Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0810%/8h= +88.7% APRpaid last 24h −0.007%
Price spread now: GRVT against edgeX−0.133%7-day average −0.096% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.133%, 7d avg −0.096%
Together, before fees−0.039%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.037% cheaper against edgeX than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.096%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day). Mind the row above: over the last 7 days funding on this pair cost −0.137%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX GSUSDC958.84−0.0810get 0.0405% / 4h2h 11m$26K$244K10x
ShortGRVT GS_USDT_Perp957.570get 0.0000% / 8h2h 11m$632$120K10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$170.15
Price spread: −0.133% → −0.096%
−$3.68
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$148.47
Costs to cover
0.180%
Break-even
0.9 days
Slippage unknown: edgeX: live order book, 35 min ago; GRVT: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 35 min ago21.84 bp152.5 bp −$153doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 31 min ago4.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GSUSDClong−0.0810%4h958.84long leg$26K$244K10x
Binance GSUSDT0.0000%8h958.03−0.084%$425K$384K20xas long as short
Bybit GSUSDT0.0000%8h956.93−0.199%$286K$43K25xas long as short
QFEX GS-USD0.0000%1h957.46−0.144%$1.1M$2.7M10xas long as short
Gate GS_USDT0.0000%8h956.80−0.213%$226K$8K20xas long as short
Bitget GSUSDT0.0000%8h958.55−0.030%$356K$38K20xas long as short
GRVT GS_USDT_Perpshort0.0000%8h957.57−0.133%$632$120K10x
HTX GS-USDT0.0000%8h958.77−0.007%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h978.89+2.091%$11K$39K12xas long as short