Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.021%
Price spread now: GRVT against Extended+0.005%72s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as 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−$3023.015% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 3 days (all we have)+0.170%+$17 · spread now +0.005%, 7d avg −0.003%
=Together, before fees+0.227%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$23 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended W-USD | 0.01170 | 0.0104 | pay 0.0013% / 1h | 56m 08s | $59K | $276K | 5x |
| Short | GRVT W_USDT_Perp | 0.01170 | 0.0100 | get 0.0050% / 4h | 2h 56m | $133K | $412K | 10x |
Extended W-USD
GRVT W_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$0.84
- Price spread: +0.005% → −0.003%
- $0.74
- Slippage, 4 orders
- −$287.53
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$301.64
- Costs to cover
- 3.015%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; GRVT: live order book, 31 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 Extended live order book, 31 min ago | 1.70 bp | 62.5 bp −$62 | 337.7 bp −$3,377 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 8.48 bp | 88.9 bp −$89 | 263.6 bp −$2,636 | doesn't fit | doesn't fit |
W on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit W_USDC-PERPETUAL | −0.0091% | 1h | 0.01171 | +0.090% | $17K | $790 | 10x | as long as short |
| OKX W-USDT-SWAP | +0.0031% | 4h | 0.01170 | −0.030% | $1.3M | $2.2M | 20x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +3.338% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01171 | +0.090% | $2.0M | $473K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01171 | +0.107% | $2.9M | $7.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01168 | −0.132% | $4.1M | $2.1M | 50x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01168 | −0.141% | $443K | $300K | 75x | as long as short |
| MEXC W_USDT | +0.0100% | 4h | 0.01171 | +0.073% | $12.8M | $1.7M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01168 | −0.166% | $419K | $231K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01172 | +0.175% | $1.2M | $551K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
OKX W-USDT-SWAP
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
Gate W_USDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01170 | −0.021% | — | $6.9M | — | as long as short |
| Backpack W_USDC_PERP | +0.0100% | 1h | 0.01172 | +0.218% | $44K | $47K | 15x | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01172 | +0.177% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perpshort | +0.0100% | 4h | 0.01170 | +0.005% | $133K | $412K | 10x | |
| Extended W-USDlong | +0.0104% | 1h | 0.01170 | long leg | $59K | $276K | 5x | |
| Coinbase International W-PERP-INTX | +0.0296% | 1h | 0.01179 | +0.740% | $14K | $18K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.0621% | 1h | 0.01173 | +0.268% | $145K | $186K | 20x | as long as short |
BingX W-USDT
Backpack W_USDC_PERP
Variational Omni W
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD