Funding you earn now, next payment 08:00 UTC+0.2460%/8h= +269.4% APRpaid last 24h +0.256%
Price spread now: GRVT against Bitget−0.095%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,849as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,909as in the Price arb table
costs, in and out, $10k−$1,90219.023% of the position
Funding, last 7 days+0.533%+$53 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.095%, 7d avg −0.026%
=Together, before fees+0.536%+ Points / potential airdropGRVT: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.069% cheaper against Bitget than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of −0.026%). If the spread goes back, that is −$7 on $10k: about 2 hours of funding at the current rate (+$74 a day). At the pace of the last 7 days (+0.533% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.533% in total (about 27.8% 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 | Bitget HANMIUSDT | 178.55 | −0.2460 | get 0.2460% / 8h | 3h 54m | $40K | $2.0M | 20x |
| Short | GRVT HANMI_USDT_Perp | 178.38 | 0 | get 0.0000% / 4h | 3h 54m | $519 | $145K | 10x |
Bitget HANMIUSDT
GRVT HANMI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $516.6
- Price spread: −0.095% → −0.026%
- −$6.95
- Slippage, 4 orders
- −$1,881.33
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$1,392.68
- Costs to cover
- 19.023%
- Break-even
- 25.9 days
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 58 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 Bitget live order book, 2 min ago | 5.88 bp | 45.6 bp −$46 | 93.3 bp −$933 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 3.08 bp | 56.1 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
HANMI 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget HANMIUSDTlong | −0.2460% | 8h | 178.55 | long leg | $40K | $2.0M | 20x | |
| Binance HANMIUSDT | −0.2183% | 4h | 178.26 | −0.163% | $108K | $1.4M | 20x | as long as short |
| KuCoin HANMIUSDTM | −0.2026% | 4h | 178.35 | −0.112% | $12K | $501K | 20x | as long as short |
| Bybit HANMIUSDT | 0.0000% | 8h | 178.48 | −0.039% | $36K | $68K | 25x | as long as short |
| OKX HANMI-USDT-SWAP | 0.0000% | 8h | 178.40 | −0.084% | $15K | $205K | 20x | as long as short |
| Gate HANMI_USDT | 0.0000% | 4h | 178.71 | +0.090% | $52K | $27K | 20x | as long as short |
| GRVT HANMI_USDT_Perpshort | 0.0000% | 4h | 178.38 | −0.095% | $519 | $145K | 10x | |
| HTX HANMI-USDT | 0.0000% | 4h | 178.26 | −0.162% | $7K | $349K | 10x | as long as short |
| edgeX HANMIUSDC | +0.0406% | 4h | 178.25 | −0.169% | $18K | $259K | 10x | as long as short |
Binance HANMIUSDT
KuCoin HANMIUSDTM
Bybit HANMIUSDT
OKX HANMI-USDT-SWAP
Gate HANMI_USDT
HTX HANMI-USDT
edgeX HANMIUSDC