Funding you earn now, next payment 08:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.80 per $10,000 · paid last 24h +0.025%
Price spread now: GRVT against Gate−0.114%66s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as 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−$850.846% of the position
Funding, last 7 days+0.103%+$10 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.114%, 7d avg +0.001%
=Together, before fees+0.003%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.115% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.001%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.103%, so the current rate has only just turned against you. The two prices were read 66 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 | Gate CBRS_USDT | 209.30 | 0.0080 | pay 0.0080% / 8h | 6h 26m | $2.9M | $3.0M | 50x |
| Short | GRVT CBRS_USDT_Perp | 209.06 | 0 | get 0.0000% / 8h | 6h 26m | $556 | $207K | 10x |
Gate CBRS_USDT
GRVT CBRS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- −$16.8
- Price spread: −0.114% → +0.001%
- −$11.49
- Slippage, 4 orders
- −$60.61
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$112.9
- Costs to cover
- 0.846%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 41 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 Gate live order book, 2 min ago | 4.78 bp | 19.0 bp −$19 | 36.3 bp −$363 | 50.4 bp −$5,039 | doesn't fit |
| Sell GRVT live order book, 41 min ago | 3.10 bp | 15.2 bp −$15 | 34.8 bp −$348 | doesn't fit | doesn't fit |
CBRS on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0196% | 1h | 209.07 | −0.110% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.411% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.91 | −0.185% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.22 | −0.038% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.024% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perpshort | 0.0000% | 8h | 209.06 | −0.114% | $556 | $207K | 10x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.35 | +0.024% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.03 | −0.129% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.70 | −0.287% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.18 | −0.057% | $90K | $850K | 10x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRSShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0038% | 1h | 209.08 | −0.105% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.90 | −0.191% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.94 | −0.172% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.06 | −0.115% | $339K | $743K | 10x | as long as short |
| Gate CBRS_USDTlong | +0.0080% | 8h | 209.30 | long leg | $2.9M | $3.0M | 50x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.08 | −0.105% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.75 | −0.263% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.21 | −0.043% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.24 | −0.031% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0142% | 8h | 209.47 | +0.081% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0334% | 8h | 209.21 | −0.045% | $422K | $156K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0360% | 1h | 209.19 | −0.052% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0361% | 8h | 209.25 | −0.024% | $10.3M | $29.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0411% | 4h | 209.01 | −0.137% | $24K | $219K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1471% | 1h | 209.56 | +0.124% | $12K | $5K | 10x | as long as short |
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL