Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.038%
Price spread now: BloFin against GRVT−0.086%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.259%+$26 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.086%, 7d avg −0.050%
=Together, before fees+0.254%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.036% cheaper against GRVT than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.050%). If the spread goes back, that is −$4 on $10k: about 24 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT COIN_USDT_Perp | 196.80 | 0 | get 0.0000% / 8h | 3h 26m | $13K | $2.4M | 10x |
| Short | BloFin COIN-USDT | 196.63 | 0.0120 | get 0.0120% / 8h | 3h 26m | $188K | $393K | 20x |
GRVT COIN_USDT_Perp
BloFin COIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: −0.086% → −0.050%
- −$3.58
- Slippage, 4 orders
- −$15.75
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.13
- Costs to cover
- 0.368%
- Break-even
- 11.2 days
Slippage from GRVT: live order book, 2 min ago; BloFin: live order book, 4 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, 2 min ago | 1.27 bp | 12.6 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 1.02 bp | 7.7 bp −$8 | 9.4 bp −$94 | 37.0 bp −$3,698 | 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 | −0.0717% | 8h | 196.75 | −0.025% | $6.2M | $10.5M | 20x | as long as short |
| Injective COIN/USDC PERP | −0.0440% | 1h | 196.73 | −0.035% | $43K | $48K | 30x | as long as short |
| Gate COIN_USDT | −0.0224% | 8h | 196.65 | −0.076% | $1.2M | $7.3M | 50x | as long as short |
| Vest COIN-USD-PERP | −0.0109% | 1h | 196.04 | −0.386% | — | $266K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 196.51 | −0.148% | $343K | $890K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 196.56 | −0.120% | $116K | $643K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 196.64 | −0.082% | $14.7M | $80.2M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 196.67 | −0.065% | $4.8M | $6.0M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 196.69 | −0.055% | $3.0M | $4.6M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 196.85 | +0.026% | $684K | $939K | — | 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_Perplong | 0.0000% | 8h | 196.80 | long leg | $13K | $2.4M | 10x | |
| QFEX COIN-USD | +0.0020% | 1h | 196.67 | −0.065% | $1.3M | $3.2M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 196.58 | −0.111% | $453K | $1.5M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 196.82 | +0.011% | $15K | $55K | 5x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 196.54 | −0.132% | $15.3M | $13.6M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 196.58 | −0.111% | $133K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 196.59 | −0.106% | $85 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 196.45 | −0.177% | $368K | $2.7M | 10x | as long as short |
| Lighter COIN | +0.0072% | 1h | 196.59 | −0.105% | $341K | $2.0M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 196.67 | −0.065% | $992K | $143K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 196.71 | −0.045% | $88K | $287K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 196.56 | −0.121% | $568 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 196.59 | −0.105% | $116 | — | 10x | as long as short |
| BloFin COIN-USDTshort | +0.0120% | 8h | 196.63 | −0.086% | $188K | $393K | 20x | |
| Phoenix COIN | +0.0122% | 1h | 196.74 | −0.030% | $4K | $283K | 10x | as long as short |
| edgeX COINUSDC | +0.0537% | 4h | 196.77 | −0.014% | $51K | $294K | 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
Lighter COIN
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
edgeX COINUSDC