Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h +0.009%
Price spread now: GRVT against Arcus+0.094%114s7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.495% of the position
Funding, last 4 days (all we have)+0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.659%+$66 · spread now +0.094%, 7d avg +0.131%
=Together, before fees+0.661%+ Points / potential airdropGRVT: Active · farm board+$66 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.037% cheaper against Arcus than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.131%). Swap the legs. The two prices were read 114 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 | Arcus BE-USD | 274.68 | 0.0040 | pay 0.0005% / 1h | 39m 35s | $115K | $109K | 10x |
| Short | GRVT BE_USDT_Perp | 274.94 | 0 | get 0.0000% / 8h | 5h 39m | $7K | $167K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Arcus. 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
- −$8.46
- Price spread: +0.094% → +0.131%
- −$3.66
- Slippage, 4 orders
- −$35.95
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$61.57
- Costs to cover
- 0.495%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 23 min ago; GRVT: live order book, 18 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 Arcus live order book, 23 min ago | 4.74 bp | 12.2 bp −$12 | 20.3 bp −$203 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 18 min ago | 2.00 bp | 18.6 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.63 | −0.018% | $346K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.96 | +0.102% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.70 | +0.007% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.70 | +0.007% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 274.94 | +0.094% | $7K | $167K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 274.92 | +0.087% | $959 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 275.05 | +0.135% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0012% | 1h | 275.00 | +0.116% | $1.3M | $2.9M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0016% | 1h | 273.08 | −0.582% | $473K | $130K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.70 | +0.007% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.86 | +0.066% | $251K | $289K | 10x | as long as short |
| Arcus BE-USDlong | +0.0040% | 1h | 274.68 | long leg | $115K | $109K | 10x | |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.97 | +0.106% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.85 | +0.062% | $5.9M | $2.8M | 10x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 274.99 | +0.114% | $46K | $262K | 10x | as long as short |
| Binance BEUSDT | +0.0073% | 8h | 275.07 | +0.142% | $8.4M | $36.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.86 | +0.066% | $371K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.94 | +0.095% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0125% | 8h | 275.01 | +0.120% | $2.6M | $6.7M | 25x | as long as short |
| BloFin BE-USDT | +0.0194% | 8h | 274.85 | +0.062% | $45K | $140K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0587% | 1h | 274.95 | +0.098% | $7K | $4K | 10x | as long as short |
GRVT BE_USDT_Perp
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Coinbase International BE-PERP-INTX
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL