Funding you earn now, next payment 00:00 UTC−0.0138%/8h= −15.1% APRnext payment −$1.38 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against GRVT−0.055%113s7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$610.606% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 3 days (all we have)−0.253%−$25 · spread now −0.055%, 7d avg −0.052%
=Together, before fees−0.262%+ Points / potential airdropGRVT: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 113 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 | GRVT BE_USDT_Perp | 274.41 | 0.0138 | pay 0.0138% / 8h | 27m 46s | $6K | $182K | 10x |
| Short | Bitget BEUSDT | 274.26 | 0 | get 0.0000% / 8h | 27m 46s | $1.7M | $2.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against GRVT. 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
- −$28.98
- Price spread: −0.055% → −0.052%
- −$0.27
- Slippage, 4 orders
- −$39.62
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$89.87
- Costs to cover
- 0.606%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 49 min ago; Bitget: live order book, 5 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 GRVT live order book, 49 min ago | 1.46 bp | 13.1 bp −$13 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.37 bp | 16.9 bp −$17 | 38.0 bp −$380 | 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 | 274.65 | +0.087% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.29 | −0.044% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.20 | −0.077% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDTshort | 0.0000% | 8h | 274.26 | −0.055% | $1.7M | $2.7M | 20x | |
| SunX BE-USDT | 0.0000% | 8h | 274.36 | −0.018% | $1K | $2.6M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 274.46 | +0.018% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.06 | −0.128% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.22 | −0.069% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.11 | −0.110% | $114K | $122K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 274.38 | −0.011% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:BE | +0.0050% | 1h | 274.09 | −0.117% | $5.9M | $2.9M | 10x | as long as short |
| QFEX BE-USD | +0.0073% | 1h | 274.25 | −0.058% | $1.3M | $3.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | −0.102% | $469K | $123K | 10x | as long as short |
| Extended BE-USD | +0.0096% | 1h | 274.28 | −0.048% | $46K | $270K | 10x | as long as short |
| Binance BEUSDT | +0.0097% | 8h | 274.25 | −0.058% | $8.5M | $36.9M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.16 | −0.091% | $370K | $23K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 274.25 | −0.057% | — | — | 10x | as long as short |
| GRVT BE_USDT_Perplong | +0.0138% | 8h | 274.41 | long leg | $6K | $182K | 10x | |
| BloFin BE-USDT | +0.0218% | 8h | 274.34 | −0.026% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0250% | 8h | 274.38 | −0.011% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0480% | 1h | 274.30 | −0.040% | $7K | $4K | 10x | as long as short |
GRVT BE_USDT_Perp
Bitget BEUSDT
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
SunX BE-USDT
HTX BE-USDT
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL