Funding you earn now, next payment 02:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h +0.001%
Price spread now: GRVT against Extended−0.065%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$580.584% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 4 days (all we have)+1.148%+$115 · spread now −0.065%, 7d avg +0.047%
=Together, before fees+1.165%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$116 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.112% cheaper against Extended than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended BE-USD | 274.26 | 0.0136 | pay 0.0017% / 1h | 24m 40s | $47K | $262K | 10x |
| Short | GRVT BE_USDT_Perp | 274.08 | 0 | get 0.0000% / 8h | 6h 24m | $7K | $168K | 10x |
Funding 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
- −$28.56
- Price spread: −0.065% → +0.047%
- −$11.19
- Slippage, 4 orders
- −$44.43
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$98.19
- Costs to cover
- 0.584%
- Break-even
- never at this rate
Slippage from Extended: live order book, 42 min ago; GRVT: live order book, 38 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, 42 min ago | 1.82 bp | 16.1 bp −$16 | 144.0 bp −$1,440 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 38 min ago | 3.09 bp | 12.3 bp −$12 | 18.3 bp −$183 | doesn't fit | doesn't fit |
BE on 20 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 | 274.19 | −0.026% | $345K | $119K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.50 | +0.088% | $2.0M | $1.1M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.20 | −0.022% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.24 | −0.007% | $1.7M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 274.08 | −0.065% | $7K | $168K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 274.17 | −0.033% | $932 | $2.4M | 10x | as long as short |
| Deribit BE_USDC-PERPETUAL | 0.0000% | 1h | 274.25 | −0.003% | $7K | $4K | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.28 | +0.008% | $13K | $34K | 20x | as long as short |
| QFEX BE-USD | +0.0026% | 1h | 274.29 | +0.011% | $1.3M | $3.2M | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.18 | −0.029% | — | — | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH BE | +0.0032% | 1h | 274.31 | +0.018% | $250K | $290K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.85 | −0.149% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.30 | +0.015% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.30 | +0.015% | $5.9M | $2.8M | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.26 | 0.000% | $370K | $22K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.25 | −0.003% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0112% | 1h | 273.08 | −0.430% | $473K | $131K | 10x | as long as short |
| Binance BEUSDT | +0.0135% | 8h | 274.40 | +0.051% | $8.4M | $36.2M | 25x | as long as short |
| Extended BE-USDlong | +0.0136% | 1h | 274.26 | long leg | $47K | $262K | 10x | |
| OKX BE-USDT-SWAP | +0.0197% | 8h | 274.38 | +0.044% | $2.6M | $6.8M | 25x | as long as short |
Extended BE-USD
GRVT BE_USDT_Perp
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
SunX BE-USDT
Deribit BE_USDC-PERPETUAL
HTX BE-USDT
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
KuCoin BEUSDTM
Coinbase International BE-PERP-INTX
Binance BEUSDT
OKX BE-USDT-SWAP