Funding you earn now, next payment 08:00 UTC+0.1132%/8h= +124.0% APRnext payment +$5.66 per $10,000 · paid last 24h +0.060%
Price spread now: GRVT against Gate+0.005%111s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1271.270% of the position
Funding, last 7 days+0.382%+$38 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now +0.005%, 7d avg +0.013%
=Together, before fees+0.468%+ Points / potential airdropGRVT: Active · farm board+$47 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$34 a day on $10k at the current rate. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.382% in total (about 19.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.66 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 | Gate HYUNDAI_USDT | 267.80 | 0 | get 0.0000% / 4h | 3h 47m | $845K | $857K | 25x |
| Short | GRVT HYUNDAI_USDT_Perp | 267.81 | 0.1132 | get 0.0566% / 4h | 3h 47m | $2K | $136K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $237.72
- Price spread: +0.005% → +0.013%
- −$0.76
- Slippage, 4 orders
- −$103.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $109.92
- Costs to cover
- 1.270%
- Break-even
- 3.8 days
Slippage from Gate: live order book, 49 min ago; GRVT: live order book, 65 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 Gate live order book, 49 min ago | 3.72 bp | 35.2 bp −$35 | 145.8 bp −$1,458 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 65 min ago | 3.53 bp | 20.9 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
HYUNDAI on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster HYUNDAIUSDT | 0.0000% | 4h | 267.30 | −0.187% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 267.40 | −0.149% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDTlong | 0.0000% | 4h | 267.80 | long leg | $845K | $857K | 25x | |
| Bitget HYUNDAIUSDT | 0.0000% | 4h | 267.61 | −0.071% | $828K | $629K | 20x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 267.48 | −0.119% | $945 | $702K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 267.79 | −0.004% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 267.36 | −0.164% | $2.3M | $108K | 10x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 267.46 | −0.127% | $346K | $1.3M | 20x | as long as short |
| Bybit HYUNDAIUSDT | +0.0176% | 8h | 267.65 | −0.056% | $150K | $73K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0184% | 8h | 267.51 | −0.108% | $135K | $131K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:HYUNDAI | +0.1079% | 1h | 267.59 | −0.078% | $950K | $1.4M | 10x | as long as short |
| GRVT HYUNDAI_USDT_Perpshort | +0.1132% | 4h | 267.81 | +0.005% | $2K | $136K | 10x |
Gate HYUNDAI_USDT
GRVT HYUNDAI_USDT_Perp
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Bitget HYUNDAIUSDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAP
tradeXYZ xyz:HYUNDAI