Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Bitget−0.057%83s7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as 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−$280.283% of the position
Funding, last 7 days+0.010%+$1 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.057%, 7d avg −0.005%
=Together, before fees+0.041%+ Points / potential airdropGRVT: Active · farm board+$4 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: GRVT is 0.052% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 83 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 | Bitget BZUSDT | 97.830 | 0 | get 0.0000% / 4h | 1h 36m | $28.0M | $17.3M | 100x |
| Short | GRVT BZ_USDT_Perp | 97.774 | 0 | get 0.0000% / 4h | 1h 36m | $24K | $305K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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: −0.057% → −0.005%
- −$5.19
- Slippage, 4 orders
- −$7.3
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$33.49
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 6 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 Bitget live order book, 3 min ago | 0.51 bp | 7.3 bp −$7 | 8.8 bp −$88 | 13.3 bp −$1,327 | 38.8 bp −$19.4K |
| Sell GRVT live order book, 6 min ago | 0.51 bp | 5.9 bp −$6 | 10.5 bp −$105 | doesn't fit | doesn't fit |
BZ on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective BRENT/USDC PERP | −0.0220% | 1h | 97.018 | −0.830% | $8K | $7K | 30x | as long as short |
| Coinbase International BRENTOIL-PERP-INTX | −0.0088% | 1h | 97.810 | −0.020% | $236K | $418K | 15x | as long as short |
| Aster BZUSDT | 0.0000% | 4h | 97.831 | +0.001% | $340K | $930K | 50x | as long as short |
| Binance BZUSDT | 0.0000% | 4h | 97.820 | −0.010% | $147.8M | $350.7M | 100x | as long as short |
| Bybit BZUSDT | 0.0000% | 8h | 97.800 | −0.031% | $10.1M | $12.9M | 100x | as long as short |
| OKX BZ-USDT-SWAP | 0.0000% | 4h | 97.810 | −0.020% | $16.1M | $19.8M | 50x | as long as short |
| RISEx BZ/USDC | 0.0000% | 1h | 97.793 | −0.038% | $2.4M | $1.7M | 20x | as long as short |
| Gate BZ_USDT | 0.0000% | 8h | 97.770 | −0.061% | $9.3M | $10.9M | 100x | as long as short |
| Bitget BZUSDTlong | 0.0000% | 4h | 97.830 | long leg | $28.0M | $17.3M | 100x | |
| Variational Omni BZ | 0.0000% | 4h | 97.768 | −0.063% | $9.4M | $6.8M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT BZ_USDT_Perpshort | 0.0000% | 4h | 97.774 | −0.057% | $24K | $305K | 25x | |
| SunX BRENTOIL-USDT | 0.0000% | 4h | 97.840 | +0.010% | $4K | $2.4M | 20x | as long as short |
| Deribit BRENTOIL_USDC-PERPETUAL | 0.0000% | 1h | 97.820 | −0.010% | $100K | $251K | 15x | as long as short |
| HTX BRENTOIL-USDT | 0.0000% | 4h | 97.780 | −0.051% | $281K | $253K | 75x | as long as short |
| Phemex XBRUSDT | 0.0000% | 4h | 98.030 | +0.204% | $1.2M | $87K | 100x | as long as short |
| edgeX BZUSDC | +0.0008% | 4h | 97.853 | +0.024% | $225K | $228K | 20x | as long as short |
| Vest BZ-PERP | +0.0011% | 1h | 101.96 | +4.222% | — | $735K | 10x | as long as short |
| gTrade (Gains Network) BRENT/USD | L +0.0011% / S −0.0011% | 1h | 98.377 | +0.559% | — | — | — | as long as short |
| Lighter BRENTOIL | +0.0032% | 1h | 97.820 | −0.010% | $3.3M | $4.0M | 20x | as long as short |
| Extended XBR-USD | +0.0032% | 1h | 97.827 | −0.003% | $682K | $3.4M | 10x | as long as short |
| BloFin BZ-USDT | +0.0041% | 4h | 97.820 | −0.010% | $1.5M | $97K | 50x | as long as short |
| Paradex BZ-USD-PERP | +0.0050% | 8h | 97.815 | −0.015% | $3K | $336 | 5x | as long as short |
| tradeXYZ xyz:BRENTOIL | +0.0050% | 1h | 97.834 | +0.004% | $155.2M | $115.9M | 20x | as long as short |
| Polymarket Perps BRENTOIL-USD | +0.0050% | 1h | 97.859 | +0.030% | $1.6M | $463K | 20x | as long as short |
| Ondo Perps BRENT-USD.P | +0.0050% | 1h | 97.830 | 0.000% | $3.1M | $995K | 15x | as long as short |
| Hotstuff BRENTOIL-PERP | +0.0080% | 1h | 97.880 | +0.051% | $34K | — | 20x | as long as short |
| Aftermath Perps BRENTUSD | +0.0080% | 1h | 97.846 | +0.016% | $7K | $41K | 5x | as long as short |
| KuCoin BZUSDTM | +0.0100% | 4h | 97.840 | +0.010% | $3.8M | $812K | 50x | as long as short |
| ApeX Omni BZUSDT | +0.0100% | 1h | 97.810 | −0.020% | $26K | $273K | 50x | as long as short |
| Kraken Futures PF_BRENTOILUSD | +0.0157% | 1h | 97.835 | +0.005% | $82K | $206K | 20x | as long as short |
| GMX BRENTOIL/USD [ETH-USDC] | L +0.0329% / S −0.2771% | 1h | 97.825 | −0.005% | $116K | — | 111x | as long as short |
Bitget BZUSDT
GRVT BZ_USDT_Perp
Injective BRENT/USDC PERP
Coinbase International BRENTOIL-PERP-INTX
Aster BZUSDT
Binance BZUSDT
Bybit BZUSDT
OKX BZ-USDT-SWAP
RISEx BZ/USDC
Gate BZ_USDT
Variational Omni BZ
SunX BRENTOIL-USDT
Deribit BRENTOIL_USDC-PERPETUAL
HTX BRENTOIL-USDT
Phemex XBRUSDT
edgeX BZUSDC
gTrade (Gains Network) BRENT/USD
Lighter BRENTOIL
Extended XBR-USD
BloFin BZ-USDT
Paradex BZ-USD-PERP
tradeXYZ xyz:BRENTOIL
Polymarket Perps BRENTOIL-USD
Aftermath Perps BRENTUSD
KuCoin BZUSDTM
ApeX Omni BZUSDT
Kraken Futures PF_BRENTOILUSD
GMX BRENTOIL/USD [ETH-USDC]