Funding you earn now, next payment 08:00 UTC+0.0651%/8h= +71.3% APRnext payment +$6.51 per $10,000 · paid last 24h −0.011%
Price spread now: GRVT against Gate+0.091%51s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as 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−$460.458% of the position
Funding, last 7 days−0.349%−$35 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.091%, 7d avg +0.014%
=Together, before fees−0.403%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and GRVT is 0.077% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.349%, so the current rate has only just turned in your favour. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.349% in total (about -18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate DELL_USDT | 576.87 | 0 | get 0.0000% / 8h | 3h 56m | $4.1M | $7.2M | 50x |
| Short | GRVT DELL_USDT_Perp | 577.39 | 0.0651 | get 0.0651% / 8h | 3h 56m | $831 | $152K | 10x |
Funding 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
- $136.71
- Price spread: +0.091% → +0.014%
- $7.74
- Slippage, 4 orders
- −$21.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $98.68
- Costs to cover
- 0.458%
- Break-even
- 1.9 days
Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 56 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, 2 min ago | 2.17 bp | 12.9 bp −$13 | 34.7 bp −$347 | 70.5 bp −$7,052 | doesn't fit |
| Sell GRVT live order book, 56 min ago | 1.73 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
DELL on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster DELLUSDT | 0.0000% | 8h | 576.76 | −0.019% | $21K | $50K | 20x | as long as short |
| Gate DELL_USDTlong | 0.0000% | 8h | 576.87 | long leg | $4.1M | $7.2M | 50x | |
| Bitget DELLUSDT | 0.0000% | 8h | 577.11 | +0.042% | $3.6M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 577.17 | +0.052% | $34K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.901% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 576.46 | −0.071% | $7.6M | $7.0M | 10x | as long as short |
| edgeX DELLUSDC | +0.0097% | 4h | 577.21 | +0.059% | $5K | $332K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 576.72 | −0.026% | $944K | $29K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 577.75 | +0.153% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 576.88 | +0.002% | $18K | $59K | 10x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps DELL-USD | +0.0126% | 1h | 576.95 | +0.014% | $7K | $54K | 10x | as long as short |
| Bybit DELLUSDT | +0.0214% | 8h | 576.95 | +0.014% | $6.2M | $3.9M | 50x | as long as short |
| OKX DELL-USDT-SWAP | +0.0434% | 8h | 577.13 | +0.045% | $5.9M | $6.6M | 20x | as long as short |
| Variational Omni DELL | +0.0614% | 8h | 577.54 | +0.116% | $263K | $87K | — | as long as short |
| GRVT DELL_USDT_Perpshort | +0.0651% | 8h | 577.39 | +0.091% | $831 | $152K | 10x | |
| Phoenix DELL | +0.0679% | 1h | 577.17 | +0.052% | $3K | $260K | 10x | as long as short |
| Binance DELLUSDT | +0.0709% | 8h | 577.01 | +0.024% | $18.6M | $65.9M | 20x | as long as short |
| Extended DELL-USD | +0.0712% | 1h | 576.85 | −0.003% | $334K | $1.2M | 10x | as long as short |
| BloFin DELL-USDT | +0.0727% | 8h | 577.36 | +0.085% | $324K | $220K | 20x | as long as short |
| Nado DELL-PERP | +0.0881% | 1h | 576.64 | −0.040% | $69K | $18K | 10x | as long as short |
Gate DELL_USDT
GRVT DELL_USDT_Perp
Aster DELLUSDT
Bitget DELLUSDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
edgeX DELLUSDC
KuCoin DELLUSDTM
HTX DELL-USDT
Polymarket Perps DELL-USD
Bybit DELLUSDT
OKX DELL-USDT-SWAP
Variational Omni DELL
Phoenix DELL
Binance DELLUSDT
Extended DELL-USD
BloFin DELL-USDT