Funding you earn now, next payment 08:00 UTC−0.3724%/8h= −407.8% APRnext payment −$18.62 per $10,000 · paid last 24h −0.255%
Price spread now: GRVT against edgeX+0.055%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16.9Kas in the Funding arb table
Net, price: spread back to 7d avg − costs−$16.9Kas in the Price arb table
costs, in and out, $10k−$16.9K168.855% of the position
Funding, last 7 days−0.565%−$57 on $10k
+Price spread, last 4 days (all we have)+0.063%+$6 · spread now +0.055%, 7d avg +0.014%
=Together, before fees−0.503%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.040% dearer against edgeX than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.014%): +$4 on $10k if it goes back. Holding the pair costs −$112 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−0.565% 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 -0.565% in total (about -29.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$18.62 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 | edgeX LGELUSDC | 155.90 | −0.0784 | get 0.0392% / 4h | 40m 21s | $13K | $217K | 10x |
| Short | GRVT LGELECTRONICS_USDT_Perp | 155.99 | −0.4508 | pay 0.2254% / 4h | 40m 21s | $248 | $172K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- −$782.12
- Price spread: +0.055% → +0.014%
- $4.01
- Slippage, 4 orders
- −$16,867.53
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$17,663.64
- Costs to cover
- 168.855%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 62 min ago; GRVT: live order book, 57 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 edgeX live order book, 62 min ago | 11.09 bp | 68.2 bp −$68 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 57 min ago | 6.39 bp | 35.1 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
LGELECTRONICS on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget LGELECTRONICSUSDT | −0.4536% | 8h | 156.38 | +0.306% | $246K | $698K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perpshort | −0.4508% | 4h | 155.99 | +0.055% | $248 | $172K | 10x | |
| Gate LGELECTRONICS_USDT | −0.3432% | 4h | 155.72 | −0.118% | $106K | $63K | 20x | as long as short |
| MEXC LGELECTRONICS_USDT | −0.3324% | 4h | 156.25 | +0.222% | $237K | $134K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.3270% | 4h | 155.88 | −0.017% | $105K | $737K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.2428% | 8h | 156.10 | +0.126% | $103K | $96K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.2419% | 8h | 156.36 | +0.293% | $39K | $49K | 25x | as long as short |
| edgeX LGELUSDClong | −0.0784% | 4h | 155.90 | long leg | $13K | $217K | 10x | |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 155.89 | −0.008% | $9K | $40K | 10x | as long as short |
edgeX LGELUSDC
GRVT LGELECTRONICS_USDT_Perp
Bitget LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT