Funding you earn now, next payment 08:00 UTC+0.0062%/8h= +6.8% APRnext payment +$0.62 per $10,000 · paid last 24h +0.034%
Price spread now: GRVT against Phemex−0.032%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1091.093% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.095%−$10 · spread now −0.032%, 7d avg 0.000%
=Together, before fees−0.026%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.032% cheaper against Phemex than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 41 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex INTCUSDT | 123.24 | 0 | get 0.0000% / 8h | 4h 21m | $1.7M | $50K | 10x |
| Short | GRVT INTC_USDT_Perp | 123.20 | 0.0062 | get 0.0062% / 8h | 4h 21m | $923K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phemex. 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
- $13.02
- Price spread: −0.032% → 0.000%
- −$3.18
- Slippage, 4 orders
- −$88.25
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$99.41
- Costs to cover
- 1.093%
- Break-even
- 60.4 days
Slippage from Phemex: live order book, 2 min ago; GRVT: live order book, 2 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 Phemex live order book, 2 min ago | 0.41 bp | 39.5 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 2.03 bp | 11.9 bp −$12 | 18.9 bp −$189 | doesn't fit | doesn't fit |
INTC on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado INTC-PERP | −0.0067% | 1h | 123.14 | −0.081% | $172K | $282K | 10x | as long as short |
| Aster INTCUSDT | 0.0000% | 8h | 123.15 | −0.075% | $307K | $522K | 20x | as long as short |
| Bybit INTCUSDT | 0.0000% | 8h | 123.22 | −0.016% | $13.1M | $28.5M | 50x | as long as short |
| Gate INTC_USDT | 0.0000% | 8h | 123.21 | −0.024% | $8.6M | $30.2M | 75x | as long as short |
| Bitget INTCUSDT | 0.0000% | 8h | 123.26 | +0.016% | $25.5M | $32.1M | 50x | as long as short |
| Deribit INTC_USDC-PERPETUAL | 0.0000% | 1h | 123.14 | −0.081% | $21K | $107K | 10x | as long as short |
| Phemex INTCUSDTlong | 0.0000% | 8h | 123.24 | long leg | $1.7M | $50K | 10x | |
| Lighter RH INTC | +0.0032% | 1h | 123.21 | −0.024% | $671K | $2.9M | 10x | as long as short |
| Injective INTC/USDC PERP | +0.0033% | 1h | 121.34 | −1.542% | $213 | $22K | 12x | as long as short |
| Arcus INTC-USD | +0.0040% | 1h | 123.13 | −0.089% | $93K | $307K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps INTCUSD | +0.0042% | 1h | 123.10 | −0.116% | $2K | $52K | 10x | as long as short |
| Vest INTC-USD-PERP | +0.0046% | 1h | 123.20 | −0.032% | — | $1.5M | 25x | as long as short |
| SoDEX INTC-USD | +0.0050% | 1h | 123.21 | −0.024% | $27K | $4K | 10x | as long as short |
| Ondo Perps INTC-USD.P | +0.0050% | 1h | 123.02 | −0.179% | $1.3M | $2.1M | 10x | as long as short |
| OKX INTC-USDT-SWAP | +0.0053% | 8h | 123.23 | −0.008% | $18.8M | $67.6M | 25x | as long as short |
| QFEX INTC-USD | +0.0060% | 1h | 123.22 | −0.016% | $1.6M | $12.3M | 10x | as long as short |
| GRVT INTC_USDT_Perpshort | +0.0062% | 8h | 123.20 | −0.032% | $923K | $1.4M | 10x | |
| ApeX Omni INTCUSDT | +0.0100% | 1h | 123.10 | −0.114% | $48K | $261K | 50x | as long as short |
| Orderly PERP_INTC_USDC_mythos | +0.0100% | 8h | 123.19 | −0.041% | $4K | $3K | 10x | as long as short |
| Paradex INTC-USD-PERP | +0.0107% | 8h | 123.21 | −0.025% | — | — | 5x | as long as short |
| Polymarket Perps INTC-USD | +0.0115% | 1h | 123.24 | 0.000% | $212K | $481K | 10x | as long as short |
| Aevo INTC-PERP | +0.0120% | 1h | 123.22 | −0.016% | $50K | — | 10x | as long as short |
| Variational Omni INTC | +0.0121% | 8h | 123.09 | −0.120% | $2.1M | $2.5M | — | as long as short |
| Coinbase International INTC-PERP-INTX | +0.0144% | 1h | 123.13 | −0.089% | $262K | $855K | 10x | as long as short |
| Extended INTC_24_5-USD | +0.0160% | 1h | 123.19 | −0.043% | $345K | $1.8M | 10x | as long as short |
| Binance INTCUSDT | +0.0161% | 8h | 123.22 | −0.016% | $72.7M | $400.0M | 25x | as long as short |
| KuCoin INTCUSDTM | +0.0189% | 8h | 123.16 | −0.065% | $1.1M | $104K | 20x | as long as short |
| BloFin INTC-USDT | +0.0280% | 8h | 123.23 | −0.008% | $929K | $306K | 25x | as long as short |
| tradeXYZ xyz:INTC | +0.0320% | 1h | 123.21 | −0.024% | $147.3M | $69.0M | 10x | as long as short |
| Lighter INTC | +0.0320% | 1h | 123.20 | −0.028% | $1.5M | $2.1M | 10x | as long as short |
| Phoenix INTC | +0.0324% | 1h | 123.10 | −0.114% | $47K | $265K | 10x | as long as short |
| edgeX INTCUSDC | +0.0399% | 4h | 123.17 | −0.060% | $87K | $293K | 10x | as long as short |
| RISEx INTC/USDC | +0.0415% | 1h | 123.27 | +0.026% | $348K | $368K | 10x | as long as short |
Phemex INTCUSDT
GRVT INTC_USDT_Perp
Aster INTCUSDT
Bybit INTCUSDT
Gate INTC_USDT
Bitget INTCUSDT
Deribit INTC_USDC-PERPETUAL
Lighter RH INTC
Injective INTC/USDC PERP
Aftermath Perps INTCUSD
SoDEX INTC-USD
OKX INTC-USDT-SWAP
ApeX Omni INTCUSDT
Paradex INTC-USD-PERP
Polymarket Perps INTC-USD
Variational Omni INTC
Coinbase International INTC-PERP-INTX
Extended INTC_24_5-USD
Binance INTCUSDT
KuCoin INTCUSDTM
BloFin INTC-USDT
tradeXYZ xyz:INTC
Lighter INTC
Phoenix INTC
edgeX INTCUSDC
RISEx INTC/USDC