Funding you earn now, next payment 16:00 UTC−0.0842%/8h= −92.2% APRnext payment −$8.42 per $10,000 · paid last 24h −0.170%
Price spread now: Gate against GRVT+0.090%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5,161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5,097as in the Price arb table
costs, in and out, $10k−$5,10651.064% of the position
Funding, last 7 days−0.543%−$54 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.090%, 7d avg −0.005%
=Together, before fees−0.578%+ Points / potential airdropGRVT: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.095% dearer against GRVT than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of −0.005%): +$9 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.543% in total) that is about 29 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.543% in total (about -28.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.42 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BRKB_USDT_Perp | 504.05 | 0.0842 | pay 0.0842% / 8h | 5h 30m | $2K | $250K | 10x |
| Short | Gate BRKB_USDT | 504.50 | 0 | get 0.0000% / 8h | 5h 30m | $541K | $33K | 20x |
GRVT BRKB_USDT_Perp
Gate BRKB_USDTFunding 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
- −$176.82
- Price spread: +0.090% → −0.005%
- $9.47
- Slippage, 4 orders
- −$5,082.41
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$5,273.76
- Costs to cover
- 51.064%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 14 min ago; Gate: live order book, 13 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, 14 min ago | 2.08 bp | 4686.1 bp −$4,686 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 13 min ago | 9.90 bp | 198.6 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
BRKB on 14 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX BRKBUSDC | −0.0026% | 4h | 503.79 | −0.051% | $26K | $247K | 10x | as long as short |
| QFEX BRK.B-USD | 0.0000% | 1h | 502.77 | −0.254% | $1.1M | $2.7M | 10x | as long as short |
| Aster BRKBUSDT | 0.0000% | 8h | 504.27 | +0.044% | $298K | $30K | 20x | as long as short |
| Bybit BRKBUSDT | 0.0000% | 8h | 504.62 | +0.113% | $98K | $41K | 25x | as long as short |
| Gate BRKB_USDTshort | 0.0000% | 8h | 504.50 | +0.090% | $541K | $33K | 20x | |
| SunX BRKB-USDT | 0.0000% | 8h | 503.79 | −0.051% | $1K | $1.1M | 10x | as long as short |
| HTX BRKB-USDT | 0.0000% | 8h | 504.20 | +0.030% | $7K | $39K | 20x | as long as short |
| Phemex BRKBUSDT | 0.0000% | 8h | 503.77 | −0.055% | $1.3M | $62K | 10x | as long as short |
| Bitget BRKBUSDT | +0.0081% | 8h | 503.86 | −0.037% | $396K | $65K | 20x | as long as short |
| KuCoin BRKBUSDTM | +0.0100% | 8h | 504.23 | +0.036% | $48K | $1.5M | 20x | as long as short |
edgeX BRKBUSDC
QFEX BRK.B-USD
Aster BRKBUSDT
Bybit BRKBUSDT
SunX BRKB-USDT
HTX BRKB-USDT
Phemex BRKBUSDT
Bitget BRKBUSDT
KuCoin BRKBUSDTMShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni BRKB | +0.0198% | 8h | 503.93 | −0.023% | $426K | $21K | — | as long as short |
| OKX BRKB-USDT-SWAP | +0.0290% | 8h | 504.66 | +0.121% | $487K | $149K | 20x | as long as short |
| Binance BRKBUSDT | +0.0407% | 8h | 503.73 | −0.063% | $2.6M | $1.5M | 20x | as long as short |
| GRVT BRKB_USDT_Perplong | +0.0842% | 8h | 504.05 | long leg | $2K | $250K | 10x |
Variational Omni BRKB
OKX BRKB-USDT-SWAP
Binance BRKBUSDT