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

BE

RWAall BE markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0192%/8h= +21.0% APRnext payment +$1.92 per $10,000 · paid last 24h +0.034%
Price spread now: BloFin against GRVT−0.025%102s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.239%+$24 on $10k
Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.025%, 7d avg +0.012%
Together, before fees+0.513%+ Points / potential airdropGRVT: Active · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.037% cheaper against GRVT than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.012%). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BE_USDT_Perp275.450get 0.0000% / 8h4h 43m$6K$163K10x
ShortBloFin BE-USDT275.380.0192get 0.0192% / 8h4h 43m$45K$141K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against GRVT. 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
$40.24
Price spread: −0.025% → +0.012%
−$3.7
Slippage, 4 orders
−$29.89
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$14.35
Costs to cover
0.509%
Break-even
9.5 days
Slippage from GRVT: live order book, 9 min ago; BloFin: live order book, 53 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 GRVT live order book, 9 min ago2.18 bp19.7 bp −$20doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 53 min ago0.91 bp10.3 bp −$1026.3 bp −$263doesn'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%8h275.55+0.035%$347K$119K20xas long as short
Gate BE_USDT0.0000%8h275.30−0.054%$1.5M$3.3M50xas long as short
Bitget BEUSDT0.0000%8h275.67+0.080%$1.7M$2.5M20xas long as short
GRVT BE_USDT_Perplong0.0000%8h275.45long leg$6K$163K10x
SunX BE-USDT0.0000%8h275.36−0.032%$1K$2.4M10xas long as short
HTX BE-USDT0.0000%8h275.47+0.008%$13K$34K20xas long as short
Lighter BE+0.0032%1h275.57+0.044%10xas long as short
Lighter RH BE+0.0032%1h275.72+0.098%$252K$289K10xas long as short
Coinbase International BE-PERP-INTX+0.0040%1h273.08−0.860%$473K$129K10xas long as short
Arcus BE-USD+0.0040%1h275.31−0.050%$115K$109K10xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest BE-USD-PERP+0.0046%1h275.55+0.037%10xas long as short
tradeXYZ xyz:BE+0.0050%1h275.57+0.044%$5.9M$2.6M10xas long as short
QFEX BE-USD+0.0052%1h275.69+0.088%$1.3M$2.7M10xas long as short
Binance BEUSDT+0.0071%8h275.84+0.142%$8.5M$36.3M25xas long as short
Extended BE-USD+0.0072%1h275.82+0.134%$46K$256K10xas long as short
Bybit BEUSDT+0.0077%8h275.77+0.117%$2.0M$1.2M25xas long as short
KuCoin BEUSDTM+0.0100%8h275.71+0.095%$372K$20K20xas long as short
Aevo BE-PERP+0.0104%1h275.48+0.012%10xas long as short
OKX BE-USDT-SWAP+0.0124%8h275.76+0.113%$2.7M$6.8M25xas long as short
BloFin BE-USDTshort+0.0192%8h275.38−0.025%$45K$141K20x
Deribit BE_USDC-PERPETUAL+0.0549%1h275.50+0.019%$7K$4K10xas long as short