Funding you earn now, next payment 04:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h −0.134%
Price spread now: GRVT against edgeX+0.020%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.610%−$61 on $10k
+Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.020%, 7d avg +0.050%
=Together, before fees−0.653%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$65 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.031% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.050%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX COINUSDC | 198.08 | 0.0045 | pay 0.0022% / 4h | 1h 12m | $51K | $295K | 10x |
| Short | GRVT COIN_USDT_Perp | 198.12 | 0 | get 0.0000% / 8h | 5h 12m | $15K | $2.1M | 10x |
edgeX COINUSDC
GRVT COIN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- −$9.45
- Price spread: +0.020% → +0.050%
- −$3.07
- Slippage, 4 orders
- −$22.14
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.66
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 51 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 edgeX live order book, 51 min ago | 5.56 bp | 10.6 bp −$11 | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 1.51 bp | 10.3 bp −$10 | 25.4 bp −$254 | 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 COINUSDT | −0.0660% | 8h | 198.08 | −0.001% | $6.3M | $10.2M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.08 | −0.001% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0194% | 8h | 198.03 | −0.026% | $1.2M | $7.1M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0087% | 1h | 197.52 | −0.283% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.17 | +0.045% | $350K | $876K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.97 | −0.057% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.02 | −0.031% | $15.1M | $78.7M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.05 | −0.016% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.05 | −0.016% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.13 | +0.023% | $686K | $1.0M | — | as long as short |
Bitget COINUSDT
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 | 198.12 | +0.020% | $15K | $2.1M | 10x | |
| QFEX COIN-USD | +0.0016% | 1h | 197.96 | −0.061% | $1.3M | $3.4M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.96 | −0.062% | $358K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.95 | −0.066% | $455K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.09 | +0.004% | $15K | $55K | 5x | as long as short |
| edgeX COINUSDClong | +0.0045% | 4h | 198.08 | long leg | $51K | $295K | 10x | |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.93 | −0.076% | $15.6M | $13.5M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.94 | −0.071% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.97 | −0.056% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.73 | −0.177% | $352K | $2.9M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.94 | −0.071% | $997K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.04 | −0.021% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.02 | −0.031% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.99 | −0.047% | $117 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 198.02 | −0.031% | $189K | $392K | 20x | as long as short |
| Phoenix COIN | +0.0162% | 1h | 198.14 | +0.030% | $5K | $281K | 10x | as long as short |
QFEX COIN-USD
Lighter COIN
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