Funding you earn now, next payment 07:00 UTC+0.0063%/8h= +6.8% APRpaid last 24h −0.077%
Price spread now: tradeXYZ against GRVT−0.100%66s7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as 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−$730.726% of the position
Funding, last 7 days−0.058%−$6 on $10k
+Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.100%, 7d avg −0.015%
=Together, before fees+0.023%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.085% cheaper against GRVT than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.015%). If the spread goes back, that is −$9 on $10k: about 4.5 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.058%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT EWJ_USDT_Perp | 97.894 | 0 | get 0.0000% / 8h | 1h 52m | $627K | $404K | 10x |
| Short | tradeXYZ xyz:EWJ | 97.796 | 0.0063 | get 0.0008% / 1h | 52m 31s | $1.5M | $549K | 20x |
GRVT EWJ_USDT_Perp
tradeXYZ xyz:EWJFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $13.13
- Price spread: −0.100% → −0.015%
- −$8.52
- Slippage, 4 orders
- −$45.59
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$67.97
- Costs to cover
- 0.726%
- Break-even
- 43.2 days
Slippage from GRVT: live order book, 55 min ago; tradeXYZ: 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 GRVT live order book, 55 min ago | 1.02 bp | 29.8 bp −$30 | 7367.2 bp −$73.7K | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.61 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
EWJ on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX EWJUSDC | −0.0397% | 4h | 97.875 | −0.019% | $597K | $232K | 20x | as long as short |
| BloFin EWJ-USDT | −0.0001% | 8h | 97.820 | −0.075% | $43K | $68K | 20x | as long as short |
| Aster EWJUSDT | 0.0000% | 8h | 97.738 | −0.159% | $15K | $962 | 20x | as long as short |
| Binance EWJUSDT | 0.0000% | 8h | 97.780 | −0.116% | $1.1M | $856K | 20x | as long as short |
| Bybit EWJUSDT | 0.0000% | 8h | 97.790 | −0.106% | $191K | $24K | 25x | as long as short |
| OKX EWJ-USDT-SWAP | 0.0000% | 8h | 97.870 | −0.024% | $297K | $113K | 20x | as long as short |
| Gate EWJ_USDT | 0.0000% | 8h | 97.770 | −0.126% | $347K | $197K | 25x | as long as short |
| MEXC EWJ_USDT | 0.0000% | 8h | 97.760 | −0.137% | $272K | $87K | 20x | as long as short |
| Bitget EWJUSDT | 0.0000% | 8h | 97.800 | −0.096% | $747K | $144K | 20x | as long as short |
| Variational Omni EWJ | 0.0000% | 8h | 97.883 | −0.011% | $110K | $22K | — | as long as short |
edgeX EWJUSDC
BloFin EWJ-USDT
Aster EWJUSDT
Binance EWJUSDT
Bybit EWJUSDT
OKX EWJ-USDT-SWAP
Gate EWJ_USDT
MEXC EWJ_USDT
Bitget EWJUSDT
Variational Omni EWJShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT EWJ_USDT_Perplong | 0.0000% | 8h | 97.894 | long leg | $627K | $404K | 10x | |
| SunX EWJ-USDT | 0.0000% | 8h | 97.769 | −0.127% | $2K | $1.4M | 20x | as long as short |
| HTX EWJ-USDT | 0.0000% | 8h | 97.687 | −0.211% | $8K | $37K | 20x | as long as short |
| tradeXYZ xyz:EWJshort | +0.0063% | 1h | 97.796 | −0.100% | $1.5M | $549K | 20x | |
| KuCoin EWJUSDTM | +0.0100% | 8h | 97.780 | −0.116% | $150K | $985K | 20x | as long as short |
| Hotstuff EWJ-PERP | +0.0168% | 1h | 97.830 | −0.065% | $34K | — | 20x | as long as short |
SunX EWJ-USDT
HTX EWJ-USDT
KuCoin EWJUSDTM
Hotstuff EWJ-PERP