Funding you earn now, next payment 04:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.023%
Price spread now: BloFin against GRVT+0.160%7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$860.861% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.343%+$34 · spread now +0.160%, 7d avg +0.022%
=Together, before fees+0.429%+ Points / potential airdropGRVT: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.138% dearer against GRVT than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.086% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT WLFI_USDT_Perp | 0.05737 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $280K | $1.8M | 10x |
| Short | BloFin WLFI-USDT | 0.05746 | 0.0340 | get 0.0170% / 4h | 1h 36m | $4.8M | $81K | 75x |
GRVT WLFI_USDT_Perp
BloFin WLFI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $50.4
- Price spread: +0.160% → +0.022%
- $13.82
- Slippage, 4 orders
- −$65.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.91
- Costs to cover
- 0.861%
- Break-even
- 10.0 days
Slippage from GRVT: live order book, 2 min ago; BloFin: live order book, 7 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, 2 min ago | 8.70 bp | 15.9 bp −$16 | 121.1 bp −$1,211 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.87 bp | 23.3 bp −$23 | 41.4 bp −$414 | doesn't fit | doesn't fit |
WLFI 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International WLFI-PERP-INTX | −0.0200% | 1h | 0.05737 | +0.003% | $32K | $15K | 50x | as long as short |
| Kraken Futures PF_WLFIUSD | −0.0154% | 1h | 0.05742 | +0.097% | $99K | $88K | 20x | as long as short |
| Lighter WLFI | −0.0064% | 1h | 0.05731 | −0.102% | $1.0M | $428K | 5x | as long as short |
| Aster WLFIUSDT | −0.0004% | 4h | 0.05744 | +0.123% | $1.6M | $584K | 20x | as long as short |
| dYdX WLFI-USD | 0.0000% | 1h | 0.05739 | +0.035% | $11K | $970 | 5x | as long as short |
| Reya WLFIRUSDPERP | 0.0000% | 1h | 0.06046 | +5.382% | — | — | — | as long as short |
| Deribit WLFI_USDC-PERPETUAL | 0.0000% | 1h | 0.05742 | +0.090% | $521 | $11K | 10x | as long as short |
| gTrade (Gains Network) WLFI/USD | L +0.0005% / S −0.0005% | 1h | 0.05740 | +0.055% | $314 | — | 150x | as long as short |
| Injective WLFI/USDC PERP | +0.0033% | 1h | 0.05716 | −0.363% | $6K | $77K | 5.5x | as long as short |
| Paradex WLFI-USD-PERP | +0.0077% | 8h | 0.05736 | −0.021% | $2K | $118 | 5x | as long as short |
Coinbase International WLFI-PERP-INTX
Kraken Futures PF_WLFIUSD
Lighter WLFI
Aster WLFIUSDT
dYdX WLFI-USD
Reya WLFIRUSDPERP
Deribit WLFI_USDC-PERPETUAL
gTrade (Gains Network) WLFI/USD
Injective WLFI/USDC PERP
Paradex WLFI-USD-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange WLFIUSD | +0.0096% | 1h | 0.05741 | +0.073% | $4K | $319 | 3x | as long as short |
| Nado WLFI-PERP | +0.0100% | 1h | 0.05737 | +0.003% | $82K | $24K | 5x | as long as short |
| Hyperliquid WLFI | +0.0100% | 1h | 0.05733 | −0.058% | $10.5M | $1.3M | 5x | as long as short |
| Pacifica WLFI | +0.0100% | 1h | 0.05736 | −0.013% | $246K | $13K | 5x | as long as short |
| Binance WLFIUSDT | +0.0100% | 4h | 0.05739 | +0.031% | $138.1M | $40.5M | 75x | as long as short |
| Bybit WLFIUSDT | +0.0100% | 4h | 0.05731 | −0.102% | $21.0M | $18.4M | 75x | as long as short |
| OKX WLFI-USDT-SWAP | +0.0100% | 4h | 0.05733 | −0.067% | $7.6M | $12.8M | 50x | as long as short |
| Arcus WLFI-USD | +0.0100% | 1h | 0.05743 | +0.108% | $1K | $753 | 5x | as long as short |
| Gate WLFI_USDT | +0.0100% | 4h | 0.05735 | −0.032% | $3.4M | $2.9M | 75x | as long as short |
| MEXC WLFI_USDT | +0.0100% | 4h | 0.05737 | +0.003% | $13.8M | $21.6M | 100x | as long as short |
| KuCoin WLFIUSDTM | +0.0100% | 4h | 0.05737 | +0.003% | $3.3M | $1.1M | 75x | as long as short |
| Bitget WLFIUSDT | +0.0100% | 4h | 0.05732 | −0.084% | $8.0M | $3.3M | 75x | as long as short |
| BingX WLFI-USDC | +0.0100% | 4h | 0.05735 | −0.032% | — | $2.3M | — | as long as short |
| Backpack WLFI_USDC_PERP | +0.0100% | 1h | 0.05740 | +0.055% | $239K | $27K | 10x | as long as short |
| Variational Omni WLFI | +0.0100% | 4h | 0.05734 | −0.043% | $448K | $41K | — | as long as short |
| GRVT WLFI_USDT_Perplong | +0.0100% | 4h | 0.05737 | long leg | $280K | $1.8M | 10x | |
| ApeX Omni WLFIUSDT | +0.0100% | 1h | 0.05730 | −0.119% | $33K | $39K | 50x | as long as short |
| SunX WLFI-USDT | +0.0100% | 4h | 0.05750 | +0.230% | $39K | $1.7M | 20x | as long as short |
| SoDEX WLFI-USD | +0.0100% | 1h | 0.05740 | +0.055% | $119 | $6K | 5x | as long as short |
| Extended WLFI-USD | +0.0104% | 1h | 0.05731 | −0.094% | $133K | $485K | 10x | as long as short |
| GMX WLFI/USD [ETH-USDC] | L +0.0252% / S −0.0496% | 1h | 0.05737 | −0.004% | $3K | — | 100x | as long as short |
| BloFin WLFI-USDTshort | +0.0340% | 4h | 0.05746 | +0.160% | $4.8M | $81K | 75x |
01 Exchange WLFIUSD
Nado WLFI-PERP
Hyperliquid WLFI
Pacifica WLFI
Binance WLFIUSDT
Bybit WLFIUSDT
OKX WLFI-USDT-SWAP
Arcus WLFI-USD
Gate WLFI_USDT
MEXC WLFI_USDT
KuCoin WLFIUSDTM
Bitget WLFIUSDT
BingX WLFI-USDC
Backpack WLFI_USDC_PERP
Variational Omni WLFI
ApeX Omni WLFIUSDT
SunX WLFI-USDT
SoDEX WLFI-USD
Extended WLFI-USD
GMX WLFI/USD [ETH-USDC]