Funding you earn now, next payment 05:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.027%
Price spread now: GRVT against tradeXYZ−0.001%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$760.755% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now −0.001%, 7d avg +0.110%
=Together, before fees−0.266%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and GRVT is 0.111% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:HYUNDAI | 267.01 | 0.0996 | pay 0.0124% / 1h | 37m 28s | $948K | $1.3M | 10x |
| Short | GRVT HYUNDAI_USDT_Perp | 267.01 | 0.0840 | get 0.0420% / 4h | 3h 37m | $2K | $137K | 10x |
tradeXYZ xyz:HYUNDAI
GRVT HYUNDAI_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against tradeXYZ. 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
- −$32.71
- Price spread: −0.001% → +0.110%
- −$11.08
- Slippage, 4 orders
- −$48.51
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$119.3
- Costs to cover
- 0.755%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; GRVT: live order book, 10 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 tradeXYZ live order book, 10 min ago | 2.43 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 10 min ago | 3.37 bp | 23.1 bp −$23 | 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 | 266.62 | −0.146% | $10K | $1K | 20x | as long as short |
| Binance HYUNDAIUSDT | 0.0000% | 4h | 266.95 | −0.023% | $1.8M | $1.5M | 25x | as long as short |
| Gate HYUNDAI_USDT | 0.0000% | 4h | 267.20 | +0.071% | $848K | $867K | 25x | as long as short |
| SunX HYUNDAI-USDT | 0.0000% | 4h | 266.85 | −0.060% | $1K | $701K | 10x | as long as short |
| HTX HYUNDAI-USDT | 0.0000% | 4h | 266.06 | −0.356% | $7K | $31K | 20x | as long as short |
| Phemex HYUNDAIUSDT | 0.0000% | 8h | 267.02 | +0.004% | $2.3M | $109K | 10x | as long as short |
| Bitget HYUNDAIUSDT | +0.0066% | 4h | 267.00 | −0.004% | $828K | $630K | 20x | as long as short |
| KuCoin HYUNDAIUSDTM | +0.0100% | 4h | 266.72 | −0.109% | $344K | $1.3M | 20x | as long as short |
| Bybit HYUNDAIUSDT | +0.0207% | 8h | 267.22 | +0.079% | $150K | $72K | 25x | as long as short |
| OKX HYUNDAI-USDT-SWAP | +0.0213% | 8h | 266.95 | −0.022% | $134K | $132K | 25x | as long as short |
Aster HYUNDAIUSDT
Binance HYUNDAIUSDT
Gate HYUNDAI_USDT
SunX HYUNDAI-USDT
HTX HYUNDAI-USDT
Phemex HYUNDAIUSDT
Bitget HYUNDAIUSDT
KuCoin HYUNDAIUSDTM
Bybit HYUNDAIUSDT
OKX HYUNDAI-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT HYUNDAI_USDT_Perpshort | +0.0840% | 4h | 267.01 | −0.001% | $2K | $137K | 10x | |
| tradeXYZ xyz:HYUNDAIlong | +0.0996% | 1h | 267.01 | long leg | $948K | $1.3M | 10x |