Funding you earn now, next payment 08:00 UTC+0.0361%/8h= +39.5% APRnext payment +$3.61 per $10,000 · paid last 24h +0.055%
Price spread now: BloFin against GRVT−0.093%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 3 days (all we have)−0.054%−$5 · spread now −0.093%, 7d avg −0.012%
=Together, before fees−0.030%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.081% cheaper against GRVT than usual: you would sell low and buy high (spread −0.093% now, against its 7-day average of −0.012%). If the spread goes back, that is −$8 on $10k: about 18 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.024% in total) that is about 23 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.61 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 GLW_USDT_Perp | 161.51 | 0.0209 | pay 0.0209% / 8h | 7h 54m | $102 | $172K | 10x |
| Short | BloFin GLW-USDT | 161.36 | 0.0570 | get 0.0570% / 8h | 7h 54m | $150K | $36K | 20x |
GRVT GLW_USDT_Perp
BloFin GLW-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
- $75.8
- Price spread: −0.093% → −0.012%
- −$8.05
- Slippage, 4 orders
- −$33.02
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $13.73
- Costs to cover
- 0.540%
- Break-even
- 5.7 days
Slippage from GRVT: live order book, 14 min ago; BloFin: live order book, 2 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, 14 min ago | 1.86 bp | 12.5 bp −$13 | 31.9 bp −$319 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.24 bp | 14.3 bp −$14 | 33.6 bp −$336 | 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 | 161.72 | +0.131% | $41K | $1K | 20x | as long as short |
| Bybit GLWUSDT | 0.0000% | 8h | 161.49 | −0.012% | $935K | $194K | 25x | as long as short |
| Gate GLW_USDT | 0.0000% | 8h | 161.40 | −0.068% | $2.2M | $4.2M | 50x | as long as short |
| SunX GLW-USDT | 0.0000% | 8h | 161.53 | +0.012% | $1K | $1.9M | 10x | as long as short |
| HTX GLW-USDT | 0.0000% | 8h | 161.75 | +0.149% | $17K | $16K | 20x | as long as short |
| Vest GLW-USD-PERP | +0.0046% | 1h | 161.66 | +0.093% | — | — | 10x | as long as short |
| Ondo Perps GLW-USD.P | +0.0050% | 1h | 161.42 | −0.056% | $301K | $109K | 10x | as long as short |
| QFEX GLW-USD | +0.0052% | 1h | 161.61 | +0.062% | $1.1M | $2.3M | 10x | as long as short |
| Paragon para:GLW | +0.0060% | 1h | 161.51 | 0.000% | $321K | $30K | 10x | as long as short |
| KuCoin GLWUSDTM | +0.0100% | 8h | 161.56 | +0.031% | $326K | $1.0M | 20x | as long as short |
Aster GLWUSDT
Bybit GLWUSDT
Gate GLW_USDT
SunX GLW-USDT
HTX GLW-USDT
Vest GLW-USD-PERP
Ondo Perps GLW-USD.P
QFEX GLW-USD
Paragon para:GLW
KuCoin GLWUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_GLW_USDC_mythos | +0.0100% | 8h | 161.63 | +0.074% | $2K | $2K | 10x | as long as short |
| GRVT GLW_USDT_Perplong | +0.0209% | 8h | 161.51 | long leg | $102 | $172K | 10x | |
| Bitget GLWUSDT | +0.0218% | 8h | 161.56 | +0.031% | $2.2M | $817K | 20x | as long as short |
| OKX GLW-USDT-SWAP | +0.0256% | 8h | 161.77 | +0.161% | $2.3M | $4.5M | 20x | as long as short |
| BloFin GLW-USDTshort | +0.0570% | 8h | 161.36 | −0.093% | $150K | $36K | 20x | |
| Extended GLW-USD | +0.0584% | 1h | 161.58 | +0.044% | $2K | $2K | 10x | as long as short |
| Binance GLWUSDT | +0.0584% | 8h | 161.61 | +0.064% | $11.0M | $21.2M | 20x | as long as short |
Orderly PERP_GLW_USDC_mythos
Bitget GLWUSDT
OKX GLW-USDT-SWAP
Extended GLW-USD
Binance GLWUSDT