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

BE

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against GRVT−0.475%96s7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$750.746% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.032%+$3 on $10k
Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.475%, 7d avg −0.083%
Together, before fees+0.158%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.392% cheaper against GRVT than usual: you would sell low and buy high, −$39 on $10k if it goes back to its 7-day average of −0.083%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT BE_USDT_Perp273.600get 0.0000% / 8h3h 11m$7K$162K10x
ShortGate BE_USDT272.300get 0.0000% / 8h3h 11m$1.4M$3.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$0
Price spread: −0.475% → −0.083%
−$39.19
Slippage, 4 orders
−$50.57
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.76
Costs to cover
0.746%
Break-even
never at this rate
Slippage from GRVT: live order book, 36 min ago; Gate: 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 GRVT live order book, 36 min ago3.28 bp18.6 bp −$1925.9 bp −$259doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.83 bp23.5 bp −$2345.9 bp −$45974.2 bp −$7,421doesn'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%8h271.87−0.632%$342K$120K20xas long as short
Extended BE-USD0.0000%1h272.57−0.376%$47K$262K10xas long as short
Binance BEUSDT0.0000%8h271.89−0.624%$8.4M$36.9M25xas long as short
Gate BE_USDTshort0.0000%8h272.30−0.475%$1.4M$3.4M50x
Bitget BEUSDT0.0000%8h272.21−0.508%$1.6M$2.6M20xas long as short
GRVT BE_USDT_Perplong0.0000%8h273.60long leg$7K$162K10x
SunX BE-USDT0.0000%8h272.86−0.271%$950$2.4M10xas long as short
HTX BE-USDT0.0000%8h273.36−0.088%$13K$35K20xas long as short
Bybit BEUSDT+0.0005%8h271.99−0.589%$2.0M$1.1M25xas long as short
BloFin BE-USDT+0.0006%8h273.05−0.201%$45K$143K20xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit BE_USDC-PERPETUAL+0.0007%1h272.82−0.285%$6K$4K10xas long as short
Lighter BE+0.0032%1h271.78−0.665%10xas long as short
Lighter RH BE+0.0032%1h271.92−0.614%$248K$291K10xas long as short
QFEX BE-USD+0.0036%1h272.85−0.274%$1.3M$2.6M10xas long as short
Arcus BE-USD+0.0040%1h272.81−0.289%$114K$109K10xas long as short
Vest BE-USD-PERP+0.0046%1h272.87−0.267%10xas long as short
tradeXYZ xyz:BE+0.0050%1h271.83−0.647%$5.9M$2.7M10xas long as short
Coinbase International BE-PERP-INTX+0.0064%1h272.77−0.303%$477K$137K10xas long as short
OKX BE-USDT-SWAP+0.0079%8h272.06−0.563%$2.6M$6.9M25xas long as short
KuCoin BEUSDTM+0.0100%8h271.97−0.596%$367K$20K20xas long as short
Aevo BE-PERP+0.0104%1h272.76−0.307%10xas long as short