Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.029%
Price spread now: GRVT against ApeX Omni+0.165%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.374% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.062%−$6 · spread now +0.165%, 7d avg +0.065%
=Together, before fees−0.219%+ Points / potential airdropGRVT: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.100% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.165% now, against its 7-day average of +0.065%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni COINUSDT | 198.44 | 0.0100 | pay 0.0013% / 1h | 55m 36s | $89K | $272K | 50x |
| Short | GRVT COIN_USDT_Perp | 198.77 | 0 | get 0.0000% / 8h | 5h 55m | $11K | $3.2M | 10x |
ApeX Omni COINUSDT
GRVT COIN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against ApeX Omni. 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
- −$21
- Price spread: +0.165% → +0.065%
- $9.97
- Slippage, 4 orders
- −$18.41
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$48.43
- Costs to cover
- 0.374%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 54 min ago; GRVT: 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 ApeX Omni live order book, 54 min ago | 2.78 bp | 7.8 bp −$8 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 2.01 bp | 10.6 bp −$11 | 29.4 bp −$294 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.52 | −0.464% | $17K | $224K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.66 | +0.110% | $346K | $868K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 198.69 | +0.128% | $106K | $855K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.76 | +0.161% | $14.6M | $75.8M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.74 | +0.151% | $4.7M | $5.5M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.83 | +0.197% | $3.1M | $4.4M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.75 | +0.156% | $1.2M | $6.4M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.83 | +0.197% | $6.4M | $9.5M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.69 | +0.128% | $770K | $921K | — | as long as short |
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 198.77 | +0.165% | $11K | $3.2M | 10x |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COINShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USD | +0.0032% | 1h | 198.74 | +0.151% | $1.3M | $2.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.71 | +0.137% | $347K | $1.9M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.72 | +0.141% | $483K | $1.1M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.78 | +0.171% | $17K | $28K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 198.63 | +0.096% | — | $288K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.65 | +0.106% | $14.8M | $11.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.61 | +0.086% | $136K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 198.68 | +0.121% | $98 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 198.43 | −0.005% | $333K | $2.1M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.71 | +0.136% | $937K | $247K | 20x | as long as short |
| ApeX Omni COINUSDTlong | +0.0100% | 1h | 198.44 | long leg | $89K | $272K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.69 | +0.126% | $575 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.68 | +0.123% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.77 | +0.166% | $193K | $492K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 198.71 | +0.136% | $5K | $256K | 10x | as long as short |
| edgeX COINUSDC | +0.0231% | 4h | 198.64 | +0.103% | $51K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
edgeX COINUSDC