Funding you earn now, next payment 08:00 UTC−0.0684%/8h= −74.9% APRnext payment −$6.84 per $10,000 · paid last 24h −0.006%
Price spread now: Bitget against GRVT−0.104%73s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$430.432% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)+0.086%+$9 · spread now −0.104%, 7d avg −0.010%
=Together, before fees+0.115%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Bitget is 0.095% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.028% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.84 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 AMD_USDT_Perp | 622.73 | 0.1348 | pay 0.1348% / 8h | 6h 54m | $18K | $131K | 10x |
| Short | Bitget AMDUSDT | 622.08 | 0.0664 | get 0.0664% / 8h | 6h 54m | $10.3M | $17.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$143.64
- Price spread: −0.104% → −0.010%
- −$9.46
- Slippage, 4 orders
- −$22.18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$196.28
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 13 min ago; Bitget: live order book, 4 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, 13 min ago | 0.24 bp | 8.0 bp −$8 | 10941.9 bp −$109.4K | 199354.2 bp −$19.94M | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.68 bp | 13.2 bp −$13 | 20.5 bp −$205 | 50.7 bp −$5,069 | doesn't fit |
AMD on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX AMDUSDC | −0.0740% | 4h | 622.71 | −0.003% | $81K | $1.6M | 10x | as long as short |
| SunX AMD-USDT | 0.0000% | 8h | 621.80 | −0.149% | $1K | $8.5M | 10x | as long as short |
| Deribit AMD_USDC-PERPETUAL | 0.0000% | 1h | 621.48 | −0.201% | $77K | $151K | 10x | as long as short |
| Phemex AMDUSDT | 0.0000% | 8h | 621.90 | −0.133% | $1.8M | $460K | 10x | as long as short |
| Lighter RH AMD | +0.0032% | 1h | 621.40 | −0.214% | $838K | $4.3M | 10x | as long as short |
| Injective AMD/USDC PERP | +0.0033% | 1h | 611.72 | −1.768% | $5K | $55K | 12x | as long as short |
| Arcus AMD-USD | +0.0040% | 1h | 622.49 | −0.039% | $144K | $265K | 10x | as long as short |
| Lighter AMD | +0.0048% | 1h | 621.46 | −0.204% | $539K | $2.4M | 10x | as long as short |
| Polymarket Perps AMD-USD | +0.0050% | 1h | 621.41 | −0.212% | $396K | $1.5M | 10x | as long as short |
| SoDEX AMD-USD | +0.0050% | 1h | 621.76 | −0.156% | $26K | $24K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps AMD-USD.P | +0.0050% | 1h | 621.07 | −0.267% | $1.5M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:AMD | +0.0056% | 1h | 621.38 | −0.217% | $25.1M | $93.3M | 10x | as long as short |
| Vest AMD-USD-PERP | +0.0062% | 1h | 623.09 | +0.058% | — | $924K | 25x | as long as short |
| QFEX AMD-USD | +0.0080% | 1h | 621.79 | −0.151% | $2.2M | $12.7M | 10x | as long as short |
| KuCoin AMDUSDTM | +0.0100% | 8h | 621.70 | −0.165% | $1.9M | $299K | 20x | as long as short |
| ApeX Omni AMDUSDT | +0.0100% | 1h | 622.08 | −0.104% | $80K | $258K | 50x | as long as short |
| Orderly PERP_AMD_USDC_mythos | +0.0100% | 8h | 621.87 | −0.138% | $372 | $6K | 10x | as long as short |
| Gate AMD_USDT | +0.0117% | 8h | 621.78 | −0.153% | $4.5M | $13.1M | 50x | as long as short |
| Coinbase International AMD-PERP-INTX | +0.0120% | 1h | 623.02 | +0.047% | $300K | $1.8M | 10x | as long as short |
| Phoenix AMD | +0.0219% | 1h | 623.14 | +0.066% | $2K | $90K | 10x | as long as short |
| Nado AMD-PERP | +0.0226% | 1h | 621.35 | −0.222% | $281K | $194K | 10x | as long as short |
| Aevo AMD-PERP | +0.0280% | 1h | 622.20 | −0.085% | $11K | — | 10x | as long as short |
| OKX AMD-USDT-SWAP | +0.0282% | 8h | 621.53 | −0.193% | $6.9M | $28.1M | 25x | as long as short |
| HTX AMD-USDT | +0.0331% | 8h | 621.51 | −0.196% | $132K | $580K | 20x | as long as short |
| Aster AMDUSDT | +0.0424% | 8h | 621.87 | −0.138% | $72K | $416K | 50x | as long as short |
| Bitget AMDUSDTshort | +0.0664% | 8h | 622.08 | −0.104% | $10.3M | $17.3M | 20x | |
| Variational Omni AMD | +0.0743% | 8h | 622.28 | −0.072% | $2.6M | $3.2M | — | as long as short |
| Extended AMD_24_5-USD | +0.0784% | 1h | 621.90 | −0.134% | $463K | $1.9M | 10x | as long as short |
| Binance AMDUSDT | +0.0785% | 8h | 621.87 | −0.138% | $75.6M | $190.4M | 25x | as long as short |
| BloFin AMD-USDT | +0.0804% | 8h | 621.81 | −0.148% | $6K | $550K | 20x | as long as short |
| GRVT AMD_USDT_Perplong | +0.1348% | 8h | 622.73 | long leg | $18K | $131K | 10x |
GRVT AMD_USDT_Perp
Bitget AMDUSDT
edgeX AMDUSDC
SunX AMD-USDT
Deribit AMD_USDC-PERPETUAL
Phemex AMDUSDT
Lighter RH AMD
Injective AMD/USDC PERP
Lighter AMD
Polymarket Perps AMD-USD
SoDEX AMD-USD
tradeXYZ xyz:AMD
KuCoin AMDUSDTM
ApeX Omni AMDUSDT
Gate AMD_USDT
Coinbase International AMD-PERP-INTX
Phoenix AMD
OKX AMD-USDT-SWAP
HTX AMD-USDT
Aster AMDUSDT
Variational Omni AMD
Extended AMD_24_5-USD
Binance AMDUSDT
BloFin AMD-USDT