Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h +0.012%
Price spread now: Bitget against GRVT−0.017%93s7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as 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−$280.277% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.017%, 7d avg +0.005%
=Together, before fees+0.148%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.022% cheaper against GRVT than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.005%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.057%, so the current rate has only just turned against you. The two prices were read 93 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 GOOGL_USDT_Perp | 357.66 | 0.0023 | pay 0.0023% / 8h | 3h 01m | $24K | $442K | 10x |
| Short | Bitget GOOGLUSDT | 357.60 | 0 | get 0.0000% / 8h | 3h 01m | $17.5M | $9.7M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$4.83
- Price spread: −0.017% → +0.005%
- −$2.18
- Slippage, 4 orders
- −$6.74
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.75
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 51 min ago; Bitget: 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, 51 min ago | 1.26 bp | 6.1 bp −$6 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.70 bp | 7.5 bp −$7 | 10.5 bp −$105 | doesn't fit | doesn't fit |
GOOGL on 36 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GOOGL_USDT | 0.0000% | 8h | 357.48 | −0.050% | $3.6M | $7.4M | 100x | as long as short |
| Bitget GOOGLUSDTshort | 0.0000% | 8h | 357.60 | −0.017% | $17.5M | $9.7M | 100x | |
| SunX GOOGL-USDT | 0.0000% | 8h | 357.59 | −0.020% | $1K | $4.1M | 20x | as long as short |
| Deribit GOOGL_USDC-PERPETUAL | 0.0000% | 1h | 357.38 | −0.078% | $24K | $156K | 10x | as long as short |
| HTX GOOGL-USDT | 0.0000% | 8h | 357.70 | +0.011% | $115K | $216K | 30x | as long as short |
| Phemex GOOGLUSDT | 0.0000% | 4h | 357.68 | +0.006% | $2.7M | $87K | 10x | as long as short |
| Nado GOOGL-PERP | +0.0005% | 1h | 357.46 | −0.055% | $558K | $86K | 20x | as long as short |
| Coinbase International GOOGL-PERP-INTX | +0.0016% | 1h | 357.67 | +0.003% | $522K | $1.1M | 10x | as long as short |
| Aftermath Perps GOOGLUSD | +0.0022% | 1h | 357.52 | −0.039% | $144K | $47K | 10x | as long as short |
| GRVT GOOGL_USDT_Perplong | +0.0023% | 8h | 357.66 | long leg | $24K | $442K | 10x |
Show all 36 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni GOOGL | +0.0029% | 8h | 357.57 | −0.024% | $4.8M | $2.4M | — | as long as short |
| Lighter RH GOOGL | +0.0032% | 1h | 357.56 | −0.028% | $1.3M | $2.1M | 20x | as long as short |
| Injective GOOGL/USDC PERP | +0.0033% | 1h | 357.12 | −0.151% | $128K | $45K | 30x | as long as short |
| Arcus GOOGL-USD | +0.0040% | 1h | 357.35 | −0.087% | $207K | $279K | 10x | as long as short |
| Vest GOOGL-USD-PERP | +0.0046% | 1h | 357.72 | +0.017% | — | $5K | 25x | as long as short |
| tradeXYZ xyz:GOOGL | +0.0050% | 1h | 357.41 | −0.070% | $99.2M | $20.7M | 20x | as long as short |
| Polymarket Perps GOOG-USD | +0.0050% | 1h | 357.39 | −0.075% | $686K | $429K | 10x | as long as short |
| SoDEX GOOGL-USD | +0.0050% | 1h | 357.40 | −0.073% | $159 | $46K | 10x | as long as short |
| Ondo Perps GOOGL-USD.P | +0.0050% | 1h | 357.18 | −0.134% | $2.3M | $4.9M | 15x | as long as short |
| OKX GOOGL-USDT-SWAP | +0.0063% | 8h | 357.53 | −0.036% | $13.7M | $12.5M | 50x | as long as short |
| QFEX GOOGL-USD | +0.0064% | 1h | 357.52 | −0.039% | $1.3M | $4.2M | 10x | as long as short |
| Paradex GOOGL-USD-PERP | +0.0064% | 8h | 357.59 | −0.020% | $293 | $253 | 5x | as long as short |
| Aster GOOGLUSDT | +0.0080% | 8h | 357.53 | −0.036% | $366K | $426K | 20x | as long as short |
| Extended GOOGL-USD | +0.0096% | 1h | 357.49 | −0.049% | $419K | $1.2M | 20x | as long as short |
| Binance GOOGLUSDT | +0.0099% | 8h | 357.61 | −0.014% | $72.3M | $142.9M | 50x | as long as short |
| Pacifica GOOGL | +0.0100% | 1h | 357.43 | −0.064% | $42K | $41K | 10x | as long as short |
| KuCoin GOOGLUSDTM | +0.0100% | 8h | 357.50 | −0.045% | $3.0M | $106K | 20x | as long as short |
| ApeX Omni GOOGLUSDT | +0.0100% | 1h | 357.44 | −0.062% | $22K | $10K | 50x | as long as short |
| Orderly PERP_GOOGL_USDC | +0.0100% | 8h | 357.44 | −0.062% | $10K | $11K | 20x | as long as short |
| Aevo GOOGL-PERP | +0.0104% | 1h | 357.47 | −0.054% | $25K | — | 10x | as long as short |
| edgeX GOOGLUSDC | +0.0117% | 4h | 357.55 | −0.032% | $208K | $1.2M | 10x | as long as short |
| Hotstuff GOOGL-PERP | +0.0144% | 1h | 357.42 | −0.067% | $33K | — | 20x | as long as short |
| Phoenix GOOGL | +0.0179% | 1h | 357.50 | −0.045% | $138K | $36K | 20x | as long as short |
| Lighter GOOGL | +0.0184% | 1h | 357.59 | −0.020% | $2.0M | $1.3M | 20x | as long as short |
| BloFin GOOGL-USDT | +0.0221% | 8h | 357.61 | −0.014% | $693K | $235K | 20x | as long as short |
| Bybit GOOGLUSDT | +0.0236% | 8h | 357.65 | −0.003% | $12.0M | $7.5M | 100x | as long as short |
GRVT GOOGL_USDT_Perp
Bitget GOOGLUSDT
Gate GOOGL_USDT
SunX GOOGL-USDT
Deribit GOOGL_USDC-PERPETUAL
HTX GOOGL-USDT
Phemex GOOGLUSDT
Coinbase International GOOGL-PERP-INTX
Aftermath Perps GOOGLUSD
Variational Omni GOOGL
Lighter RH GOOGL
Injective GOOGL/USDC PERP
tradeXYZ xyz:GOOGL
Polymarket Perps GOOG-USD
SoDEX GOOGL-USD
OKX GOOGL-USDT-SWAP
Paradex GOOGL-USD-PERP
Aster GOOGLUSDT
Extended GOOGL-USD
Binance GOOGLUSDT
Pacifica GOOGL
KuCoin GOOGLUSDTM
ApeX Omni GOOGLUSDT
edgeX GOOGLUSDC
Phoenix GOOGL
Lighter GOOGL
BloFin GOOGL-USDT
Bybit GOOGLUSDT