Funding you earn now, next payment 09:00 UTC−0.0953%/8h= −104.4% APRpaid last 24h +0.013%
Price spread now: GRVT against Extended+0.036%72s7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as 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−$770.766% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.637%+$64 · spread now +0.036%, 7d avg +0.061%
=Together, before fees+0.667%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$67 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and GRVT is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.061%). Swap the legs. The two prices were read 72 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 0.030% in total (about 1.6% 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 | Extended AXTI-USD | 77.631 | 0 | get 0.0000% / 1h | 48m 14s | $6K | $286K | 10x |
| Short | GRVT AXTI_USDT_Perp | 77.659 | −0.0953 | pay 0.0953% / 8h | 7h 48m | $840 | $211K | 10x |
Extended AXTI-USD
GRVT AXTI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$200.13
- Price spread: +0.036% → +0.061%
- −$2.48
- Slippage, 4 orders
- −$62.63
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$279.24
- Costs to cover
- 0.766%
- Break-even
- never at this rate
Slippage from Extended: live order book, 49 min ago; GRVT: live order book, 49 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 Extended live order book, 49 min ago | 5.11 bp | 22.6 bp −$23 | 193.3 bp −$1,933 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 49 min ago | 4.47 bp | 17.1 bp −$17 | 68.7 bp −$687 | doesn't fit | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1611% | 8h | 77.650 | +0.024% | $1.1M | $3.9M | 20x | as long as short |
| GRVT AXTI_USDT_Perpshort | −0.0953% | 8h | 77.659 | +0.036% | $840 | $211K | 10x | |
| Bybit AXTIUSDT | −0.0178% | 8h | 77.680 | +0.063% | $1.9M | $1.4M | 25x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 77.685 | +0.070% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USDlong | 0.0000% | 1h | 77.631 | long leg | $6K | $286K | 10x | |
| Binance AXTIUSDT | 0.0000% | 8h | 77.642 | +0.014% | $8.3M | $35.7M | 20x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 77.580 | −0.066% | $2.6M | $11.6M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 77.630 | −0.002% | $1.6M | $6.3M | 50x | as long as short |
| SunX AXTI-USDT | 0.0000% | 8h | 77.670 | +0.050% | $1K | $885K | 10x | as long as short |
| HTX AXTI-USDT | 0.0000% | 8h | 77.350 | −0.362% | $19K | $44K | 20x | as long as short |
Bitget AXTIUSDT
Bybit AXTIUSDT
Aster AXTIUSDT
Binance AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
SunX AXTI-USDT
HTX AXTI-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX AXTI-USD | +0.0005% | 1h | 77.640 | +0.011% | $1.1M | $1.9M | 10x | as long as short |
| Lighter AXTI | +0.0032% | 1h | 77.610 | −0.027% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 77.690 | +0.076% | $590K | $545K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 77.627 | −0.006% | — | — | 10x | as long as short |
QFEX AXTI-USD
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP