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 − costs—prices read too far apart to compare
costs, in and out, $10k−$750.746% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BE_USDT_Perp | 273.60 | 0 | get 0.0000% / 8h | 3h 11m | $7K | $162K | 10x |
| Short | Gate BE_USDT | 272.30 | 0 | get 0.0000% / 8h | 3h 11m | $1.4M | $3.4M | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GRVT live order book, 36 min ago | 3.28 bp | 18.6 bp −$19 | 25.9 bp −$259 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.83 bp | 23.5 bp −$23 | 45.9 bp −$459 | 74.2 bp −$7,421 | 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 | 271.87 | −0.632% | $342K | $120K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 272.57 | −0.376% | $47K | $262K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 271.89 | −0.624% | $8.4M | $36.9M | 25x | as long as short |
| Gate BE_USDTshort | 0.0000% | 8h | 272.30 | −0.475% | $1.4M | $3.4M | 50x | |
| Bitget BEUSDT | 0.0000% | 8h | 272.21 | −0.508% | $1.6M | $2.6M | 20x | as long as short |
| GRVT BE_USDT_Perplong | 0.0000% | 8h | 273.60 | long leg | $7K | $162K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 272.86 | −0.271% | $950 | $2.4M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 273.36 | −0.088% | $13K | $35K | 20x | as long as short |
| Bybit BEUSDT | +0.0005% | 8h | 271.99 | −0.589% | $2.0M | $1.1M | 25x | as long as short |
| BloFin BE-USDT | +0.0006% | 8h | 273.05 | −0.201% | $45K | $143K | 20x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit BE_USDC-PERPETUAL | +0.0007% | 1h | 272.82 | −0.285% | $6K | $4K | 10x | as long as short |
| Lighter BE | +0.0032% | 1h | 271.78 | −0.665% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 271.92 | −0.614% | $248K | $291K | 10x | as long as short |
| QFEX BE-USD | +0.0036% | 1h | 272.85 | −0.274% | $1.3M | $2.6M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 272.81 | −0.289% | $114K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 272.87 | −0.267% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0050% | 1h | 271.83 | −0.647% | $5.9M | $2.7M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0064% | 1h | 272.77 | −0.303% | $477K | $137K | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0079% | 8h | 272.06 | −0.563% | $2.6M | $6.9M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 271.97 | −0.596% | $367K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 272.76 | −0.307% | — | — | 10x | as long as short |
GRVT BE_USDT_Perp
Gate BE_USDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
Bitget BEUSDT
SunX BE-USDT
HTX BE-USDT
Bybit BEUSDT
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL
Lighter BE
Lighter RH BE
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
OKX BE-USDT-SWAP
KuCoin BEUSDTM