Funding you earn now, next payment 01:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.020%
Price spread now: GRVT against Phoenix−0.043%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GRVT is 0.043% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. 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 | Phoenix AMAT | 471.13 | 0.0220 | pay 0.0028% / 1h | 22m 20s | $19K | $110K | 10x |
| Short | GRVT AMAT_USDT_Perp | 470.93 | 0 | get 0.0000% / 8h | 6h 22m | $358 | $99K | 10x |
Phoenix AMAT
GRVT AMAT_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phoenix. 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
- −$46.29
- Price spread: −0.043% → 0.000%
- −$4.25
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$66.54
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 38 min ago; GRVT: 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 Phoenix live order book, 38 min ago | 3.81 bp | 12.2 bp −$12 | 25.8 bp −$258 | doesn't fit | doesn't fit |
| Sell GRVT no order-book sample | — | — | — | — | — |
GRVT: 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.
AMAT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster AMATUSDT | 0.0000% | 8h | 470.52 | −0.129% | $10K | $11K | 20x | as long as short |
| Bybit AMATUSDT | 0.0000% | 8h | 470.52 | −0.129% | $901K | $653K | 25x | as long as short |
| OKX AMAT-USDT-SWAP | 0.0000% | 8h | 470.74 | −0.083% | $1.4M | $1.6M | 20x | as long as short |
| Bitget AMATUSDT | 0.0000% | 8h | 470.82 | −0.066% | $2.1M | $1.7M | 20x | as long as short |
| GRVT AMAT_USDT_Perpshort | 0.0000% | 8h | 470.93 | −0.043% | $358 | $99K | 10x | |
| Vest AMAT-USD-PERP | +0.0046% | 1h | 470.28 | −0.180% | — | — | 10x | as long as short |
| tradeXYZ xyz:AMAT | +0.0050% | 1h | 470.58 | −0.117% | $2.6M | $2.3M | 10x | as long as short |
| KuCoin AMATUSDTM | +0.0100% | 8h | 470.07 | −0.225% | $409K | $470K | 20x | as long as short |
| SunX AMAT-USDT | +0.0100% | 8h | 471.28 | +0.032% | $1K | $374K | 10x | as long as short |
| HTX AMAT-USDT | +0.0100% | 8h | 472.17 | +0.221% | $172K | $39K | 20x | as long as short |
Aster AMATUSDT
Bybit AMATUSDT
OKX AMAT-USDT-SWAP
Bitget AMATUSDT
Vest AMAT-USD-PERP
tradeXYZ xyz:AMAT
KuCoin AMATUSDTM
SunX AMAT-USDT
HTX AMAT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix AMATlong | +0.0220% | 1h | 471.13 | long leg | $19K | $110K | 10x | |
| Variational Omni AMAT | +0.0245% | 8h | 471.00 | −0.028% | $66K | $44K | — | as long as short |
| Extended AMAT-USD | +0.0296% | 1h | 470.51 | −0.131% | $5K | $27K | 10x | as long as short |
| Binance AMATUSDT | +0.0298% | 8h | 470.59 | −0.115% | $8.9M | $12.6M | 20x | as long as short |
| Gate AMAT_USDT | +0.0353% | 8h | 470.50 | −0.134% | $1.7M | $6.4M | 50x | as long as short |
Variational Omni AMAT
Extended AMAT-USD
Binance AMATUSDT
Gate AMAT_USDT