Funding you earn now, next payment 04:00 UTC−0.0087%/8h= −9.6% APRpaid last 24h −0.008%
Price spread now: GRVT against tradeXYZ−0.005%7-day average +0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.005%, 7d avg +0.090%
=Together, before fees+0.325%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and GRVT is 0.095% cheaper against tradeXYZ than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:LITE | 959.65 | 0.0087 | pay 0.0011% / 1h | 13m 09s | $7.2M | $5.4M | 10x |
| Short | GRVT LITE_USDT_Perp | 959.60 | 0 | get 0.0000% / 8h | 4h 13m | $317 | $185K | 10x |
tradeXYZ xyz:LITE
GRVT LITE_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against tradeXYZ. 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
- −$18.32
- Price spread: −0.005% → +0.090%
- −$9.5
- Slippage, 4 orders
- −$15.76
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$70.58
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; GRVT: live order book, 44 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 tradeXYZ live order book, 4 min ago | 0.05 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 44 min ago | 1.46 bp | 11.7 bp −$12 | 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 | −0.0152% | 1h | 957.73 | −0.200% | $101K | $203K | 10x | as long as short |
| Deribit LITE_USDC-PERPETUAL | −0.0073% | 1h | 959.19 | −0.048% | $19K | $38K | 10x | as long as short |
| BloFin LITE-USDT | −0.0018% | 8h | 959.36 | −0.030% | $224K | $236K | 20x | as long as short |
| QFEX LITE-USD | 0.0000% | 1h | 959.14 | −0.053% | $1.1M | $3.9M | 10x | as long as short |
| Aster LITEUSDT | 0.0000% | 8h | 960.48 | +0.087% | $108K | $17K | 20x | as long as short |
| Extended LITE-USD | 0.0000% | 1h | 959.11 | −0.057% | $10K | $212K | 10x | as long as short |
| Binance LITEUSDT | 0.0000% | 8h | 959.36 | −0.030% | $12.6M | $46.6M | 25x | as long as short |
| Bybit LITEUSDT | 0.0000% | 8h | 959.28 | −0.039% | $1.8M | $1.7M | 25x | as long as short |
| OKX LITE-USDT-SWAP | 0.0000% | 8h | 959.70 | +0.005% | $3.7M | $17.5M | 25x | as long as short |
| Gate LITE_USDT | 0.0000% | 8h | 959.85 | +0.021% | $8.0M | $6.3M | 50x | as long as short |
Coinbase International LITE-PERP-INTX
Deribit LITE_USDC-PERPETUAL
BloFin LITE-USDT
QFEX LITE-USD
Aster LITEUSDT
Extended LITE-USD
Binance LITEUSDT
Bybit LITEUSDT
OKX LITE-USDT-SWAP
Gate LITE_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget LITEUSDT | 0.0000% | 8h | 959.31 | −0.035% | $2.6M | $2.9M | 20x | as long as short |
| Variational Omni LITE | 0.0000% | 8h | 959.43 | −0.023% | $266K | $147K | — | as long as short |
| GRVT LITE_USDT_Perpshort | 0.0000% | 8h | 959.60 | −0.005% | $317 | $185K | 10x | |
| SunX LITE-USDT | 0.0000% | 8h | 959.40 | −0.026% | $534 | $3.8M | 10x | as long as short |
| HTX LITE-USDT | 0.0000% | 8h | 959.40 | −0.026% | $7K | $32K | 20x | as long as short |
| Phemex LITEUSDT | 0.0000% | 8h | 959.78 | +0.014% | $1.5M | $688K | 10x | as long as short |
| Lighter LITE | +0.0032% | 1h | 959.38 | −0.028% | $27K | $99K | 10x | as long as short |
| Vest LITE-USD-PERP | +0.0046% | 1h | 959.28 | −0.039% | — | $3K | 10x | as long as short |
| Polymarket Perps LITE-USD | +0.0050% | 1h | 959.43 | −0.023% | $74K | $228K | 10x | as long as short |
| SoDEX LITE-USD | +0.0050% | 1h | 959.31 | −0.035% | $23K | $9K | 10x | as long as short |
| Ondo Perps LITE-USD.P | +0.0050% | 1h | 960.41 | +0.079% | $48K | $292K | 10x | as long as short |
| tradeXYZ xyz:LITElong | +0.0087% | 1h | 959.65 | long leg | $7.2M | $5.4M | 10x | |
| KuCoin LITEUSDTM | +0.0100% | 8h | 959.28 | −0.039% | $526K | $42K | 20x | as long as short |
| ApeX Omni LITEUSDT | +0.0100% | 1h | 959.33 | −0.033% | $16K | $266K | 50x | as long as short |
| Orderly PERP_LITE_USDC_mythos | +0.0100% | 8h | 959.29 | −0.038% | $932 | $3K | 10x | as long as short |
| Aevo LITE-PERP | +0.0104% | 1h | 959.09 | −0.059% | — | — | 10x | as long as short |
| edgeX LITEUSDC | +0.0957% | 4h | 959.19 | −0.048% | $70K | $452K | 10x | as long as short |
Bitget LITEUSDT
Variational Omni LITE
SunX LITE-USDT
HTX LITE-USDT
Phemex LITEUSDT
Lighter LITE
Vest LITE-USD-PERP
Polymarket Perps LITE-USD
SoDEX LITE-USD
Ondo Perps LITE-USD.P
KuCoin LITEUSDTM
ApeX Omni LITEUSDT
Orderly PERP_LITE_USDC_mythos
Aevo LITE-PERP
edgeX LITEUSDC