Funding you earn now, next payment 09:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.024%
Price spread now: Extended against GRVT−0.062%112s7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as 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−$350.353% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−1.541%−$154 · spread now −0.062%, 7d avg −0.096%
=Together, before fees−1.505%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$151 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: Extended is 0.034% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.096%. The two prices were read 112 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 | GRVT COIN_USDT_Perp | 198.33 | 0.0037 | pay 0.0037% / 8h | 7h 01m | $14K | $3.0M | 10x |
| Short | Extended COIN_24_5-USD | 198.21 | 0.0040 | get 0.0005% / 1h | 1m 37s | $105K | $846K | 10x |
GRVT COIN_USDT_Perp
Extended COIN_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.63
- Price spread: −0.062% → −0.096%
- $3.37
- Slippage, 4 orders
- −$21.28
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$31.28
- Costs to cover
- 0.353%
- Break-even
- 354.6 days
Slippage from GRVT: live order book, 2 min ago; Extended: live order book, 31 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 | 1.01 bp | 7.8 bp −$8 | 27.2 bp −$272 | doesn't fit | doesn't fit |
| Sell Extended live order book, 31 min ago | 1.03 bp | 9.1 bp −$9 | 49.8 bp −$498 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective COIN/USDC PERP | −0.0440% | 1h | 197.83 | −0.252% | $17K | $224K | 30x | as long as short |
| Vest COIN-USD-PERP | −0.0029% | 1h | 198.12 | −0.105% | — | $322K | 25x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 198.37 | +0.020% | $346K | $879K | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 198.32 | −0.005% | $4.7M | $5.8M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 198.33 | +0.001% | $3.1M | $4.7M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 198.33 | +0.001% | $1.2M | $7.2M | 50x | as long as short |
| Bitget COINUSDT | 0.0000% | 8h | 198.34 | +0.006% | $6.5M | $10.0M | 20x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 198.63 | +0.153% | $673K | $833K | — | as long as short |
| Lighter COIN | +0.0032% | 1h | 198.25 | −0.042% | $360K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 198.28 | −0.025% | $470K | $1.4M | 10x | as long as short |
Injective COIN/USDC PERP
Vest COIN-USD-PERP
Aster COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Bitget COINUSDT
Variational Omni COIN
Lighter COIN
Lighter RH COINShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT COIN_USDT_Perplong | +0.0037% | 8h | 198.33 | long leg | $14K | $3.0M | 10x | |
| Binance COINUSDT | +0.0039% | 8h | 198.28 | −0.025% | $14.7M | $79.5M | 20x | as long as short |
| Extended COIN_24_5-USDshort | +0.0040% | 1h | 198.21 | −0.062% | $105K | $846K | 10x | |
| Arcus COIN-USD | +0.0040% | 1h | 198.40 | +0.036% | $17K | $37K | 5x | as long as short |
| QFEX COIN-USD | +0.0047% | 1h | 198.22 | −0.055% | $1.3M | $2.7M | 10x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 198.22 | −0.055% | $15.0M | $12.2M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 198.18 | −0.075% | $137K | $1.4M | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 197.95 | −0.191% | $381K | $2.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 198.27 | −0.030% | $935K | $226K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 198.29 | −0.020% | $89K | $280K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 198.34 | +0.006% | $574 | $4K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 198.19 | −0.070% | $117 | — | 10x | as long as short |
| Phoenix COIN | +0.0164% | 1h | 198.70 | +0.187% | $5K | $283K | 10x | as long as short |
| BloFin COIN-USDT | +0.0165% | 8h | 198.41 | +0.041% | $187K | $483K | 20x | as long as short |
| SoDEX COIN-USD | +0.0718% | 1h | 198.16 | −0.085% | $71 | $3K | 10x | as long as short |
| edgeX COINUSDC | +0.0843% | 4h | 198.47 | +0.069% | $51K | $294K | 10x | as long as short |
Binance COINUSDT
Arcus COIN-USD
QFEX COIN-USD
tradeXYZ xyz:COIN
Polymarket Perps COIN-USD
Ondo Perps COIN-USD.P
KuCoin COINUSDTM
ApeX Omni COINUSDT
Orderly PERP_COIN_USDC_mythos
Aevo COIN-PERP
Phoenix COIN
BloFin COIN-USDT
SoDEX COIN-USD
edgeX COINUSDC