Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against GRVT−0.067%51s7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$823as 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−$8198.194% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 3 days (all we have)−0.129%−$13 · spread now −0.067%, 7d avg −0.065%
=Together, before fees−0.167%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT W_USDT_Perp | 0.01187 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $127K | $377K | 10x |
| Short | Gate W_USDT | 0.01186 | 0.0100 | get 0.0050% / 4h | 3h 44m | $448K | $284K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against GRVT. 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
- Price spread: −0.067% → −0.065%
- −$0.25
- Slippage, 4 orders
- −$795.42
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$819.67
- Costs to cover
- 8.194%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 28 min ago; Gate: live order book, 26 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 GRVT live order book, 28 min ago | 8.47 bp | 78.8 bp −$79 | 147.4 bp −$1,474 | doesn't fit | doesn't fit |
| Sell Gate live order book, 26 min ago | 8.48 bp | 400.3 bp −$400 | doesn't fit | 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 | −0.0255% | 1h | 0.01188 | +0.118% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.862% | $1K | $1K | 12x | as long as short |
| OKX W-USDT-SWAP | +0.0084% | 4h | 0.01188 | +0.110% | $1.3M | $2.0M | 20x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01189 | +0.177% | $2.0M | $417K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01189 | +0.195% | $3.0M | $6.8M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01188 | +0.076% | $4.2M | $1.9M | 50x | as long as short |
| Gate W_USDTshort | +0.0100% | 4h | 0.01186 | −0.067% | $448K | $284K | 75x | |
| MEXC W_USDT | +0.0100% | 4h | 0.01189 | +0.186% | $12.9M | $1.4M | 50x | as long as short |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01189 | +0.177% | $459K | $219K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01189 | +0.177% | $1.3M | $575K | 50x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX W-USDT | +0.0100% | 4h | 0.01188 | +0.118% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01185 | −0.137% | $71K | $42K | — | as long as short |
| GRVT W_USDT_Perplong | +0.0100% | 4h | 0.01187 | long leg | $127K | $377K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01189 | +0.173% | $64K | $290K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0280% | 1h | 0.01188 | +0.059% | $14K | $16K | 50x | as long as short |
| Backpack W_USDC_PERP | +0.1291% | 1h | 0.01191 | +0.312% | $44K | $44K | 15x | as long as short |
| Kraken Futures PF_WUSD | +0.1320% | 1h | 0.01191 | +0.357% | $148K | $181K | 20x | as long as short |
GRVT W_USDT_Perp
Gate W_USDT
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
OKX W-USDT-SWAP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
MEXC W_USDT
KuCoin WUSDTM
Bitget WUSDT
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Backpack W_USDC_PERP
Kraken Futures PF_WUSD