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

GS

RWAall GS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%
Price spread now: QFEX against GRVT−0.011%57s7-day average −0.239% · 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 4 days (all we have)−0.105%−$11 on $10k
Price spread, last 4 days (all we have)+0.081%+$8 · spread now −0.011%, 7d avg −0.239%
Together, before fees−0.024%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.228% dearer against GRVT than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.239%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT GS_USDT_Perp957.570get 0.0000% / 8h2h 11m$632$120K10x
ShortQFEX GS-USD957.460get 0.0000% / 1h11m 38s$1.1M$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against GRVT. 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
$0
Price spread: −0.011% → −0.239%
$22.82
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
$3.82
Costs to cover
0.190%
Break-even
from the start
Slippage unknown: GRVT: live order book, 31 min ago; QFEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 31 min ago4.70 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 6 min ago2.04 bp13.2 bp −$1315.6 bp −$156doesn'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 GSUSDC−0.0810%4h958.84+0.133%$26K$244K10xas long as short
Binance GSUSDT0.0000%8h958.03+0.049%$425K$384K20xas long as short
Bybit GSUSDT0.0000%8h956.93−0.066%$286K$43K25xas long as short
QFEX GS-USDshort0.0000%1h957.46−0.011%$1.1M$2.7M10x
Gate GS_USDT0.0000%8h956.80−0.080%$226K$8K20xas long as short
Bitget GSUSDT0.0000%8h958.55+0.103%$356K$38K20xas long as short
GRVT GS_USDT_Perplong0.0000%8h957.57long leg$632$120K10x
HTX GS-USDT0.0000%8h958.77+0.126%$9K$37K10xas long as short
Injective GS/USDC PERP+0.0220%1h978.89+2.227%$11K$39K12xas long as short