Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.065%
Price spread now: GRVT against Gate+0.020%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as 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−$490.487% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.020%, 7d avg −0.001%
=Together, before fees−0.181%+ Points / potential airdropGRVT: Active · farm board−$18 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 0.021% dearer against Gate than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.001%. The two prices were read 111 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 COIN_USDT | 198.00 | 0 | get 0.0000% / 8h | 6h 23m | $1.3M | $7.0M | 50x |
| Short | GRVT COIN_USDT_Perp | 198.04 | 0 | get 0.0000% / 8h | 6h 23m | $15K | $2.1M | 10x |
Gate COIN_USDT
GRVT COIN_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
- $0
- Price spread: +0.020% → −0.001%
- $2.09
- Slippage, 4 orders
- −$24.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$46.57
- Costs to cover
- 0.487%
- Break-even
- never at this rate
Slippage from Gate: live order book, 5 min ago; GRVT: live order book, 5 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, 5 min ago | 3.79 bp | 16.8 bp −$17 | 110.8 bp −$1,108 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 1.26 bp | 11.2 bp −$11 | 24.0 bp −$240 | doesn't fit | doesn't fit |
COIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget COINUSDT | −0.0466% | 8h | 198.07 | +0.035% | $6.5M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 198.21 | +0.106% | $44K | $48K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0031% | 1h | 197.64 | −0.182% | — | $291K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.10 | +0.050% | $366K | $856K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.94 | −0.028% | $117K | $696K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 198.00 | −0.001% | $14.9M | $77.9M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.04 | +0.020% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.06 | +0.030% | $3.1M | $4.6M | 20x | as long as short |
| Gate COIN_USDTlong | 0.0000% | 8h | 198.00 | long leg | $1.3M | $7.0M | 50x | |
| Variational Omni COIN | 0.0000% | 8h | 198.30 | +0.153% | $820K | $1.0M | — | as long as short |
Bitget COINUSDT
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Variational Omni COINShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 198.04 | +0.020% | $15K | $2.1M | 10x | |
| QFEX COIN-USD | +0.0028% | 1h | 198.02 | +0.010% | $1.3M | $3.7M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.99 | −0.006% | $390K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.96 | −0.020% | $437K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 198.11 | +0.056% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.96 | −0.020% | $15.9M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.94 | −0.030% | $124K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.98 | −0.010% | $98 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.88 | −0.061% | $351K | $3.2M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.89 | −0.056% | $996K | $142K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 197.73 | −0.136% | $89K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.97 | −0.015% | $573 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.99 | −0.003% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 198.15 | +0.076% | $5K | $251K | 10x | as long as short |
| edgeX COINUSDC | +0.0578% | 4h | 198.00 | +0.002% | $51K | $294K | 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
Phoenix COIN
edgeX COINUSDC