Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h —
Price spread now: GRVT against Lighter+0.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.074% dearer against Lighter than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter BE | 270.70 | 0.0032 | pay 0.0004% / 1h | 33m 27s | — | — | 10x |
| Short | GRVT BE_USDT_Perp | 270.90 | 0 | get 0.0000% / 8h | 1h 33m | $7K | $156K | 10x |
Lighter BE
GRVT BE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Lighter. 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
- −$6.72
- Price spread: +0.074% → 0.000%
- $7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$8.33
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; GRVT: live order book, 3 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 3 min ago | 3.32 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate BE_USDT | −0.0167% | 8h | 270.70 | 0.000% | $1.4M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | −0.0145% | 8h | 270.86 | +0.059% | $1.6M | $2.6M | 20x | as long as short |
| Aster BEUSDT | 0.0000% | 8h | 270.85 | +0.056% | $341K | $123K | 20x | as long as short |
| Extended BE-USD | 0.0000% | 1h | 270.87 | +0.064% | $46K | $255K | 10x | as long as short |
| Binance BEUSDT | 0.0000% | 8h | 270.94 | +0.089% | $8.2M | $37.2M | 25x | as long as short |
| OKX BE-USDT-SWAP | 0.0000% | 8h | 270.80 | +0.037% | $2.6M | $6.9M | 25x | as long as short |
| GRVT BE_USDT_Perpshort | 0.0000% | 8h | 270.90 | +0.074% | $7K | $156K | 10x | |
| SunX BE-USDT | 0.0000% | 8h | 270.48 | −0.081% | $1K | $2.3M | 10x | as long as short |
| HTX BE-USDT | 0.0000% | 8h | 270.79 | +0.033% | $12K | $35K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0009% | 1h | 270.53 | −0.063% | $6K | $4K | 10x | as long as short |
Gate BE_USDT
Bitget BEUSDT
Aster BEUSDT
Extended BE-USD
Binance BEUSDT
OKX BE-USDT-SWAP
SunX BE-USDT
HTX BE-USDT
Deribit BE_USDC-PERPETUALShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BElong | +0.0032% | 1h | 270.70 | long leg | — | — | 10x | |
| Lighter RH BE | +0.0032% | 1h | 270.77 | +0.026% | $241K | $297K | 10x | as long as short |
| Bybit BEUSDT | +0.0040% | 8h | 270.86 | +0.059% | $2.0M | $1.1M | 25x | as long as short |
| QFEX BE-USD | +0.0040% | 1h | 270.85 | +0.055% | $1.3M | $2.4M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 270.50 | −0.074% | $113K | $109K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 270.68 | −0.007% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0052% | 1h | 270.86 | +0.059% | $5.9M | $2.8M | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0056% | 1h | 270.59 | −0.041% | $473K | $130K | 10x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 270.87 | +0.063% | $366K | $18K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 270.55 | −0.056% | — | — | 10x | as long as short |
| BloFin BE-USDT | +0.0120% | 8h | 270.65 | −0.018% | $45K | $146K | 20x | as long as short |
Lighter RH BE
Bybit BEUSDT
QFEX BE-USD
Arcus BE-USD
Vest BE-USD-PERP
tradeXYZ xyz:BE
Coinbase International BE-PERP-INTX
KuCoin BEUSDTM
Aevo BE-PERP
BloFin BE-USDT