Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.052%
Price spread now: GRVT against BloFin+0.280%102s7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$410.409% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 3 days (all we have)−0.396%−$40 · spread now +0.280%, 7d avg −0.023%
=Together, before fees−0.624%+ Points / potential airdropGRVT: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.303% dearer against BloFin than usual: you sell high and buy low (spread +0.280% now, against its 7-day average of −0.023%): +$30 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 8.4 days. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin UNI-USDT | 8.9480 | 0.0220 | pay 0.0220% / 8h | 5m 32s | $10.0M | $3.5M | 75x |
| Short | GRVT UNI_USDT_Perp | 8.9730 | 0.0100 | get 0.0100% / 8h | 5m 32s | $624K | $2.5M | 10x |
BloFin UNI-USDT
GRVT UNI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against BloFin. 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
- −$25.2
- Price spread: +0.280% → −0.023%
- $30.29
- Slippage, 4 orders
- −$19.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$35.81
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from BloFin: 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 BloFin live order book, 3 min ago | 1.12 bp | 12.2 bp −$12 | 18.1 bp −$181 | 49.9 bp −$4,989 | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.67 bp | 10.0 bp −$10 | 21.5 bp −$215 | doesn't fit | doesn't fit |
UNI on 40 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UNI/USDC PERP | −0.0049% | 1h | 8.8300 | −1.319% | $660 | $155K | 12x | as long as short |
| gTrade (Gains Network) UNI/USD | L +0.0004% / S −0.0004% | 1h | 8.9655 | +0.195% | $62K | — | 150x | as long as short |
| Variational Omni UNI | +0.0087% | 8h | 8.9503 | +0.026% | $4.1M | $4.4M | — | as long as short |
| OKX UNI-USDT-SWAP | +0.0087% | 8h | 8.9600 | +0.134% | $54.7M | $248.8M | 50x | as long as short |
| Nado UNI-PERP | +0.0100% | 1h | 8.9567 | +0.098% | $951K | $4.2M | 10x | as long as short |
| Aster UNIUSDT | +0.0100% | 8h | 8.9601 | +0.136% | $1.0M | $3.3M | 50x | as long as short |
| Pacifica UNI | +0.0100% | 1h | 8.9540 | +0.067% | $296K | $591K | 10x | as long as short |
| Binance UNIUSDT | +0.0100% | 8h | 8.9570 | +0.101% | $221.7M | $591.3M | 75x | as long as short |
| Bybit UNIUSDT | +0.0100% | 8h | 8.9550 | +0.078% | $101.2M | $105.5M | 75x | as long as short |
| Arcus UNI-USD | +0.0100% | 1h | 8.9650 | +0.190% | $269K | $614K | 10x | as long as short |
Injective UNI/USDC PERP
gTrade (Gains Network) UNI/USD
Variational Omni UNI
OKX UNI-USDT-SWAP
Nado UNI-PERP
Aster UNIUSDT
Pacifica UNI
Binance UNIUSDT
Bybit UNIUSDT
Arcus UNI-USDShow all 40 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate UNI_USDT | +0.0100% | 8h | 8.9530 | +0.056% | $22.8M | $59.2M | 75x | as long as short |
| MEXC UNI_USDT | +0.0100% | 8h | 8.9610 | +0.145% | $43.9M | $24.1M | 200x | as long as short |
| KuCoin UNIUSDTM | +0.0100% | 8h | 8.9580 | +0.112% | $13.6M | $13.5M | 75x | as long as short |
| Bitget UNIUSDT | +0.0100% | 8h | 8.9600 | +0.134% | $32.7M | $42.0M | 75x | as long as short |
| BingX UNI-USDC | +0.0100% | 8h | 8.9540 | +0.067% | — | $6.5M | — | as long as short |
| Backpack UNI_USDC_PERP | +0.0100% | 1h | 8.9606 | +0.141% | $1.1M | $2.4M | 10x | as long as short |
| edgeX UNIUSDC | +0.0100% | 4h | 8.9500 | +0.022% | $168K | $344K | 20x | as long as short |
| GRVT UNI_USDT_Perpshort | +0.0100% | 8h | 8.9730 | +0.280% | $624K | $2.5M | 10x | |
| ApeX Omni UNIUSDT | +0.0100% | 1h | 8.9490 | +0.011% | $88K | $708K | 50x | as long as short |
| StandX UNI-USD | +0.0100% | 1h | 8.9580 | +0.112% | $36K | $3.3M | 20x | as long as short |
| Polymarket Perps UNI-USD | +0.0100% | 1h | 8.9628 | +0.165% | $85K | $366K | 10x | as long as short |
| Orderly PERP_UNI_USDC | +0.0100% | 8h | 8.9520 | +0.045% | $16K | $1.7M | 10x | as long as short |
| SunX UNI-USDT | +0.0100% | 8h | 8.9590 | +0.123% | $37K | $1.3M | 30x | as long as short |
| SoDEX UNI-USD | +0.0100% | 1h | 8.9569 | +0.099% | $21K | $676K | 10x | as long as short |
| HTX UNI-USDT | +0.0100% | 8h | 8.9585 | +0.117% | $717K | $4.3M | 75x | as long as short |
| Phemex UNIUSDT | +0.0100% | 8h | 8.9580 | +0.112% | $27.0M | $4.5M | 50x | as long as short |
| Paradex UNI-USD-PERP | +0.0100% | 8h | 8.9520 | +0.045% | $26K | — | 20x | as long as short |
| Extended UNI-USD | +0.0104% | 1h | 8.9513 | +0.036% | $302K | $1.5M | 25x | as long as short |
| Aevo UNI-PERP | +0.0104% | 1h | 8.9557 | +0.086% | $32K | $1K | 3x | as long as short |
| 01 Exchange UNIUSD | +0.0168% | 1h | 8.9589 | +0.122% | $447 | — | 10x | as long as short |
| Deribit UNI_USDC-PERPETUAL | +0.0207% | 1h | 8.9591 | +0.124% | $577K | $177K | 50x | as long as short |
| BloFin UNI-USDTlong | +0.0220% | 8h | 8.9480 | long leg | $10.0M | $3.5M | 75x | |
| Coinbase International UNI-PERP-INTX | +0.0232% | 1h | 8.9570 | +0.101% | $1.1M | $5.4M | 50x | as long as short |
| dYdX UNI-USD | +0.0302% | 1h | 8.9528 | +0.054% | $248K | $6K | 10x | as long as short |
| Reya UNIRUSDPERP | +0.0365% | 1h | 8.9584 | +0.117% | $16K | — | 20x | as long as short |
| GMX UNI/USD [UNI-USDC] | L +0.0381% / S −0.0323% | 1h | 8.9546 | +0.073% | $567K | — | 120x | as long as short |
| Hyperliquid UNI | +0.0436% | 1h | 8.9699 | +0.245% | $98.1M | $59.6M | 10x | as long as short |
| Kraken Futures PF_UNIUSD | +0.0565% | 1h | 8.9621 | +0.157% | $5.0M | $7.0M | 50x | as long as short |
| Aftermath Perps UNIUSD | +0.0871% | 1h | 8.9695 | +0.241% | $1K | $49K | 10x | as long as short |
| Lighter UNI | +0.0912% | 1h | 8.9718 | +0.266% | $4.6M | $5.3M | 15x | as long as short |
Gate UNI_USDT
MEXC UNI_USDT
KuCoin UNIUSDTM
Bitget UNIUSDT
BingX UNI-USDC
Backpack UNI_USDC_PERP
edgeX UNIUSDC
ApeX Omni UNIUSDT
StandX UNI-USD
Polymarket Perps UNI-USD
Orderly PERP_UNI_USDC
SunX UNI-USDT
SoDEX UNI-USD
HTX UNI-USDT
Phemex UNIUSDT
Paradex UNI-USD-PERP
Extended UNI-USD
Aevo UNI-PERP
01 Exchange UNIUSD
Deribit UNI_USDC-PERPETUAL
Coinbase International UNI-PERP-INTX
dYdX UNI-USD
Reya UNIRUSDPERP
GMX UNI/USD [UNI-USDC]
Hyperliquid UNI
Kraken Futures PF_UNIUSD
Aftermath Perps UNIUSD
Lighter UNI