Funding you earn now, next payment 12:00 UTC+0.0411%/8h= +45.0% APRpaid last 24h +0.095%
Price spread now: GRVT against edgeX+0.011%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$620.621% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.011%, 7d avg −0.025%
=Together, before fees−0.008%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.037% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.025%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment. 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 | edgeX EWJUSDC | 98.099 | −0.0411 | get 0.0206% / 4h | 2h 19m | $598K | $233K | 20x |
| Short | GRVT EWJ_USDT_Perp | 98.110 | 0 | get 0.0000% / 8h | 6h 19m | $629K | $423K | 10x |
edgeX EWJUSDC
GRVT EWJ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- $86.35
- Price spread: +0.011% → −0.025%
- $3.67
- Slippage, 4 orders
- −$44.1
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $27.91
- Costs to cover
- 0.621%
- Break-even
- 4.7 days
Slippage from edgeX: live order book, 32 min ago; GRVT: 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 edgeX live order book, 32 min ago | 6.62 bp | 11.6 bp −$12 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 31 min ago | 2.55 bp | 22.9 bp −$23 | 71.9 bp −$719 | doesn't fit | doesn't fit |
EWJ on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWJUSDClong | −0.0411% | 4h | 98.099 | long leg | $598K | $233K | 20x | |
| Aster EWJUSDT | 0.0000% | 8h | 98.132 | +0.034% | $15K | $1K | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 98.115 | +0.017% | $1.1M | $907K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 98.140 | +0.042% | $213K | $59K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 98.130 | +0.032% | $298K | $115K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 98.080 | −0.019% | $339K | $186K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 98.140 | +0.042% | $906K | $189K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 98.140 | +0.042% | $737K | $144K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 98.100 | +0.001% | $117K | $30K | — | as long as short |
| GRVT EWJ_USDT_Perpshort | 0.0000% | 8h | 98.110 | +0.011% | $629K | $423K | 10x |
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX EWJ-USDT | 0.0000% | 8h | 98.025 | −0.076% | $1K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.957 | −0.145% | $8K | $38K | 20x | as long as short |
| BloFin EWJ-USDT | +0.0029% | 8h | 98.180 | +0.082% | $44K | $69K | 20x | as long as short |
| tradeXYZ xyz:EWJ | +0.0080% | 1h | 98.145 | +0.047% | $1.5M | $562K | 20x | as long as short |
| KuCoin EWJUSDTM | +0.0100% | 8h | 98.020 | −0.081% | $151K | $1.1M | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0744% | 1h | 98.100 | +0.001% | $34K | — | 20x | as long as short |
SunX EWJ-USDT
HTX EWJ-USDT
BloFin EWJ-USDT
tradeXYZ xyz:EWJ
KuCoin EWJUSDTM
Hotstuff EWJ-PERP