Settings8H · net · $10k
Funding arb · Price arb /

W

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bitget−0.221%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2312.311% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.628%+$63 · spread now −0.221%, 7d avg −0.013%
Together, before fees+0.629%+ Points / potential airdropGRVT: Active · farm board+$63 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.208% cheaper against Bitget than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget WUSDT0.011930.0100pay 0.0050% / 4h1h 19m$1.3M$570K50x
ShortGRVT W_USDT_Perp0.011900.0100get 0.0050% / 4h1h 19m$126K$413K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.221% → −0.013%
−$20.77
Slippage, 4 orders
−$210.11
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$251.88
Costs to cover
2.311%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 43 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago4.19 bp26.7 bp −$27179.0 bp −$1,790doesn't fitdoesn't fit
Sell GRVT live order book, 43 min ago4.23 bp101.3 bp −$101162.1 bp −$1,621doesn't fitdoesn't fit

W on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit W_USDC-PERPETUAL0.0000%1h0.01193−0.034%$16K$2K10xas long as short
Injective W/USDC PERP+0.0033%1h0.01209+1.341%$1K$1K12xas long as short
Hyperliquid W+0.0100%1h0.01192−0.084%$2.0M$383K5xas long as short
Binance WUSDT+0.0100%4h0.01192−0.054%$3.0M$6.6M50xas long as short
Bybit WUSDT+0.0100%4h0.01191−0.168%$4.2M$1.9M50xas long as short
OKX W-USDT-SWAP+0.0100%4h0.01191−0.193%$1.3M$1.9M20xas long as short
Gate W_USDT+0.0100%4h0.01190−0.251%$451K$253K75xas long as short
MEXC W_USDT+0.0100%4h0.01192−0.059%$12.9M$1.4M50xas long as short
KuCoin WUSDTM+0.0100%4h0.01191−0.168%$385K$214K50xas long as short
Bitget WUSDTlong+0.0100%4h0.01193long leg$1.3M$570K50x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX W-USDT+0.0100%4h0.01192−0.042%$6.8Mas long as short
Variational Omni W+0.0100%4h0.01191−0.194%$72K$41Kas long as short
GRVT W_USDT_Perpshort+0.0100%4h0.01190−0.221%$126K$413K10x
Extended W-USD+0.0104%1h0.01192−0.089%$61K$237K5xas long as short
Coinbase International W-PERP-INTX+0.0312%1h0.011930.000%$14K$16K50xas long as short
Backpack W_USDC_PERP+0.0645%1h0.01194+0.084%$44K$45K15xas long as short
Kraken Futures PF_WUSD+0.1700%1h0.01195+0.182%$148K$184K20xas long as short