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: MEXC against GRVT+0.192%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$177as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1731.729% of the position
Funding, last 7 days−0.046%−$5 on $10k
+Price spread, last 3 days (all we have)−0.338%−$34 · spread now +0.192%, 7d avg +0.023%
=Together, before fees−0.384%+ Points / potential airdropGRVT: Active · farm board−$38 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: MEXC is 0.169% dearer against GRVT than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT W_USDT_Perp | 0.01192 | 0.0100 | pay 0.0050% / 4h | 3h 15m | $132K | $388K | 10x |
| Short | MEXC W_USDT | 0.01194 | 0.0100 | get 0.0050% / 4h | 3h 15m | $12.9M | $1.5M | 50x |
GRVT W_USDT_Perp
MEXC W_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.192% → +0.023%
- $16.94
- Slippage, 4 orders
- −$159.92
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$155.98
- Costs to cover
- 1.729%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; MEXC: 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 GRVT live order book, 57 min ago | 8.47 bp | 78.8 bp −$79 | 147.4 bp −$1,474 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 0.42 bp | 8.5 bp −$9 | 56.0 bp −$560 | 83.9 bp −$8,388 | 185.1 bp −$92.5K |
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 | −0.0419% | 1h | 0.01195 | +0.209% | $16K | $2K | 10x | as long as short |
| Injective W/USDC PERP | +0.0033% | 1h | 0.01209 | +1.417% | $1K | $1K | 12x | as long as short |
| Hyperliquid W | +0.0100% | 1h | 0.01195 | +0.243% | $2.0M | $409K | 5x | as long as short |
| Binance WUSDT | +0.0100% | 4h | 0.01195 | +0.201% | $3.0M | $6.7M | 50x | as long as short |
| Bybit WUSDT | +0.0100% | 4h | 0.01193 | +0.058% | $4.2M | $1.9M | 50x | as long as short |
| OKX W-USDT-SWAP | +0.0100% | 4h | 0.01195 | +0.201% | $1.3M | $2.0M | 20x | as long as short |
| Gate W_USDT | +0.0100% | 4h | 0.01191 | −0.126% | $449K | $284K | 75x | as long as short |
| MEXC W_USDTshort | +0.0100% | 4h | 0.01194 | +0.192% | $12.9M | $1.5M | 50x | |
| KuCoin WUSDTM | +0.0100% | 4h | 0.01192 | −0.009% | $457K | $217K | 50x | as long as short |
| Bitget WUSDT | +0.0100% | 4h | 0.01194 | +0.159% | $1.3M | $570K | 50x | as long as short |
Deribit W_USDC-PERPETUAL
Injective W/USDC PERP
Hyperliquid W
Binance WUSDT
Bybit WUSDT
OKX W-USDT-SWAP
Gate 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 | 0.01191 | −0.068% | — | $6.9M | — | as long as short |
| Variational Omni W | +0.0100% | 4h | 0.01191 | −0.096% | $72K | $42K | — | as long as short |
| GRVT W_USDT_Perplong | +0.0100% | 4h | 0.01192 | long leg | $132K | $388K | 10x | |
| Extended W-USD | +0.0104% | 1h | 0.01194 | +0.179% | $60K | $240K | 5x | as long as short |
| Coinbase International W-PERP-INTX | +0.0280% | 1h | 0.01195 | +0.268% | $14K | $16K | 50x | as long as short |
| Kraken Futures PF_WUSD | +0.1314% | 1h | 0.01197 | +0.414% | $148K | $181K | 20x | as long as short |
| Backpack W_USDC_PERP | +0.1425% | 1h | 0.01195 | +0.276% | $45K | $47K | 15x | as long as short |
BingX W-USDT
Variational Omni W
Extended W-USD
Coinbase International W-PERP-INTX
Kraken Futures PF_WUSD
Backpack W_USDC_PERP