Funding you earn now, next payment 04:00 UTC+0.2702%/8h= +295.9% APRnext payment +$13.51 per $10,000 · paid last 24h +0.133%
Price spread now: GRVT against Bitget+0.510%63s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1311.314% of the position
Funding, last 7 days+0.279%+$28 on $10k
+Price spread, last 3 days (all we have)−0.534%−$53 · spread now +0.510%, 7d avg +0.014%
=Together, before fees−0.255%+ Points / potential airdropGRVT: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$81 a day on $10k at the current rate, and GRVT is 0.496% dearer against Bitget than usual: you sell high and buy low: +$50 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.279% in total (about 14.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$13.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget PROVEUSDT | 0.2355 | −0.6016 | get 0.3008% / 4h | 3h 20m | $754K | $4.9M | 50x |
| Short | GRVT PROVE_USDT_Perp | 0.2367 | −0.3314 | pay 0.1657% / 4h | 3h 20m | $229K | $2.6M | 10x |
Bitget PROVEUSDT
GRVT PROVE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $567.42
- Price spread: +0.510% → +0.014%
- $49.6
- Slippage, 4 orders
- −$110.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $485.66
- Costs to cover
- 1.314%
- Break-even
- 1.0 days
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 3 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 Bitget live order book, 3 min ago | 6.36 bp | 25.1 bp −$25 | 98.8 bp −$988 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 4.23 bp | 37.5 bp −$38 | 171.3 bp −$1,713 | doesn't fit | doesn't fit |
PROVE on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni PROVE | −0.7258% | 4h | 0.2361 | +0.238% | $29K | $47K | — | as long as short |
| Binance PROVEUSDT | −0.6599% | 4h | 0.2356 | +0.050% | $3.4M | $36.8M | 75x | as long as short |
| MEXC PROVE_USDT | −0.6598% | 4h | 0.2356 | +0.042% | $293K | $408K | 20x | as long as short |
| OKX PROVE-USDT-SWAP | −0.6381% | 4h | 0.2355 | 0.000% | $613K | $8.2M | 20x | as long as short |
| Aster PROVEUSDT | −0.6287% | 4h | 0.2365 | +0.425% | $48K | $271K | 5x | as long as short |
| Bitget PROVEUSDTlong | −0.6016% | 4h | 0.2355 | long leg | $754K | $4.9M | 50x | |
| KuCoin PROVEUSDTM | −0.5844% | 4h | 0.2359 | +0.178% | $2.8M | $1.1M | 50x | as long as short |
| Bybit PROVEUSDT | −0.5260% | 4h | 0.2363 | +0.340% | $2.2M | $10.7M | 25x | as long as short |
| ApeX Omni PROVEUSDT | −0.5247% | 1h | 0.2365 | +0.425% | $51K | $334K | 50x | as long as short |
| Hyperliquid PROVE | −0.3858% | 1h | 0.2359 | +0.178% | $351K | $927K | 3x | as long as short |
Variational Omni PROVE
Binance PROVEUSDT
MEXC PROVE_USDT
OKX PROVE-USDT-SWAP
Aster PROVEUSDT
KuCoin PROVEUSDTM
Bybit PROVEUSDT
ApeX Omni PROVEUSDT
Hyperliquid PROVEShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX PROVE-USDT | −0.3742% | 4h | 0.2360 | +0.212% | — | $2.5M | — | as long as short |
| Gate PROVE_USDT | −0.3716% | 4h | 0.2361 | +0.255% | $205K | $1.0M | 75x | as long as short |
| GRVT PROVE_USDT_Perpshort | −0.3314% | 4h | 0.2367 | +0.510% | $229K | $2.6M | 10x | |
| Lighter PROVE | −0.0232% | 1h | 0.2365 | +0.433% | $83K | $132K | 3x | as long as short |
BingX PROVE-USDT
Gate PROVE_USDT
Lighter PROVE