Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.006%
Price spread now: GRVT against dYdX−0.254%50s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$188as 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−$2062.057% of the position
Funding, last 7 days+0.181%+$18 on $10k
+Price spread, last 3 days (all we have)+0.530%+$53 · spread now −0.254%, 7d avg −0.025%
=Together, before fees+0.711%+ Points / potential airdropGRVT: Active · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.228% cheaper against dYdX than usual: you would sell low and buy high (spread −0.254% now, against its 7-day average of −0.025%). If the spread goes back, that is −$23 on $10k: about 7.6 days of funding at the current rate (+$3 a day). The two prices were read 50 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 | dYdX WLD-USD | 0.4522 | 0 | get 0.0000% / 1h | 2m 16s | $154K | $6K | 10x |
| Short | GRVT WLD_USDT_Perp | 0.4510 | 0.0100 | get 0.0100% / 8h | 2h 02m | $605K | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against dYdX. 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
- $21
- Price spread: −0.254% → −0.025%
- −$22.84
- Slippage, 4 orders
- −$186.74
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$207.58
- Costs to cover
- 2.057%
- Break-even
- 76.2 days
Slippage from dYdX: live order book, 22 min ago; GRVT: live order book, 1 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 dYdX live order book, 22 min ago | 79.53 bp | 87.7 bp −$88 | 90.7 bp −$907 | 111.0 bp −$11.1K | 170.8 bp −$85.4K |
| Sell GRVT live order book, 1 min ago | 1.11 bp | 13.5 bp −$13 | 32.4 bp −$324 | doesn't fit | doesn't fit |
WLD on 38 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 | |
|---|---|---|---|---|---|---|---|---|
| Kalshi KXWLDPERP | −0.0489% | 8h | 0.4519 | −0.060% | $45K | $3.8M | 1.7x | as long as short |
| Orderly PERP_WLD_USDC | −0.0015% | 8h | 0.4513 | −0.193% | $27K | $916K | 10x | as long as short |
| KuCoin WLDUSDTM | −0.0003% | 8h | 0.4512 | −0.215% | $7.0M | $10.7M | 50x | as long as short |
| dYdX WLD-USDlong | 0.0000% | 1h | 0.4522 | long leg | $154K | $6K | 10x | |
| Deribit WLD_USDC-PERPETUAL | 0.0000% | 1h | 0.4513 | −0.193% | $122K | $911K | 25x | as long as short |
| gTrade (Gains Network) WLD/USD | L +0.0003% / S −0.0003% | 1h | 0.4515 | −0.159% | $56K | — | 150x | as long as short |
| Variational Omni WLD | +0.0018% | 8h | 0.4512 | −0.209% | $2.1M | $1.7M | — | as long as short |
| Nado WLD-PERP | +0.0042% | 1h | 0.4515 | −0.160% | $271K | $169K | 5x | as long as short |
| Phoenix WLD | +0.0052% | 1h | 0.4522 | −0.003% | $5K | $52K | 10x | as long as short |
| OKX WLD-USDT-SWAP | +0.0094% | 8h | 0.4513 | −0.193% | $33.7M | $137.6M | 50x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC WLD_USDT | +0.0098% | 8h | 0.4513 | −0.193% | $49.3M | $48.7M | 300x | as long as short |
| Hyperliquid WLD | +0.0100% | 1h | 0.4519 | −0.067% | $46.4M | $41.4M | 10x | as long as short |
| Aster WLDUSDT | +0.0100% | 8h | 0.4518 | −0.092% | $212K | $976K | 50x | as long as short |
| Pacifica WLD | +0.0100% | 1h | 0.4521 | −0.010% | $51K | $481K | 5x | as long as short |
| Binance WLDUSDT | +0.0100% | 8h | 0.4514 | −0.178% | $84.7M | $293.1M | 75x | as long as short |
| Bybit WLDUSDT | +0.0100% | 8h | 0.4512 | −0.215% | $64.3M | $80.5M | 50x | as long as short |
| Gate WLD_USDT | +0.0100% | 8h | 0.4514 | −0.171% | $7.3M | $34.9M | 75x | as long as short |
| Bitget WLDUSDT | +0.0100% | 8h | 0.4510 | −0.259% | $29.9M | $25.1M | 75x | as long as short |
| BingX WLD-USDT | +0.0100% | 8h | 0.4514 | −0.171% | — | $68.1M | — | as long as short |
| Backpack WLD_USDC_PERP | +0.0100% | 1h | 0.4524 | +0.057% | $128K | $270K | 10x | as long as short |
| edgeX WLDUSDC | +0.0100% | 4h | 0.4509 | −0.280% | $27K | $315K | 20x | as long as short |
| GRVT WLD_USDT_Perpshort | +0.0100% | 8h | 0.4510 | −0.254% | $605K | $1.9M | 10x | |
| ApeX Omni WLDUSDT | +0.0100% | 1h | 0.4509 | −0.282% | $54K | $227K | 50x | as long as short |
| Polymarket Perps WLD-USD | +0.0100% | 1h | 0.4518 | −0.080% | $51K | $1.7M | 10x | as long as short |
| SunX WLD-USDT | +0.0100% | 8h | 0.4518 | −0.082% | $22K | $1.5M | 50x | as long as short |
| SoDEX WLD-USD | +0.0100% | 1h | 0.4512 | −0.215% | $199 | $5K | 10x | as long as short |
| HTX WLD-USDT | +0.0100% | 8h | 0.4516 | −0.127% | $852K | $1.8M | 50x | as long as short |
| Phemex WLDUSDT | +0.0100% | 8h | 0.4513 | −0.193% | $1.8M | $3.7M | 50x | as long as short |
| Extended WLD-USD | +0.0104% | 1h | 0.4510 | −0.259% | $132K | $745K | 10x | as long as short |
| Aevo WLD-PERP | +0.0104% | 1h | 0.4513 | −0.183% | $31K | $5K | 3x | as long as short |
| Reya WLDRUSDPERP | +0.0134% | 1h | 0.4512 | −0.209% | — | — | 20x | as long as short |
| BloFin WLD-USDT | +0.0219% | 8h | 0.4518 | −0.082% | $4.8M | $808K | 75x | as long as short |
| GMX WLD/USD [ETH-USDC] | L +0.0240% / S −0.1996% | 1h | 0.4514 | −0.179% | $9K | — | 100x | as long as short |
| 01 Exchange WLDUSD | +0.0304% | 1h | 0.4522 | +0.002% | $324 | $77 | 5x | as long as short |
| Injective WLD/USDC PERP | +0.0374% | 1h | 0.4542 | +0.448% | $6K | $185K | 5.5x | as long as short |
| Coinbase International WLD-PERP-INTX | +0.0400% | 1h | 0.4521 | −0.016% | $277K | $1.6M | 50x | as long as short |
| Lighter WLD | +0.0936% | 1h | 0.4522 | −0.003% | $5.1M | $2.1M | 10x | as long as short |
| Kraken Futures PF_WLDUSD | +0.1105% | 1h | 0.4515 | −0.154% | $918K | $2.6M | 50x | as long as short |
GRVT WLD_USDT_Perp
Kalshi KXWLDPERP
KuCoin WLDUSDTM
Deribit WLD_USDC-PERPETUAL
gTrade (Gains Network) WLD/USD
Variational Omni WLD
Phoenix WLD
OKX WLD-USDT-SWAP
MEXC WLD_USDT
Hyperliquid WLD
Aster WLDUSDT
Pacifica WLD
Binance WLDUSDT
Bybit WLDUSDT
Gate WLD_USDT
Bitget WLDUSDT
BingX WLD-USDT
Backpack WLD_USDC_PERP
edgeX WLDUSDC
ApeX Omni WLDUSDT
Polymarket Perps WLD-USD
SunX WLD-USDT
SoDEX WLD-USD
HTX WLD-USDT
Phemex WLDUSDT
Extended WLD-USD
BloFin WLD-USDT
GMX WLD/USD [ETH-USDC]
01 Exchange WLDUSD
Injective WLD/USDC PERP
Coinbase International WLD-PERP-INTX
Lighter WLD
Kraken Futures PF_WLDUSD