Funding you earn now, next payment 08:00 UTC−0.0810%/8h= −88.7% APRpaid last 24h +0.007%
Price spread now: edgeX against GRVT+0.133%7-day average +0.096% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.137%+$14 on $10k
+Price spread, last 4 days (all we have)−0.098%−$10 · spread now +0.133%, 7d avg +0.096%
=Together, before fees+0.039%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.037% dearer against GRVT than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.096%): +$4 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.137%, so the current rate has only just turned against you.
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT GS_USDT_Perp | 957.57 | 0 | get 0.0000% / 8h | 2h 11m | $632 | $120K | 10x |
| Short | edgeX GSUSDC | 958.84 | −0.0810 | pay 0.0405% / 4h | 2h 11m | $26K | $244K | 10x |
GRVT GS_USDT_Perp
edgeX GSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$170.15
- Price spread: +0.133% → +0.096%
- $3.7
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$184.45
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 31 min ago; edgeX: live order book, 36 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, 31 min ago | 4.70 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 36 min ago | 21.84 bp | 149.8 bp −$150 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX GSUSDCshort | −0.0810% | 4h | 958.84 | +0.133% | $26K | $244K | 10x | |
| Binance GSUSDT | 0.0000% | 8h | 958.03 | +0.049% | $425K | $384K | 20x | as long as short |
| Bybit GSUSDT | 0.0000% | 8h | 956.93 | −0.066% | $286K | $43K | 25x | as long as short |
| QFEX GS-USD | 0.0000% | 1h | 957.46 | −0.011% | $1.1M | $2.7M | 10x | as long as short |
| Gate GS_USDT | 0.0000% | 8h | 956.80 | −0.080% | $226K | $8K | 20x | as long as short |
| Bitget GSUSDT | 0.0000% | 8h | 958.55 | +0.103% | $356K | $38K | 20x | as long as short |
| GRVT GS_USDT_Perplong | 0.0000% | 8h | 957.57 | long leg | $632 | $120K | 10x | |
| HTX GS-USDT | 0.0000% | 8h | 958.77 | +0.126% | $9K | $37K | 10x | as long as short |
| Injective GS/USDC PERP | +0.0220% | 1h | 978.89 | +2.227% | $11K | $39K | 12x | as long as short |
Binance GSUSDT
Bybit GSUSDT
QFEX GS-USD
Gate GS_USDT
Bitget GSUSDT
HTX GS-USDT
Injective GS/USDC PERP