3× rewards. @okx on X ↗
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09-24 15:00PhoenixListingnew market kPEPE ($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 ↗