Funding you earn now, next payment 08:00 UTC−0.0484%/8h= −53.0% APRnext payment −$2.42 per $10,000 · paid last 24h +0.006%
Price spread now: MEXC against GRVT+0.452%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7,422as in the Funding arb table
Net, price: spread back to 7d avg − costs−$7,381as in the Price arb table
costs, in and out, $10k−$7,43074.299% of the position
Funding, last 7 days+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)−0.682%−$68 · spread now +0.452%, 7d avg −0.038%
=Together, before fees−0.605%+ Points / potential airdropGRVT: Active · farm board−$61 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.489% dearer against GRVT than usual: you sell high and buy low (spread +0.452% now, against its 7-day average of −0.038%): +$49 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 3.4 days. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.42 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 | 157.82 | −0.4638 | get 0.2319% / 4h | 2h 51m | $526 | $175K | 10x |
| Short | MEXC LGELECTRONICS_USDT | 158.53 | −0.5122 | pay 0.2561% / 4h | 2h 51m | $225K | $126K | 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
- −$101.64
- Price spread: +0.452% → −0.038%
- $48.94
- Slippage, 4 orders
- −$7,420.89
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$7,482.59
- Costs to cover
- 74.299%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; MEXC: live order book, 34 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, 57 min ago | 5.38 bp | 7308.8 bp −$7,309 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 34 min ago | 2.20 bp | 74.4 bp −$74 | 193.7 bp −$1,937 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC LGELECTRONICS_USDTshort | −0.5122% | 4h | 158.53 | +0.452% | $225K | $126K | 20x | |
| Binance LGELECTRONICSUSDT | −0.5115% | 4h | 157.96 | +0.089% | $114K | $774K | 20x | as long as short |
| Bitget LGELECTRONICSUSDT | −0.4767% | 8h | 158.42 | +0.382% | $242K | $764K | 20x | as long as short |
| GRVT LGELECTRONICS_USDT_Perplong | −0.4638% | 4h | 157.82 | long leg | $526 | $175K | 10x | |
| Gate LGELECTRONICS_USDT | −0.3074% | 4h | 157.59 | −0.144% | $106K | $61K | 20x | as long as short |
| OKX LGELECTRONICS-USDT-SWAP | −0.2638% | 8h | 157.53 | −0.182% | $106K | $101K | 20x | as long as short |
| Bybit LGELECTRONICSUSDT | −0.1997% | 8h | 157.60 | −0.138% | $40K | $56K | 25x | as long as short |
| edgeX LGELUSDC | −0.0945% | 4h | 157.80 | −0.013% | $13K | $216K | 10x | as long as short |
| HTX LGELECTRONICS-USDT | 0.0000% | 4h | 157.35 | −0.296% | $9K | $37K | 10x | as long as short |
GRVT LGELECTRONICS_USDT_Perp
MEXC LGELECTRONICS_USDT
Binance LGELECTRONICSUSDT
Bitget LGELECTRONICSUSDT
Gate LGELECTRONICS_USDT
OKX LGELECTRONICS-USDT-SWAP
Bybit LGELECTRONICSUSDT
edgeX LGELUSDC
HTX LGELECTRONICS-USDT