Funding you earn now, next payment 23:00 UTC−0.0886%/8h= −97.0% APRpaid last 24h −0.080%
Price spread now: GRVT against Deribit−0.107%75s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and GRVT is 0.107% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 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 | Deribit BE_USDC-PERPETUAL | 273.30 | 0.0886 | pay 0.0111% / 1h | 33m 54s | $6K | $4K | 10x |
| Short | GRVT BE_USDT_Perp | 273.01 | 0 | get 0.0000% / 8h | 1h 33m | $7K | $194K | 10x |
Deribit BE_USDC-PERPETUAL
GRVT BE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Deribit. 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
- −$185.97
- Price spread: −0.107% → 0.000%
- −$10.73
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$212.7
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; GRVT: live order book, 48 min ago. 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 Deribit no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 48 min ago | 2.57 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
Deribit: 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.
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 | 273.38 | +0.030% | $344K | $117K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 273.27 | −0.011% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 273.32 | +0.007% | $8.5M | $37.4M | 25x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 273.05 | −0.091% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.00 | −0.110% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.16 | −0.051% | $1.7M | $2.7M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 273.01 | −0.107% | $7K | $194K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 273.34 | +0.015% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.21 | −0.033% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 272.95 | −0.128% | — | — | 10x | as long as short |
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Lighter BEShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 273.20 | −0.037% | $249K | $424K | 10x | as long as short |
| QFEX BE-USD | +0.0035% | 1h | 273.28 | −0.007% | $1.3M | $3.7M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.02 | −0.102% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.21 | −0.033% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0053% | 8h | 273.41 | +0.040% | $2.6M | $6.8M | 25x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.24 | −0.388% | $467K | $121K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 272.87 | −0.157% | $368K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 273.17 | −0.048% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 273.24 | −0.022% | $45K | $141K | 20x | as long as short |
| tradeXYZ xyz:BE | +0.0174% | 1h | 273.08 | −0.080% | $5.9M | $2.9M | 10x | as long as short |
| Deribit BE_USDC-PERPETUALlong | +0.0886% | 1h | 273.30 | long leg | $6K | $4K | 10x |
Lighter RH BE
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
OKX BE-USDT-SWAP
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT
tradeXYZ xyz:BE