Funding you earn now, next payment 08:00 UTC+0.4640%/8h= +508.0% APRnext payment +$23.20 per $10,000 · paid last 24h +0.255%
Price spread now: edgeX against GRVT−0.153%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16.8Kas 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)+0.171%+$17 · spread now −0.153%, 7d avg −0.014%
=Together, before fees+0.736%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$74 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.139% cheaper against GRVT than usual: you would sell low and buy high (spread −0.153% now, against its 7-day average of −0.014%). If the spread goes back, that is −$14 on $10k: about 2 hours of funding at the current rate (+$139 a day). At the pace of the last 7 days (+0.565% in total) that is about 41 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 +$23.20 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 LGELECTRONICS_USDT_Perp | 156.68 | −0.4686 | get 0.2343% / 4h | 1h 31m | $315 | $177K | 10x |
| Short | edgeX LGELUSDC | 156.45 | −0.0046 | pay 0.0023% / 4h | 1h 31m | $13K | $217K | 10x |
GRVT LGELECTRONICS_USDT_Perp
edgeX LGELUSDCFunding 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
- $974.34
- Price spread: −0.153% → −0.014%
- −$13.85
- Slippage, 4 orders
- −$16,867.53
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$15,925.04
- Costs to cover
- 168.855%
- Break-even
- 121.4 days
Slippage from GRVT: live order book, 5 min ago; edgeX: live order book, 10 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, 5 min ago | 6.39 bp | 16759.6 bp −$16.8K | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 10 min ago | 11.09 bp | 22.6 bp −$23 | 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 | −0.5018% | 8h | 157.65 | +0.616% | $249K | $716K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perplong | −0.4686% | 4h | 156.68 | long leg | $315 | $177K | 10x | |
| MEXC LGELECTRONICS_USDT | −0.4364% | 4h | 157.43 | +0.476% | $235K | $133K | 20x | as long as short |
| Binance LGELECTRONICSUSDT | −0.4362% | 4h | 156.98 | +0.189% | $107K | $779K | 20x | as long as short |
| Gate LGELECTRONICS_USDT | −0.3794% | 4h | 156.65 | −0.022% | $107K | $62K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.2966% | 8h | 157.04 | +0.227% | $105K | $102K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1879% | 8h | 156.85 | +0.106% | $40K | $52K | 25x | as long as short |
| edgeX LGELUSDCshort | −0.0046% | 4h | 156.45 | −0.153% | $13K | $217K | 10x | |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 156.87 | +0.118% | $9K | $39K | 10x | as long as short |
Bitget LGELECTRONICSUSDT
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
HTX LGELECTRONICS-USDT