Funding you earn now, next payment 00:00 UTC+0.0239%/8h= +26.2% APRnext payment +$2.39 per $10,000 · paid last 24h −0.007%
Price spread now: GRVT against Bitget+0.074%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.519% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)+0.155%+$16 · spread now +0.074%, 7d avg +0.042%
=Together, before fees+0.160%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and GRVT is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 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 | Bitget LITEUSDT | 959.61 | 0 | get 0.0000% / 8h | 57m 12s | $2.8M | $3.1M | 20x |
| Short | GRVT LITE_USDT_Perp | 960.32 | 0.0239 | get 0.0239% / 8h | 57m 12s | $663 | $236K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $50.19
- Price spread: +0.074% → +0.042%
- $3.23
- Slippage, 4 orders
- −$30.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $1.49
- Costs to cover
- 0.519%
- Break-even
- 6.8 days
Slippage from Bitget: live order book, just now; GRVT: live order book, 20 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 Bitget live order book, just now | 4.53 bp | 15.9 bp −$16 | 30.6 bp −$306 | 56.2 bp −$5,618 | doesn't fit |
| Sell GRVT live order book, 20 min ago | 2.14 bp | 9.8 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
LITE on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LITE-PERP-INTX | −0.0064% | 1h | 958.20 | −0.147% | $115K | $244K | 10x | as long as short |
| BloFin LITE-USDT | −0.0017% | 8h | 959.67 | +0.006% | $176K | $235K | 20x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.10 | +0.051% | $108K | $17K | 20x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.80 | +0.020% | $1.9M | $1.8M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.48 | −0.014% | $3.8M | $18.0M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 960.28 | +0.070% | $8.0M | $6.2M | 50x | as long as short |
| Bitget LITEUSDTlong | 0.0000% | 8h | 959.61 | long leg | $2.8M | $3.1M | 20x | |
| Variational Omni LITE | 0.0000% | 8h | 960.30 | +0.071% | $241K | $142K | — | as long as short |
| SunX LITE-USDT | 0.0000% | 8h | 959.80 | +0.020% | $612 | $4.2M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.31 | −0.031% | $7K | $31K | 20x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex LITEUSDT | 0.0000% | 8h | 960.45 | +0.088% | $1.5M | $686K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.97 | +0.038% | $27K | $102K | 10x | as long as short |
| QFEX LITE-USD | +0.0033% | 1h | 959.63 | +0.002% | $1.1M | $5.3M | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.49 | −0.013% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.91 | +0.031% | $30K | $489K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 959.46 | −0.016% | $175K | $160K | 10x | as long as short |
| SoDEX LITE-USD | +0.0086% | 1h | 959.80 | +0.020% | $23K | $10K | 10x | as long as short |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.81 | +0.021% | $517K | $38K | 20x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.95 | +0.035% | $933 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.93 | +0.034% | — | — | 10x | as long as short |
| Extended LITE-USD | +0.0120% | 1h | 959.67 | +0.006% | $9K | $209K | 10x | as long as short |
| Binance LITEUSDT | +0.0122% | 8h | 959.89 | +0.029% | $13.7M | $45.2M | 25x | as long as short |
| ApeX Omni LITEUSDT | +0.0174% | 1h | 960.08 | +0.049% | $16K | $265K | 50x | as long as short |
| GRVT LITE_USDT_Perpshort | +0.0239% | 8h | 960.32 | +0.074% | $663 | $236K | 10x | |
| Deribit LITE_USDC-PERPETUAL | +0.0261% | 1h | 959.92 | +0.032% | $19K | $36K | 10x | as long as short |
| edgeX LITEUSDC | +0.0283% | 4h | 959.83 | +0.023% | $70K | $458K | 10x | as long as short |
| tradeXYZ xyz:LITE | +0.0300% | 1h | 960.23 | +0.065% | $7.2M | $5.1M | 10x | as long as short |
Bitget LITEUSDT
GRVT LITE_USDT_Perp
Coinbase International LITE-PERP-INTX
BloFin LITE-USDT
Aster LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Polymarket Perps LITE-USD
SoDEX LITE-USD
KuCoin LITEUSDTM
Extended LITE-USD
Binance LITEUSDT
ApeX Omni LITEUSDT
Deribit LITE_USDC-PERPETUAL
edgeX LITEUSDC
tradeXYZ xyz:LITE