Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.015%
Price spread now: Derive against GRVT−0.044%7-day average +0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 3 days (all we have)+0.095%+$9 · spread now −0.044%, 7d avg +0.031%
=Together, before fees+0.112%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Derive is 0.075% cheaper against GRVT than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.031%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XAUT_USDT_Perp | 4,353.9 | 0.0100 | pay 0.0050% / 4h | 3h 16m | $466 | $113K | 10x |
| Short | Derive XAUT-PERP | 4,351.9 | 0.0100 | get 0.0013% / 1h | 16m 48s | $1.9M | $220K | 10x |
GRVT XAUT_USDT_Perp
Derive XAUT-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Derive against GRVT. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
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How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.044% → +0.031%
- −$7.54
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Derive: 3 bp × 2 orders
- −$6
- Net
- −$22.54
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 55 min ago; Derive: no order-book sample. Net counts fees only.
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, 55 min ago | 1.24 bp | 5.7 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Derive no order-book sample | — | — | — | — | — |
Derive: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0258% | 1h | 4,351.9 | −0.046% | $56K | $31K | 20x | as long as short |
| Bitget XAUTUSDT | −0.0054% | 4h | 4,350.5 | −0.077% | $25.9M | $15.2M | 75x | as long as short |
| Gate XAUT_USDT | 0.0000% | 8h | 4,352.4 | −0.034% | $131.0M | $8.2M | 100x | as long as short |
| Injective XAUT/USDC PERP | +0.0033% | 1h | 4,349.8 | −0.093% | $8K | $149K | 30x | as long as short |
| SoDEX XAUT-USD | +0.0050% | 1h | 4,351.7 | −0.050% | $10.2M | $2.0M | 25x | as long as short |
| Nado XAUT-PERP | +0.0100% | 1h | 4,348.8 | −0.115% | $4.2M | $1.0M | 10x | as long as short |
| Binance XAUTUSDT | +0.0100% | 4h | 4,351.5 | −0.055% | $35.4M | $46.7M | 75x | as long as short |
| Bybit XAUTUSDT | +0.0100% | 4h | 4,350.6 | −0.075% | $120.8M | $27.8M | 75x | as long as short |
| MEXC XAUT_USDT | +0.0100% | 4h | 4,350.4 | −0.079% | $337.7M | $282.8M | 1000x | as long as short |
| KuCoin XAUTUSDTM | +0.0100% | 4h | 4,352.6 | −0.028% | $11.3M | $2.9M | 75x | as long as short |
Aftermath Perps XAUTUSD
Bitget XAUTUSDT
Gate XAUT_USDT
Injective XAUT/USDC PERP
SoDEX XAUT-USD
Nado XAUT-PERP
Binance XAUTUSDT
Bybit XAUTUSDT
MEXC XAUT_USDT
KuCoin XAUTUSDTMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XAUT-USDT | +0.0100% | 4h | 4,351.1 | −0.063% | — | $17.9M | — | as long as short |
| Variational Omni XAUT | +0.0100% | 4h | 4,352.9 | −0.021% | $33.1M | $3.5M | — | as long as short |
| GRVT XAUT_USDT_Perplong | +0.0100% | 4h | 4,353.9 | long leg | $466 | $113K | 10x | |
| Orderly PERP_XAUT_USDC_mythos | +0.0100% | 4h | 4,350 | −0.089% | $267 | $17K | 10x | as long as short |
| Derive XAUT-PERPshort | +0.0100% | 1h | 4,351.9 | −0.044% | $1.9M | $220K | 10x | |
| SunX XAUT-USDT | +0.0100% | 4h | 4,356.2 | +0.053% | $3K | $3.6M | 20x | as long as short |
| HTX XAUT-USDT | +0.0100% | 4h | 4,351.9 | −0.045% | $1.8M | $231K | 75x | as long as short |
| Extended XAUT-USD | +0.0104% | 1h | 4,350.4 | −0.079% | $272K | $231K | 25x | as long as short |
| Kraken Futures PF_XAUTUSD | +0.0118% | 1h | 4,353 | −0.021% | $5.3M | $4.0M | 50x | as long as short |
| BloFin XAUT-USDT | +0.0340% | 4h | 4,350.1 | −0.086% | $2.3M | $1.6M | 75x | as long as short |
BingX XAUT-USDT
Variational Omni XAUT
Orderly PERP_XAUT_USDC_mythos
SunX XAUT-USDT
HTX XAUT-USDT
Extended XAUT-USD
Kraken Futures PF_XAUTUSD
BloFin XAUT-USDT