Funding you earn now, next payment 16:00 UTC−0.0361%/8h= −39.5% APRnext payment −$3.61 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against GRVT−0.015%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$246as in the Price arb table
costs, in and out, $10k−$2522.517% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.015%, 7d avg −0.077%
=Together, before fees−0.083%+ Points / potential airdropGRVT: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.062% dearer against GRVT than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.077%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours. 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 −$3.61 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 | GRVT IWM_USDT_Perp | 285.25 | 0.0361 | pay 0.0361% / 8h | 7h 57m | $964 | $101K | 10x |
| Short | Gate IWM_USDT | 285.21 | 0 | get 0.0000% / 8h | 7h 57m | $608K | $156K | 20x |
GRVT IWM_USDT_Perp
Gate IWM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against GRVT. 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
- −$75.81
- Price spread: −0.015% → −0.077%
- $6.15
- Slippage, 4 orders
- −$227.7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$321.36
- Costs to cover
- 2.517%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 35 min ago; Gate: live order book, 39 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 GRVT live order book, 35 min ago | 1.92 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 39 min ago | 7.70 bp | 206.9 bp −$207 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IWMUSDT | 0.0000% | 8h | 285.06 | −0.066% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 284.86 | −0.138% | $560K | $68K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 285.13 | −0.043% | $437K | $158K | 20x | as long as short |
| Gate IWM_USDTshort | 0.0000% | 8h | 285.21 | −0.015% | $608K | $156K | 20x | |
| Bitget IWMUSDT | 0.0000% | 8h | 285.23 | −0.008% | $441K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 285.36 | +0.036% | $169K | $217K | — | as long as short |
| SunX IWM-USDT | 0.0000% | 8h | 284.88 | −0.131% | $630 | $463K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 285.25 | −0.001% | $505 | $38K | 20x | as long as short |
| Phemex IWMUSDT | 0.0000% | 8h | 285.16 | −0.033% | $764K | $83K | 10x | as long as short |
| Lighter IWM | +0.0032% | 1h | 285.50 | +0.087% | $74K | $19K | 10x | as long as short |
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDT
Phemex IWMUSDT
Lighter IWMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 284.75 | −0.176% | $565K | $358K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 284.81 | −0.155% | — | $1K | 25x | as long as short |
| MEXC IWM_USDT | +0.0088% | 8h | 285.02 | −0.082% | $881K | $83K | 50x | as long as short |
| Binance IWMUSDT | +0.0090% | 8h | 285.11 | −0.050% | $1.1M | $1.2M | 20x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 285.39 | +0.048% | $140K | $909K | 20x | as long as short |
| BloFin IWM-USDT | +0.0119% | 8h | 285.15 | −0.036% | $67K | $33K | 20x | as long as short |
| GRVT IWM_USDT_Perplong | +0.0361% | 8h | 285.25 | long leg | $964 | $101K | 10x |
Markets by Kinetiq mkts:SMALL2000
Vest IWM-USD-PERP
MEXC IWM_USDT
Binance IWMUSDT
KuCoin IWMUSDTM
BloFin IWM-USDT