Funding you earn now, next payment 16:00 UTC−0.0811%/8h= −88.8% APRnext payment −$8.11 per $10,000 · paid last 24h −0.011%
Price spread now: Bitget against GRVT−0.092%7-day average +0.061% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.092%, 7d avg +0.061%
=Together, before fees−0.209%+ Points / potential airdropGRVT: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Bitget is 0.153% cheaper against GRVT than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.221% in total (about -11.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.11 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 GS_USDT_Perp | 954.71 | 0.0811 | pay 0.0811% / 8h | 7h 19m | $200 | $114K | 10x |
| Short | Bitget GSUSDT | 953.83 | 0 | get 0.0000% / 8h | 7h 19m | $345K | $49K | 20x |
GRVT GS_USDT_Perp
Bitget GSUSDTFunding 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
- −$170.31
- Price spread: −0.092% → +0.061%
- −$15.35
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$206.66
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 8 min ago; Bitget: live order book, 6 min ago. Net counts fees only.
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, 8 min ago | 4.24 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 6 min ago | 22.19 bp | 35.1 bp −$35 | 61.7 bp −$617 | doesn't fit | doesn't fit |
GS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance GSUSDT | 0.0000% | 8h | 954.82 | +0.012% | $423K | $396K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 954.25 | −0.048% | $285K | $38K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 952.69 | −0.212% | $1.1M | $2.8M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 952.20 | −0.263% | $225K | $10K | 20x | as long as short |
| Bitget GSUSDTshort | 0.0000% | 8h | 953.83 | −0.092% | $345K | $49K | 20x | |
| HTX GS-USDT | 0.0000% | 8h | 954.22 | −0.051% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 967.67 | +1.357% | $11K | $39K | 12x | as long as short |
| GRVT GS_USDT_Perplong | +0.0811% | 8h | 954.71 | long leg | $200 | $114K | 10x | |
| edgeX GSUSDC | +0.0960% | 4h | 954.82 | +0.012% | $26K | $243K | 10x | as long as short |
Binance GSUSDT
Bybit GSUSDT
QFEX GS-USD
Gate GS_USDT
HTX GS-USDT
Injective GS/USDC PERP
edgeX GSUSDC