Funding you earn now, next payment 22:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.006%
Price spread now: GRVT against QFEX+0.056%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 3 days (all we have)−0.031%−$3 on $10k
+Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.056%, 7d avg +0.028%
=Together, before fees−0.026%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.028% dearer against QFEX than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.028%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX COIN-USD | 201.97 | 0.0027 | pay 0.0003% / 1h | 4m 54s | $1.4M | $3.8M | 10x |
| Short | GRVT COIN_USDT_Perp | 202.08 | 0 | get 0.0000% / 8h | 2h 04m | $18K | $2.0M | 10x |
QFEX COIN-USD
GRVT COIN_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against QFEX. 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
- −$5.68
- Price spread: +0.056% → +0.028%
- $2.81
- Slippage, 4 orders
- −$18.68
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$40.55
- Costs to cover
- 0.377%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 8 min ago; GRVT: 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 QFEX live order book, 8 min ago | 1.73 bp | 6.7 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 1.24 bp | 11.0 bp −$11 | 23.9 bp −$239 | 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 | 201.93 | −0.020% | $40K | $48K | 30x | as long as short |
| Aster COINUSDT | 0.0000% | 8h | 202.06 | +0.044% | $371K | $839K | 20x | as long as short |
| Extended COIN_24_5-USD | 0.0000% | 1h | 201.97 | −0.001% | $120K | $446K | 10x | as long as short |
| Binance COINUSDT | 0.0000% | 8h | 202.03 | +0.028% | $15.6M | $77.3M | 20x | as long as short |
| Bybit COINUSDT | 0.0000% | 8h | 202.00 | +0.015% | $5.0M | $5.9M | 50x | as long as short |
| OKX COIN-USDT-SWAP | 0.0000% | 8h | 202.11 | +0.069% | $3.3M | $4.8M | 20x | as long as short |
| Gate COIN_USDT | 0.0000% | 8h | 201.99 | +0.010% | $1.3M | $6.9M | 50x | as long as short |
| Variational Omni COIN | 0.0000% | 8h | 201.98 | +0.003% | $760K | $983K | — | as long as short |
| GRVT COIN_USDT_Perpshort | 0.0000% | 8h | 202.08 | +0.056% | $18K | $2.0M | 10x | |
| Bitget COINUSDT | +0.0015% | 8h | 202.10 | +0.064% | $6.9M | $10.0M | 20x | as long as short |
Injective COIN/USDC PERP
Aster COINUSDT
Extended COIN_24_5-USD
Binance COINUSDT
Bybit COINUSDT
OKX COIN-USDT-SWAP
Gate COIN_USDT
Variational Omni COIN
Bitget COINUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX COIN-USDlong | +0.0027% | 1h | 201.97 | long leg | $1.4M | $3.8M | 10x | |
| Lighter COIN | +0.0032% | 1h | 202.08 | +0.055% | $369K | $2.1M | 10x | as long as short |
| Lighter RH COIN | +0.0032% | 1h | 201.95 | −0.010% | $432K | $2.0M | 10x | as long as short |
| Arcus COIN-USD | +0.0040% | 1h | 202.19 | +0.109% | $16K | $56K | 5x | as long as short |
| Vest COIN-USD-PERP | +0.0046% | 1h | 201.93 | −0.020% | — | $513K | 25x | as long as short |
| tradeXYZ xyz:COIN | +0.0050% | 1h | 202.03 | +0.030% | $16.4M | $13.4M | 10x | as long as short |
| Polymarket Perps COIN-USD | +0.0050% | 1h | 201.96 | −0.005% | $151K | $1.2M | 10x | as long as short |
| SoDEX COIN-USD | +0.0050% | 1h | 201.96 | −0.005% | $78 | $3K | 10x | as long as short |
| Ondo Perps COIN-USD.P | +0.0050% | 1h | 201.97 | 0.000% | $349K | $3.3M | 10x | as long as short |
| KuCoin COINUSDTM | +0.0100% | 8h | 202.02 | +0.025% | $1.0M | $146K | 20x | as long as short |
| ApeX Omni COINUSDT | +0.0100% | 1h | 202.08 | +0.054% | $91K | $532K | 50x | as long as short |
| Orderly PERP_COIN_USDC_mythos | +0.0100% | 8h | 201.97 | 0.000% | $584 | $5K | 10x | as long as short |
| Aevo COIN-PERP | +0.0104% | 1h | 201.95 | −0.009% | $119 | — | 10x | as long as short |
| BloFin COIN-USDT | +0.0120% | 8h | 202.03 | +0.030% | $200K | $339K | 20x | as long as short |
| Phoenix COIN | +0.0197% | 1h | 202.02 | +0.025% | $5K | $281K | 10x | as long as short |
| edgeX COINUSDC | +0.0931% | 4h | 202.07 | +0.049% | $52K | $292K | 10x | as long as short |
Lighter COIN
Lighter RH COIN
Arcus COIN-USD
Vest COIN-USD-PERP
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
edgeX COINUSDC