Funding you earn now, next payment 16:00 UTC−0.0388%/8h= −42.5% APRnext payment −$3.88 per $10,000 · paid last 24h −0.002%
Price spread now: BloFin against GRVT−0.025%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.037%+$4 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.025%, 7d avg +0.004%
=Together, before fees+0.001%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.030% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.037% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.88 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT DELL_USDT_Perp | 575.59 | 0.0775 | pay 0.0775% / 8h | 5h 28m | $650 | $132K | 10x |
| Short | BloFin DELL-USDT | 575.45 | 0.0387 | get 0.0387% / 8h | 5h 28m | $328K | $241K | 20x |
GRVT DELL_USDT_Perp
BloFin DELL-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
- −$81.41
- Price spread: −0.025% → +0.004%
- −$2.95
- Slippage, 4 orders
- −$22.14
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$127.5
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 16 min ago; BloFin: live order book, 15 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, 16 min ago | 1.65 bp | 11.4 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 15 min ago | 0.35 bp | 11.2 bp −$11 | 22.1 bp −$221 | doesn't fit | doesn't fit |
DELL on 20 exchanges
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 DELL/USDC PERP | −0.0220% | 1h | 573.13 | −0.428% | $4K | $10K | 12x | as long as short |
| Aster DELLUSDT | 0.0000% | 8h | 574.63 | −0.168% | $20K | $49K | 20x | as long as short |
| Bybit DELLUSDT | 0.0000% | 8h | 574.97 | −0.109% | $6.2M | $3.8M | 50x | as long as short |
| Bitget DELLUSDT | 0.0000% | 8h | 575.00 | −0.103% | $3.7M | $4.6M | 20x | as long as short |
| Lighter DELL | +0.0032% | 1h | 575.39 | −0.036% | $34K | $12K | 10x | as long as short |
| tradeXYZ xyz:DELL | +0.0050% | 1h | 574.71 | −0.154% | $7.6M | $6.8M | 10x | as long as short |
| Polymarket Perps DELL-USD | +0.0050% | 1h | 575.12 | −0.082% | $7K | $55K | 10x | as long as short |
| KuCoin DELLUSDTM | +0.0100% | 8h | 574.74 | −0.148% | $941K | $212K | 20x | as long as short |
| Orderly PERP_DELL_USDC_mythos | +0.0100% | 8h | 575.66 | +0.011% | $3K | $336 | 10x | as long as short |
| HTX DELL-USDT | +0.0100% | 8h | 575.18 | −0.072% | $17K | $51K | 10x | as long as short |
Injective DELL/USDC PERP
Aster DELLUSDT
Bybit DELLUSDT
Bitget DELLUSDT
Lighter DELL
tradeXYZ xyz:DELL
Polymarket Perps DELL-USD
KuCoin DELLUSDTM
Orderly PERP_DELL_USDC_mythos
HTX DELL-USDTShow all 20 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX DELL-USDT-SWAP | +0.0116% | 8h | 575.02 | −0.100% | $5.8M | $6.8M | 20x | as long as short |
| Gate DELL_USDT | +0.0184% | 8h | 575.45 | −0.025% | $4.0M | $6.6M | 50x | as long as short |
| Variational Omni DELL | +0.0250% | 8h | 575.61 | +0.003% | $258K | $50K | — | as long as short |
| Binance DELLUSDT | +0.0373% | 8h | 575.15 | −0.077% | $18.4M | $67.6M | 20x | as long as short |
| Extended DELL-USD | +0.0376% | 1h | 574.96 | −0.110% | $334K | $2.6M | 10x | as long as short |
| BloFin DELL-USDTshort | +0.0387% | 8h | 575.45 | −0.025% | $328K | $241K | 20x | |
| Nado DELL-PERP | +0.0538% | 1h | 574.84 | −0.131% | $69K | $20K | 10x | as long as short |
| edgeX DELLUSDC | +0.0560% | 4h | 575.51 | −0.015% | $5K | $334K | 10x | as long as short |
| GRVT DELL_USDT_Perplong | +0.0775% | 8h | 575.59 | long leg | $650 | $132K | 10x | |
| Phoenix DELL | +0.0792% | 1h | 574.78 | −0.142% | $3K | $228K | 10x | as long as short |
OKX DELL-USDT-SWAP
Gate DELL_USDT
Variational Omni DELL
Binance DELLUSDT
Extended DELL-USD
Nado DELL-PERP
edgeX DELLUSDC
Phoenix DELL