Funding you earn now, next payment 08:00 UTC+0.0557%/8h= +61.0% APRnext payment +$5.57 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate+0.022%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$262as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.022%, 7d avg +0.081%
=Together, before fees+0.049%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.059% cheaper against Gate than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.081%). If the spread goes back, that is −$6 on $10k: about 8 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.038% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.57 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 IWM_USDT | 285.72 | 0 | get 0.0000% / 8h | 3h 52m | $611K | $155K | 20x |
| Short | GRVT IWM_USDT_Perp | 285.78 | 0.0557 | get 0.0557% / 8h | 3h 52m | $289 | $114K | 10x |
Gate IWM_USDT
GRVT IWM_USDT_PerpFunding 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
- $116.97
- Price spread: +0.022% → +0.081%
- −$5.88
- Slippage, 4 orders
- −$232.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$144.92
- Costs to cover
- 2.560%
- Break-even
- 15.7 days
Slippage from Gate: live order book, 63 min ago; GRVT: live order book, 60 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, 63 min ago | 8.05 bp | 17.4 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 60 min ago | 1.23 bp | 25.5 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
IWM on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin IWM-USDT | −0.0021% | 8h | 285.77 | +0.017% | $65K | $32K | 20x | as long as short |
| Aster IWMUSDT | 0.0000% | 8h | 285.58 | −0.049% | $2K | $221 | 20x | as long as short |
| Binance IWMUSDT | 0.0000% | 8h | 285.76 | +0.014% | $1.0M | $1.1M | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 285.47 | −0.087% | $553K | $60K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.56 | −0.056% | $399K | $114K | 20x | as long as short |
| Gate IWM_USDTlong | 0.0000% | 8h | 285.72 | long leg | $611K | $155K | 20x | |
| MEXC IWM_USDT | 0.0000% | 8h | 285.66 | −0.021% | $885K | $86K | 50x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 285.72 | 0.000% | $443K | $14K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.71 | −0.002% | $153K | $201K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 285.57 | −0.052% | $1K | $421K | 10x | as long as short |
BloFin IWM-USDT
Aster IWMUSDT
Binance IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
MEXC IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IWM-USDT | 0.0000% | 8h | 285.66 | −0.021% | $383 | $37K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.75 | +0.010% | $764K | $73K | 10x | as long as short |
| Lighter IWM | +0.0032% | 1h | 286.17 | +0.157% | $75K | $19K | 10x | as long as short |
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 285.56 | −0.056% | $566K | $370K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 285.39 | −0.115% | — | — | 25x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.92 | +0.070% | $138K | $860K | 20x | as long as short |
| GRVT IWM_USDT_Perpshort | +0.0557% | 8h | 285.78 | +0.022% | $289 | $114K | 10x |
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWM
Markets by Kinetiq mkts:SMALL2000
Vest IWM-USD-PERP
KuCoin IWMUSDTM