Funding you earn now, next payment 00:00 UTC+0.0247%/8h= +27.0% APRnext payment +$2.47 per $10,000 · paid last 24h +0.023%
Price spread now: GRVT against Bitget−0.063%53s7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as 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−$950.955% of the position
Funding, last 7 days+0.063%+$6 on $10k
+Price spread, last 3 days (all we have)+0.318%+$32 · spread now −0.063%, 7d avg +0.029%
=Together, before fees+0.381%+ Points / potential airdropGRVT: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.092% cheaper against Bitget than usual: you would sell low and buy high (spread −0.063% now, against its 7-day average of +0.029%). If the spread goes back, that is −$9 on $10k: about 30 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.063% in total) that is about 10 days. The two prices were read 53 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 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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 | Bitget GLWUSDT | 159.26 | 0 | get 0.0000% / 8h | 2h 28m | $2.1M | $872K | 20x |
| Short | GRVT GLW_USDT_Perp | 159.16 | 0.0247 | get 0.0247% / 8h | 2h 28m | $18 | $192K | 10x |
Bitget GLWUSDT
GRVT GLW_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $51.87
- Price spread: −0.063% → +0.029%
- −$9.16
- Slippage, 4 orders
- −$74.49
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$52.78
- Costs to cover
- 0.955%
- Break-even
- 14.1 days
Slippage from Bitget: live order book, 3 min ago; GRVT: live order book, 58 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 Bitget live order book, 3 min ago | 4.40 bp | 19.8 bp −$20 | 24.0 bp −$240 | 134.3 bp −$13.4K | doesn't fit |
| Sell GRVT live order book, 58 min ago | 2.52 bp | 19.0 bp −$19 | 47.6 bp −$476 | doesn't fit | doesn't fit |
GLW on 17 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 GLWUSDT | 0.0000% | 8h | 159.22 | −0.027% | $40K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 159.12 | −0.088% | $912K | $216K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 159.15 | −0.069% | $2.2M | $4.2M | 50x | as long as short |
| Bitget GLWUSDTlong | 0.0000% | 8h | 159.26 | long leg | $2.1M | $872K | 20x | |
| SunX GLW-USDT | 0.0000% | 8h | 159.18 | −0.050% | $990 | $2.0M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 159.33 | +0.044% | $16K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 159.18 | −0.050% | — | — | 10x | as long as short |
| QFEX GLW-USD | +0.0048% | 1h | 159.26 | 0.000% | $1.1M | $2.1M | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 159.24 | −0.013% | $298K | $84K | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 159.05 | −0.130% | $316K | $27K | 10x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
QFEX GLW-USD
Ondo Perps GLW-USD.P
Paragon para:GLWShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin GLWUSDTM | +0.0100% | 8h | 159.25 | −0.006% | $318K | $1.0M | 20x | as long as short |
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 159.27 | +0.006% | $2K | $2K | 10x | as long as short |
| OKX GLW-USDT-SWAP | +0.0101% | 8h | 159.38 | +0.075% | $2.3M | $4.4M | 20x | as long as short |
| Extended GLW-USD | +0.0136% | 1h | 159.31 | +0.033% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0138% | 8h | 159.33 | +0.044% | $10.8M | $21.0M | 20x | as long as short |
| BloFin GLW-USDT | +0.0152% | 8h | 159.37 | +0.069% | $151K | $33K | 20x | as long as short |
| GRVT GLW_USDT_Perpshort | +0.0247% | 8h | 159.16 | −0.063% | $18 | $192K | 10x |
KuCoin GLWUSDTM
Orderly PERP_GLW_USDC_mythos
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT
BloFin GLW-USDT