Funding you earn now, next payment 04:00 UTC−0.0108%/8h= −11.8% APRnext payment −$0.54 per $10,000 · paid last 24h −0.050%
Price spread now: GRVT against BloFin−0.025%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.352%−$35 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.025%, 7d avg +0.002%
=Together, before fees−0.387%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XAUT-USDT | 4,345.7 | 0.0208 | pay 0.0104% / 4h | 26m 09s | $2.3M | $1.6M | 75x |
| Short | GRVT XAUT_USDT_Perp | 4,344.6 | 0.0100 | get 0.0050% / 4h | 26m 09s | $912 | $107K | 10x |
BloFin XAUT-USDT
GRVT XAUT_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
- −$22.7
- Price spread: −0.025% → +0.002%
- −$2.63
- Slippage, 4 orders
- −$2.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$49.02
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; GRVT: live order book, 31 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, 7 min ago | 0.12 bp | 6.1 bp −$6 | 6.3 bp −$63 | 10.7 bp −$1,074 | doesn't fit |
| Sell GRVT live order book, 31 min ago | 1.23 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
XAUT on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps XAUTUSD | −0.0349% | 1h | 4,346.6 | +0.021% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,348.2 | +0.058% | $25.9M | $15.3M | 75x | as long as short |
| Variational Omni XAUT | −0.0029% | 4h | 4,344.2 | −0.035% | $33.1M | $3.5M | — | as long as short |
| Bybit XAUTUSDT | −0.0028% | 4h | 4,348.3 | +0.060% | $120.2M | $28.1M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0028% | 4h | 4,347.9 | +0.051% | $369.5M | $275.5M | 1000x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,349.8 | +0.094% | $130.6M | $8.1M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.094% | $8K | $149K | 30x | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,348.8 | +0.071% | $35.2M | $45.3M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,347.7 | +0.045% | $272K | $215K | 25x | as long as short |
| BingX XAUT-USDT | +0.0040% | 4h | 4,348.4 | +0.061% | — | $17.8M | — | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Variational Omni XAUT
Bybit XAUTUSDT
MEXC XAUT_USDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
Binance XAUTUSDT
Extended XAUT-USD
BingX XAUT-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,347.7 | +0.046% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348 | +0.053% | $4.2M | $965K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,350.2 | +0.104% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perpshort | +0.0100% | 4h | 4,344.6 | −0.025% | $912 | $107K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,348.2 | +0.058% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,349.5 | +0.088% | $1.8M | $298K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,354.1 | +0.194% | $2K | $3.3M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,345.4 | −0.006% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDTlong | +0.0208% | 4h | 4,345.7 | long leg | $2.3M | $1.6M | 75x | |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,350.6 | +0.113% | $5.7M | $4.5M | 50x | as long as short |
SoDEX XAUT-USD
Nado XAUT-PERP
KuCoin XAUTUSDTM
Orderly PERP_XAUT_USDC_mythos
Derive XAUT-PERP
SunX XAUT-USDT
HTX XAUT-USDT
Kraken Futures PF_XAUTUSD