Settings8H · net · $10k
Funding arb · Price arb /

BE

RWAall BE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0105%/8h= +11.5% APRnext payment +$1.05 per $10,000 · paid last 24h +0.030%
Price spread now: GRVT against Bitget+0.011%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$580.580% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 3 days (all we have)+0.298%+$30 · spread now +0.011%, 7d avg +0.052%
Together, before fees+0.306%+ Points / potential airdropGRVT: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.042% cheaper against Bitget than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.052%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.009% in total) that is about 34 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BEUSDT274.270get 0.0000% / 8h6m 52s$1.7M$2.6M20x
ShortGRVT BE_USDT_Perp274.300.0105get 0.0105% / 8h6m 52s$6K$182K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$22.05
Price spread: +0.011% → +0.052%
−$4.15
Slippage, 4 orders
−$36.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$40.09
Costs to cover
0.580%
Break-even
19.7 days
Slippage from Bitget: live order book, 6 min ago; GRVT: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 6 min ago2.01 bp17.7 bp −$1829.9 bp −$299doesn't fitdoesn't fit
Sell GRVT live order book, 1 min ago2.19 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit

BE on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEUSDT0.0000%8h274.54+0.098%$345K$119K20xas long as short
Bybit BEUSDT0.0000%8h274.26−0.004%$2.0M$1.2M25xas long as short
Gate BE_USDT0.0000%8h274.00−0.098%$1.5M$3.7M50xas long as short
Bitget BEUSDTlong0.0000%8h274.27long leg$1.7M$2.6M20x
SunX BE-USDT0.0000%8h274.33+0.022%$933$2.5M10xas long as short
HTX BE-USDT0.0000%8h274.38+0.040%$13K$33K20xas long as short
Lighter BE+0.0032%1h274.06−0.077%10xas long as short
Lighter RH BE+0.0032%1h274.20−0.026%$250K$380K10xas long as short
Arcus BE-USD+0.0040%1h274.08−0.069%$114K$120K10xas long as short
Vest BE-USD-PERP+0.0046%1h274.29+0.007%10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:BE+0.0050%1h274.17−0.036%$5.9M$2.9M10xas long as short
QFEX BE-USD+0.0073%1h274.23−0.015%$1.3M$3.8M10xas long as short
Extended BE-USD+0.0080%1h274.30+0.012%$46K$270K10xas long as short
Binance BEUSDT+0.0082%8h274.34+0.026%$8.5M$36.8M25xas long as short
Coinbase International BE-PERP-INTX+0.0088%1h274.13−0.051%$469K$117K10xas long as short
KuCoin BEUSDTM+0.0100%8h274.03−0.088%$370K$23K20xas long as short
Aevo BE-PERP+0.0104%1h274.14−0.046%10xas long as short
GRVT BE_USDT_Perpshort+0.0105%8h274.30+0.011%$6K$182K10x
BloFin BE-USDT+0.0202%8h274.26−0.004%$45K$141K20xas long as short
OKX BE-USDT-SWAP+0.0248%8h274.33+0.022%$2.6M$6.9M25xas long as short
Deribit BE_USDC-PERPETUAL+0.0480%1h274.29+0.007%$7K$4K10xas long as short