Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.044%
Price spread now: GRVT against Phemex−0.006%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1271.275% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now −0.006%, 7d avg +0.009%
=Together, before fees+0.197%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex IWMUSDT | 285.07 | 0 | get 0.0000% / 8h | 7h 44m | $764K | $84K | 10x |
| Short | GRVT IWM_USDT_Perp | 285.05 | 0 | get 0.0000% / 8h | 7h 44m | $687 | $101K | 10x |
Phemex IWMUSDT
GRVT IWM_USDT_PerpFunding 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
- $0
- Price spread: −0.006% → +0.009%
- −$1.48
- Slippage, 4 orders
- −$106.47
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$128.95
- Costs to cover
- 1.275%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 53 min ago; GRVT: live order book, 48 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, 53 min ago | 1.58 bp | 53.6 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 48 min ago | 1.92 bp | 17.7 bp −$18 | 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 | 284.78 | −0.100% | $2K | $221 | 20x | as long as short |
| Bybit IWMUSDT | 0.0000% | 8h | 284.73 | −0.119% | $563K | $73K | 25x | as long as short |
| OKX IWM-USDT-SWAP | 0.0000% | 8h | 284.90 | −0.060% | $437K | $158K | 20x | as long as short |
| Gate IWM_USDT | 0.0000% | 8h | 284.95 | −0.042% | $601K | $163K | 20x | as long as short |
| Bitget IWMUSDT | 0.0000% | 8h | 284.89 | −0.063% | $441K | $15K | 20x | as long as short |
| Variational Omni IWM | 0.0000% | 8h | 284.92 | −0.052% | $169K | $217K | — | as long as short |
| GRVT IWM_USDT_Perpshort | 0.0000% | 8h | 285.05 | −0.006% | $687 | $101K | 10x | |
| SunX IWM-USDT | 0.0000% | 8h | 285.07 | 0.000% | $770 | $461K | 10x | as long as short |
| HTX IWM-USDT | 0.0000% | 8h | 284.85 | −0.077% | $595 | $38K | 20x | as long as short |
| Phemex IWMUSDTlong | 0.0000% | 8h | 285.07 | long leg | $764K | $84K | 10x |
Aster IWMUSDT
Bybit IWMUSDT
OKX IWM-USDT-SWAP
Gate IWM_USDT
Bitget IWMUSDT
Variational Omni IWM
SunX IWM-USDT
HTX IWM-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter IWM | +0.0032% | 1h | 284.86 | −0.074% | $74K | $19K | 10x | as long as short |
| Markets by Kinetiq mkts:SMALL2000 | +0.0046% | 1h | 284.62 | −0.158% | $564K | $358K | 20x | as long as short |
| Vest IWM-USD-PERP | +0.0046% | 1h | 284.67 | −0.140% | — | $1K | 25x | as long as short |
| BloFin IWM-USDT | +0.0063% | 8h | 285.00 | −0.025% | $67K | $33K | 20x | as long as short |
| MEXC IWM_USDT | +0.0079% | 8h | 284.84 | −0.081% | $880K | $83K | 50x | as long as short |
| Binance IWMUSDT | +0.0080% | 8h | 284.86 | −0.074% | $1.1M | $1.2M | 20x | as long as short |
| KuCoin IWMUSDTM | +0.0100% | 8h | 284.99 | −0.028% | $141K | $910K | 20x | as long as short |
Lighter IWM
Markets by Kinetiq mkts:SMALL2000
Vest IWM-USD-PERP
BloFin IWM-USDT
MEXC IWM_USDT
Binance IWMUSDT
KuCoin IWMUSDTM