Funding you earn now, next payment 08:00 UTC+0.0711%/8h= +77.9% APRnext payment +$7.11 per $10,000 · paid last 24h +0.014%
Price spread now: GRVT against Bitget+0.012%103s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as 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−$450.454% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 7 days−0.120%−$12 · spread now +0.012%, 7d avg −0.008%
=Together, before fees−0.137%+ Points / potential airdropGRVT: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.016% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget COINUSDT | 197.38 | −0.0711 | get 0.0711% / 8h | 3h 55m | $6.3M | $10.4M | 20x |
| Short | GRVT COIN_USDT_Perp | 197.40 | 0 | get 0.0000% / 8h | 3h 55m | $21K | $2.3M | 10x |
Bitget COINUSDT
GRVT COIN_USDT_PerpFunding 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
- $149.31
- Price spread: +0.012% → −0.008%
- $1.94
- Slippage, 4 orders
- −$24.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $105.89
- Costs to cover
- 0.454%
- Break-even
- 2.0 days
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 3 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 | 2.28 bp | 11.3 bp −$11 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 3 min ago | 1.52 bp | 10.3 bp −$10 | 22.6 bp −$226 | doesn't fit | doesn't fit |
COIN on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDTlong | −0.0711% | 8h | 197.38 | long leg | $6.3M | $10.4M | 20x | |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.36 | −0.010% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0217% | 8h | 197.26 | −0.061% | $1.2M | $7.2M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0111% | 1h | 196.57 | −0.410% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.34 | −0.019% | $344K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.22 | −0.082% | $117K | $692K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.31 | −0.035% | $14.8M | $79.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.32 | −0.030% | $4.9M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.31 | −0.035% | $3.1M | $4.7M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.30 | −0.040% | $681K | $935K | — | as long as short |
Injective COIN/USDC PERP
Gate COIN_USDT
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 197.40 | +0.012% | $21K | $2.3M | 10x | |
| QFEX COIN-USD | +0.0020% | 1h | 197.23 | −0.076% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.20 | −0.091% | $449K | $1.4M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.35 | −0.015% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.19 | −0.096% | $15.5M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.07 | −0.157% | $134K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.27 | −0.056% | $79 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.03 | −0.177% | $350K | $2.7M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.15 | −0.117% | $993K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.12 | −0.132% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.19 | −0.096% | $570 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.21 | −0.086% | $116 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 197.32 | −0.030% | $188K | $393K | 20x | as long as short |
| Phoenix COIN | +0.0121% | 1h | 197.25 | −0.066% | $5K | $283K | 10x | as long as short |
| Lighter COIN | +0.0264% | 1h | 197.21 | −0.085% | $348K | $2.0M | 10x | as long as short |
| edgeX COINUSDC | +0.0617% | 4h | 197.35 | −0.015% | $51K | $293K | 10x | as long as short |
QFEX COIN-USD
Lighter RH COIN
Arcus COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
SoDEX COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
BloFin COIN-USDT
Phoenix COIN
Lighter COIN
edgeX COINUSDC