Funding you earn now, next payment 08:00 UTC+0.2812%/8h= +307.9% APRpaid last 24h +0.314%
Price spread now: edgeX against GRVT−0.027%7-day average +0.055% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.131%+$113 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.027%, 7d avg +0.055%
=Together, before fees+1.165%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$116 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.082% cheaper against GRVT than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.055%). If the spread goes back, that is −$8 on $10k: about 2 hours of funding at the current rate (+$84 a day). At the pace of the last 7 days (+1.131% in total) that is about 12 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.131% in total (about 59.0% a year). A funding rate is set anew for every payment. 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 KODEX200_USDT_Perp | 82.160 | −0.1880 | get 0.1880% / 8h | 1h 29m | $642 | $114K | 10x |
| Short | edgeX KODEX200USDC | 82.137 | 0.0932 | get 0.0466% / 4h | 1h 29m | $18K | $236K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $590.48
- Price spread: −0.027% → +0.055%
- −$8.24
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $564.24
- Costs to cover
- 0.180%
- Break-even
- 0.3 days
Slippage unknown: GRVT: live order book, 7 min ago; edgeX: live order book, 12 min ago. Net counts fees only.
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, 7 min ago | 6.70 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 17.02 bp | 27.0 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
KODEX200 on 7 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT KODEX200_USDT_Perplong | −0.1880% | 8h | 82.160 | long leg | $642 | $114K | 10x | |
| MEXC KODEX200_USDT | −0.1540% | 4h | 82.110 | −0.061% | $115K | $89K | 20x | as long as short |
| Binance KODEX200USDT | −0.1531% | 4h | 82.150 | −0.012% | $72K | $83K | 20x | as long as short |
| Bybit KODEX200USDT | 0.0000% | 8h | 82.130 | −0.037% | $33K | $13K | 25x | as long as short |
| Gate KODEX200_USDT | 0.0000% | 4h | 81.990 | −0.207% | $19K | $97 | 20x | as long as short |
| HTX KODEX200-USDT | 0.0000% | 4h | 82.210 | +0.061% | $8K | $335K | 10x | as long as short |
| edgeX KODEX200USDCshort | +0.0932% | 4h | 82.137 | −0.027% | $18K | $236K | 10x |
GRVT KODEX200_USDT_Perp
edgeX KODEX200USDC
MEXC KODEX200_USDT
Binance KODEX200USDT
Bybit KODEX200USDT
Gate KODEX200_USDT
HTX KODEX200-USDT