Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: GRVT against Gate−0.101%96s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as 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−$290.290% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.101%, 7d avg −0.033%
=Together, before fees+0.314%+ Points / potential airdropGRVT: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.068% cheaper against Gate than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.033%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day). The two prices were read 96 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 | Gate XAUT_USDT | 4,347.2 | 0 | get 0.0000% / 8h | 4h 29m | $130.6M | $8.1M | 100x |
| Short | GRVT XAUT_USDT_Perp | 4,342.8 | 0.0100 | get 0.0050% / 4h | 29m 46s | $912 | $107K | 10x |
Gate XAUT_USDT
GRVT XAUT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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: −0.101% → −0.033%
- −$6.81
- Slippage, 4 orders
- −$4.97
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$14.78
- Costs to cover
- 0.290%
- Break-even
- 11.9 days
Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 27 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 Gate live order book, 4 min ago | 0.12 bp | 8.2 bp −$8 | 11.1 bp −$111 | 19.1 bp −$1,913 | 44.5 bp −$22.3K |
| Sell GRVT live order book, 27 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 | −0.0340% | 1h | 4,344.2 | −0.069% | $56K | $29K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0042% | 4h | 4,345.3 | −0.044% | $25.9M | $15.3M | 75x | as long as short |
| MEXC XAUT_USDT | −0.0036% | 4h | 4,345.8 | −0.032% | $355.5M | $273.7M | 1000x | as long as short |
| Bybit XAUTUSDT | −0.0033% | 4h | 4,345.8 | −0.032% | $120.0M | $28.0M | 75x | as long as short |
| Variational Omni XAUT | −0.0029% | 4h | 4,344.2 | −0.069% | $33.1M | $3.5M | — | as long as short |
| Gate XAUT_USDTlong | 0.0000% | 8h | 4,347.2 | long leg | $130.6M | $8.1M | 100x | |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | +0.060% | $8K | $149K | 30x | as long as short |
| BingX XAUT-USDT | +0.0038% | 4h | 4,345.5 | −0.040% | — | $17.8M | — | as long as short |
| Binance XAUTUSDT | +0.0039% | 4h | 4,345.3 | −0.044% | $35.1M | $45.4M | 75x | as long as short |
| Extended XAUT-USD | +0.0040% | 1h | 4,344.1 | −0.071% | $272K | $215K | 25x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
MEXC XAUT_USDT
Bybit XAUTUSDT
Variational Omni XAUT
Injective XAUT/USDC PERP
BingX XAUT-USDT
Binance XAUTUSDT
Extended XAUT-USDShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XAUT-USD | +0.0050% | 1h | 4,345.5 | −0.039% | $10.1M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,345.5 | −0.038% | $4.2M | $964K | 10x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,347.4 | +0.004% | $11.5M | $2.9M | 75x | as long as short |
| GRVT XAUT_USDT_Perpshort | +0.0100% | 4h | 4,342.8 | −0.101% | $912 | $107K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,344.7 | −0.058% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERP | +0.0100% | 1h | 4,346.3 | −0.020% | $1.8M | $297K | 10x | as long as short |
| SunX XAUT-USDT | +0.0100% | 4h | 4,350.8 | +0.084% | $3K | $3.4M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,344 | −0.074% | $1.8M | $226K | 75x | as long as short |
| BloFin XAUT-USDT | +0.0203% | 4h | 4,344.9 | −0.053% | $2.3M | $1.6M | 75x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0222% | 1h | 4,347.6 | +0.009% | $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
BloFin XAUT-USDT
Kraken Futures PF_XAUTUSD