Funding you earn now, next payment 08:00 UTC−0.0830%/8h= −90.9% APRnext payment −$4.15 per $10,000 · paid last 24h −0.074%
Price spread now: GRVT against Bitget−0.043%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$3003.002% of the position
Funding, last 7 days−0.074%−$7 on $10k
+Price spread, last 7 days−0.080%−$8 · spread now −0.043%, 7d avg −0.065%
=Together, before fees−0.155%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.022% dearer against Bitget than usual: you sell high and buy low (spread −0.043% now, against its 7-day average of −0.065%): +$2 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.074% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.074% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.15 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 SAHARAUSDT | 0.009334 | 0.0930 | pay 0.0465% / 4h | 3h 10m | $1.2M | $398K | 25x |
| Short | GRVT SAHARA_USDT_Perp | 0.009330 | 0.0100 | get 0.0050% / 4h | 3h 10m | $141K | $2.9M | 10x |
Bitget SAHARAUSDT
GRVT SAHARA_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
- −$174.3
- Price spread: −0.043% → −0.065%
- $2.18
- Slippage, 4 orders
- −$279.17
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$472.29
- Costs to cover
- 3.002%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 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, 5 min ago | 5.88 bp | 28.0 bp −$28 | 268.2 bp −$2,682 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 5.36 bp | 82.9 bp −$83 | 253.9 bp −$2,539 | doesn't fit | doesn't fit |
SAHARA on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SAHARAUSDT | +0.0100% | 4h | 0.009311 | −0.246% | $4.4M | $4.9M | 25x | as long as short |
| Gate SAHARA_USDT | +0.0100% | 8h | 0.009320 | −0.150% | $191K | $57K | 25x | as long as short |
| MEXC SAHARA_USDT | +0.0100% | 4h | 0.009311 | −0.246% | $1.4M | $238K | 20x | as long as short |
| KuCoin SAHARAUSDTM | +0.0100% | 4h | 0.009320 | −0.150% | $273K | $52K | 25x | as long as short |
| GRVT SAHARA_USDT_Perpshort | +0.0100% | 4h | 0.009330 | −0.043% | $141K | $2.9M | 10x | |
| ApeX Omni SAHARAUSDT | +0.0100% | 1h | 0.009320 | −0.150% | $16K | $259K | 50x | as long as short |
| Extended SAHARA-USD | +0.0104% | 1h | 0.009308 | −0.275% | $630 | $305K | 5x | as long as short |
| OKX SAHARA-USDT-SWAP | +0.0304% | 4h | 0.009320 | −0.150% | $985K | $1.1M | 20x | as long as short |
| Bybit SAHARAUSDT | +0.0311% | 4h | 0.009317 | −0.182% | $1.9M | $1.4M | 20x | as long as short |
| Aster SAHARAUSDT | +0.0635% | 4h | 0.009320 | −0.145% | $61K | $18K | 5x | as long as short |
Binance SAHARAUSDT
Gate SAHARA_USDT
MEXC SAHARA_USDT
KuCoin SAHARAUSDTM
ApeX Omni SAHARAUSDT
Extended SAHARA-USD
OKX SAHARA-USDT-SWAP
Bybit SAHARAUSDT
Aster SAHARAUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SAHARA | +0.0824% | 4h | 0.009322 | −0.126% | $22K | $12K | — | as long as short |
| BingX SAHARA-USDT | +0.0884% | 4h | 0.009318 | −0.171% | — | $2.3M | — | as long as short |
| Bitget SAHARAUSDTlong | +0.0930% | 4h | 0.009334 | long leg | $1.2M | $398K | 25x |
Variational Omni SAHARA
BingX SAHARA-USDT