Funding you earn now, next payment 08:00 UTC−0.0480%/8h= −52.6% APRnext payment −$4.80 per $10,000 · paid last 24h −0.023%
Price spread now: Bitget against GRVT+0.230%63s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as 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−$660.664% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.230%, 7d avg −0.040%
=Together, before fees−0.198%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.269% dearer against GRVT than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of −0.040%): +$27 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you. The two prices were read 63 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 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.80 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 | GRVT DELL_USDT_Perp | 571.70 | 0.0480 | pay 0.0480% / 8h | 2h 18m | $972 | $151K | 10x |
| Short | Bitget DELLUSDT | 573.01 | 0 | get 0.0000% / 8h | 2h 18m | $3.6M | $4.7M | 20x |
GRVT DELL_USDT_Perp
Bitget DELLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$100.8
- Price spread: +0.230% → −0.040%
- $26.93
- Slippage, 4 orders
- −$45.38
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.25
- Costs to cover
- 0.664%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 24 min ago; Bitget: live order book, 5 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, 24 min ago | 1.75 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.06 bp | 20.1 bp −$20 | 48.9 bp −$489 | 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 | 572.70 | +0.176% | $20K | $50K | 20x | as long as short |
| Gate DELL_USDT | 0.0000% | 8h | 573.32 | +0.284% | $4.1M | $7.2M | 50x | as long as short |
| Bitget DELLUSDTshort | 0.0000% | 8h | 573.01 | +0.230% | $3.6M | $4.7M | 20x | |
| Lighter DELL | +0.0032% | 1h | 573.25 | +0.272% | $33K | $13K | 10x | as long as short |
| Injective DELL/USDC PERP | +0.0033% | 1h | 571.67 | −0.005% | $8K | $83K | 12x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 572.50 | +0.140% | $7.5M | $7.0M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0056% | 1h | 572.85 | +0.202% | $7K | $54K | 10x | as long as short |
| Bybit DELLUSDT | +0.0090% | 8h | 572.75 | +0.184% | $6.1M | $4.0M | 50x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 572.34 | +0.112% | $939K | $28K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 573.98 | +0.399% | $3K | $336 | 10x | as long as short |
Aster DELLUSDT
Gate DELL_USDT
Lighter DELL
Injective DELL/USDC PERP
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
Bybit DELLUSDT
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythosShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX DELL-USDT | +0.0100% | 8h | 572.30 | +0.105% | $17K | $59K | 10x | as long as short |
| OKX DELL-USDT-SWAP | +0.0280% | 8h | 573.47 | +0.310% | $5.8M | $6.7M | 20x | as long as short |
| edgeX DELLUSDC | +0.0448% | 4h | 572.16 | +0.080% | $5K | $334K | 10x | as long as short |
| GRVT DELL_USDT_Perplong | +0.0480% | 8h | 571.70 | long leg | $972 | $151K | 10x | |
| Variational Omni DELL | +0.0490% | 8h | 572.16 | +0.081% | $257K | $60K | — | as long as short |
| BloFin DELL-USDT | +0.0587% | 8h | 573.08 | +0.242% | $322K | $232K | 20x | as long as short |
| Extended DELL-USD | +0.0592% | 1h | 573.11 | +0.246% | $335K | $1.1M | 10x | as long as short |
| Binance DELLUSDT | +0.0596% | 8h | 573.27 | +0.275% | $18.4M | $66.7M | 20x | as long as short |
| Phoenix DELL | +0.0685% | 1h | 571.50 | −0.035% | $3K | $260K | 10x | as long as short |
| Nado DELL-PERP | +0.0783% | 1h | 571.98 | +0.049% | $69K | $20K | 10x | as long as short |
HTX DELL-USDT
OKX DELL-USDT-SWAP
edgeX DELLUSDC
Variational Omni DELL
BloFin DELL-USDT
Extended DELL-USD
Binance DELLUSDT
Phoenix DELL
Nado DELL-PERP