Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.064%
Price spread now: GRVT against BloFin+0.372%102s7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as 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−$780.785% of the position
Funding, last 7 days−0.425%−$42 on $10k
+Price spread, last 3 days (all we have)−0.451%−$45 · spread now +0.372%, 7d avg −0.093%
=Together, before fees−0.876%+ Points / potential airdropGRVT: Active · farm board−$88 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.465% dearer against BloFin than usual: you sell high and buy low (spread +0.372% now, against its 7-day average of −0.093%): +$47 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 6.5 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 WIF-USDT | 0.2420 | 0.0340 | pay 0.0170% / 4h | 1h 09m | $974K | $713K | 75x |
| Short | GRVT WIF_USDT_Perp | 0.2429 | 0.0100 | get 0.0050% / 4h | 1h 09m | $277K | $1.8M | 10x |
BloFin WIF-USDT
GRVT WIF_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
- −$50.4
- Price spread: +0.372% → −0.093%
- $46.53
- Slippage, 4 orders
- −$57.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$82.35
- Costs to cover
- 0.785%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; GRVT: live order book, 4 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, 8 min ago | 6.19 bp | 12.2 bp −$12 | 17.4 bp −$174 | 47.6 bp −$4,763 | doesn't fit |
| Sell GRVT live order book, 4 min ago | 2.06 bp | 18.4 bp −$18 | 100.2 bp −$1,002 | doesn't fit | doesn't fit |
WIF on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack WIF_USDC_PERP | −0.0291% | 1h | 0.2427 | +0.289% | $74K | $246K | 10x | as long as short |
| KuCoin WIFUSDTM | −0.0028% | 4h | 0.2432 | +0.496% | $4.1M | $11.2M | 75x | as long as short |
| dYdX WIF-USD | 0.0000% | 1h | 0.2434 | +0.564% | $18K | $582 | 10x | as long as short |
| Deribit WIF_USDC-PERPETUAL | 0.0000% | 1h | 0.2433 | +0.537% | $48K | $289K | 25x | as long as short |
| gTrade (Gains Network) WIF/USD | L +0.0002% / S −0.0002% | 1h | 0.2434 | +0.559% | $15K | — | 150x | as long as short |
| Injective WIF/USDC PERP | +0.0033% | 1h | 0.2395 | −1.033% | $10K | $10K | 12x | as long as short |
| Orderly PERP_WIF_USDC | +0.0090% | 4h | 0.2432 | +0.496% | $5K | $1.3M | 10x | as long as short |
| Lighter WIF | +0.0096% | 1h | 0.2434 | +0.562% | $136K | $550K | 10x | as long as short |
| Popdex WIFUSDT | +0.0096% | 1h | 0.2434 | +0.579% | $54K | $483K | 20x | as long as short |
| Hyperliquid WIF | +0.0100% | 1h | 0.2437 | +0.702% | $7.6M | $4.0M | 5x | as long as short |
Backpack WIF_USDC_PERP
KuCoin WIFUSDTM
dYdX WIF-USD
Deribit WIF_USDC-PERPETUAL
gTrade (Gains Network) WIF/USD
Injective WIF/USDC PERP
Orderly PERP_WIF_USDC
Lighter WIF
Popdex WIFUSDT
Hyperliquid WIFShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster WIFUSDT | +0.0100% | 4h | 0.2434 | +0.561% | $25K | $255K | 10x | as long as short |
| Pacifica WIF | +0.0100% | 1h | 0.2433 | +0.544% | $77K | $49K | 5x | as long as short |
| Binance WIFUSDT | +0.0100% | 4h | 0.2434 | +0.564% | $18.1M | $101.2M | 75x | as long as short |
| Bybit WIFUSDT | +0.0100% | 4h | 0.2432 | +0.488% | $16.9M | $35.2M | 50x | as long as short |
| OKX WIF-USDT-SWAP | +0.0100% | 4h | 0.2431 | +0.455% | $6.1M | $31.5M | 50x | as long as short |
| Gate WIF_USDT | +0.0100% | 4h | 0.2433 | +0.537% | $1.2M | $7.0M | 50x | as long as short |
| MEXC WIF_USDT | +0.0100% | 4h | 0.2434 | +0.579% | $22.1M | $10.7M | 50x | as long as short |
| Bitget WIFUSDT | +0.0100% | 4h | 0.2434 | +0.579% | $7.5M | $11.7M | 50x | as long as short |
| BingX WIF-USDC | +0.0100% | 4h | 0.2430 | +0.413% | — | $2.3M | — | as long as short |
| Variational Omni WIF | +0.0100% | 4h | 0.2420 | +0.007% | $72K | $68K | — | as long as short |
| GRVT WIF_USDT_Perpshort | +0.0100% | 4h | 0.2429 | +0.372% | $277K | $1.8M | 10x | |
| ApeX Omni WIFUSDT | +0.0100% | 1h | 0.2429 | +0.372% | $43K | $618K | 25x | as long as short |
| SunX WIF-USDT | +0.0100% | 4h | 0.2421 | +0.041% | $1K | $2.8M | 50x | as long as short |
| SoDEX WIF-USD | +0.0100% | 1h | 0.2433 | +0.529% | $554 | $5K | 5x | as long as short |
| HTX WIF-USDT | +0.0100% | 4h | 0.2420 | 0.000% | $168K | $719K | 75x | as long as short |
| Extended WIF-USD | +0.0104% | 1h | 0.2433 | +0.537% | $10K | $153K | 25x | as long as short |
| Aevo WIF-PERP | +0.0104% | 1h | 0.2433 | +0.537% | $81K | $85 | 3x | as long as short |
| GMX WIF/USD [WBTC.b-USDC] | L +0.0235% / S −0.1345% | 1h | 0.2433 | +0.530% | $4K | — | 100x | as long as short |
| Coinbase International WIF-PERP-INTX | +0.0264% | 1h | 0.2429 | +0.372% | $319K | $2.3M | 50x | as long as short |
| BloFin WIF-USDTlong | +0.0340% | 4h | 0.2420 | long leg | $974K | $713K | 75x | |
| Kraken Futures PF_WIFUSD | +0.0372% | 1h | 0.2430 | +0.400% | $635K | $2.1M | 50x | as long as short |
| Reya WIFRUSDPERP | +0.0558% | 1h | 0.2433 | +0.524% | $0 | — | 15x | as long as short |
Aster WIFUSDT
Pacifica WIF
Binance WIFUSDT
Bybit WIFUSDT
OKX WIF-USDT-SWAP
Gate WIF_USDT
MEXC WIF_USDT
Bitget WIFUSDT
BingX WIF-USDC
Variational Omni WIF
ApeX Omni WIFUSDT
SunX WIF-USDT
SoDEX WIF-USD
HTX WIF-USDT
Extended WIF-USD
Aevo WIF-PERP
GMX WIF/USD [WBTC.b-USDC]
Coinbase International WIF-PERP-INTX
Kraken Futures PF_WIFUSD
Reya WIFRUSDPERP