Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against GRVT−0.016%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now −0.016%, 7d avg −0.029%
=Together, before fees+0.140%+ Points / potential airdropGRVT: Active · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COIN_USDT_Perp | 197.60 | 0 | get 0.0000% / 8h | 5h 55m | $14K | $2.1M | 10x |
| Short | ApeX Omni COINUSDT | 197.57 | 0.0100 | get 0.0013% / 1h | 55m 49s | $89K | $286K | 50x |
GRVT COIN_USDT_Perp
ApeX Omni COINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GRVT. 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: −0.016% → −0.029%
- $1.34
- Slippage, 4 orders
- −$15.84
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$12.51
- Costs to cover
- 0.348%
- Break-even
- 11.2 days
Slippage from GRVT: live order book, 3 min ago; ApeX Omni: live order book, 6 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 GRVT live order book, 3 min ago | 1.52 bp | 9.5 bp −$9 | 36.4 bp −$364 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 6 min ago | 2.78 bp | 7.8 bp −$8 | 12.5 bp −$125 | 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 | −0.0688% | 8h | 197.57 | −0.016% | $6.3M | $10.1M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.40 | −0.102% | $44K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0122% | 8h | 197.57 | −0.016% | $1.2M | $7.0M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0084% | 1h | 197.06 | −0.274% | — | $284K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 197.69 | +0.045% | $349K | $877K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 197.50 | −0.050% | $119K | $697K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 197.41 | −0.098% | $15.1M | $78.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 197.39 | −0.107% | $4.9M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 197.40 | −0.102% | $3.1M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 197.59 | −0.007% | $817K | $905K | — | 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 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perplong | 0.0000% | 8h | 197.60 | long leg | $14K | $2.1M | 10x | |
| QFEX COIN-USD | +0.0016% | 1h | 197.63 | +0.015% | $1.3M | $3.6M | 10x | as long as short |
| Lighter COIN | +0.0032% | 1h | 197.34 | −0.131% | $365K | $2.0M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 197.36 | −0.122% | $449K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 197.66 | +0.030% | $16K | $53K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 197.35 | −0.127% | $15.7M | $13.3M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 197.52 | −0.041% | $125K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 197.50 | −0.051% | $93 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.23 | −0.188% | $350K | $3.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 197.52 | −0.041% | $994K | $143K | 20x | as long as short |
| ApeX Omni COINUSDTshort | +0.0100% | 1h | 197.57 | −0.016% | $89K | $286K | 50x | |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 197.56 | −0.021% | $571 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 197.58 | −0.010% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0160% | 1h | 197.86 | +0.131% | $5K | $250K | 10x | as long as short |
| edgeX COINUSDC | +0.0833% | 4h | 197.77 | +0.086% | $51K | $296K | 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
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC