Funding you earn now, next payment 08:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.188%
Price spread now: MEXC against GRVT−0.006%97s7-day average +0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.198%+$20 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.006%, 7d avg +0.066%
=Together, before fees+0.157%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.071% cheaper against GRVT than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.066%). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.198% in total) that is about 2.5 days. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.198% in total (about 10.3% 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 | 82.095 | −0.1858 | get 0.1858% / 8h | 1h 23m | $579 | $113K | 10x |
| Short | MEXC KODEX200_USDT | 82.090 | −0.1470 | pay 0.0735% / 4h | 1h 23m | $115K | $89K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $81.48
- Price spread: −0.006% → +0.066%
- −$7.13
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $65.35
- Costs to cover
- 0.090%
- Break-even
- 1.4 days
Slippage unknown: GRVT: live order book, 13 min ago; MEXC: live order book, 56 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, 13 min ago | 6.70 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 56 min ago | 15.83 bp | 47.1 bp −$47 | 242.2 bp −$2,422 | 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 | −0.1858% | 8h | 82.095 | long leg | $579 | $113K | 10x | |
| MEXC KODEX200_USDTshort | −0.1470% | 4h | 82.090 | −0.006% | $115K | $89K | 20x | |
| Binance KODEX200USDT | −0.1463% | 4h | 82.090 | −0.006% | $71K | $83K | 20x | as long as short |
| Bybit KODEX200USDT | 0.0000% | 8h | 82.180 | +0.104% | $33K | $13K | 25x | as long as short |
| Gate KODEX200_USDT | 0.0000% | 4h | 81.990 | −0.127% | $19K | $97 | 20x | as long as short |
| HTX KODEX200-USDT | 0.0000% | 4h | 82.060 | −0.042% | $8K | $335K | 10x | as long as short |
| edgeX KODEX200USDC | +0.0543% | 4h | 82.140 | +0.055% | $18K | $234K | 10x | as long as short |
GRVT KODEX200_USDT_Perp
MEXC KODEX200_USDT
Binance KODEX200USDT
Bybit KODEX200USDT
Gate KODEX200_USDT
HTX KODEX200-USDT
edgeX KODEX200USDC