Funding you earn now, next payment 00:00 UTC−0.0392%/8h= −42.9% APRnext payment −$3.92 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against GRVT+0.005%51s7-day average −0.071% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 3 days (all we have)−0.102%−$10 · spread now +0.005%, 7d avg −0.071%
=Together, before fees−0.284%+ Points / potential airdropGRVT: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.076% dearer against GRVT than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.071%): +$8 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.183% in total) that is about 2.9 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.183% in total (about -9.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.92 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 LLY_USDT_Perp | 1,166.7 | 0.0392 | pay 0.0392% / 8h | 1h 34m | $910 | $209K | 10x |
| Short | Gate LLY_USDT | 1,166.7 | 0 | get 0.0000% / 8h | 1h 34m | $1.3M | $909K | 25x |
GRVT LLY_USDT_Perp
Gate LLY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$82.32
- Price spread: +0.005% → −0.071%
- $7.65
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$98.67
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 48 min ago; Gate: live order book, 3 min ago. Net counts fees only.
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, 48 min ago | 3.00 bp | 1875.0 bp −$1,875 | 108694.4 bp −$1.09M | 1175427.9 bp −$117.54M | doesn't fit |
| Sell Gate live order book, 3 min ago | 11.15 bp | 18.9 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
LLY on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX LLY-USD | −0.0006% | 1h | 1,166.3 | −0.028% | $1.2M | $5.0M | 10x | as long as short |
| Aster LLYUSDT | 0.0000% | 8h | 1,165.8 | −0.072% | $24K | $3K | 20x | as long as short |
| Bybit LLYUSDT | 0.0000% | 8h | 1,166.2 | −0.035% | $1.3M | $636K | 25x | as long as short |
| OKX LLY-USDT-SWAP | 0.0000% | 8h | 1,167 | +0.030% | $820K | $563K | 20x | as long as short |
| Gate LLY_USDTshort | 0.0000% | 8h | 1,166.7 | +0.005% | $1.3M | $909K | 25x | |
| Bitget LLYUSDT | 0.0000% | 8h | 1,166.9 | +0.023% | $2.3M | $176K | 20x | as long as short |
| SunX LLY-USDT | 0.0000% | 8h | 1,166.9 | +0.021% | $2K | $6.6M | 10x | as long as short |
| HTX LLY-USDT | 0.0000% | 8h | 1,164.8 | −0.157% | $5K | $40K | 20x | as long as short |
| Aftermath Perps LLYUSD | +0.0011% | 1h | 1,166.4 | −0.021% | $47K | $41K | 5x | as long as short |
| Variational Omni LLY | +0.0016% | 8h | 1,166.8 | +0.014% | $191K | $19K | — | as long as short |
QFEX LLY-USD
Aster LLYUSDT
Bybit LLYUSDT
OKX LLY-USDT-SWAP
Bitget LLYUSDT
SunX LLY-USDT
HTX LLY-USDT
Aftermath Perps LLYUSD
Variational Omni LLYShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest LLY-USD-PERP | +0.0046% | 1h | 1,166.4 | −0.023% | — | — | 25x | as long as short |
| tradeXYZ xyz:LLY | +0.0050% | 1h | 1,166.5 | −0.013% | $8.6M | $1.1M | 10x | as long as short |
| KuCoin LLYUSDTM | +0.0100% | 8h | 1,166.6 | −0.004% | $139K | $56K | 20x | as long as short |
| Binance LLYUSDT | +0.0183% | 8h | 1,166.8 | +0.012% | $2.0M | $3.1M | 20x | as long as short |
| Nado LLY-PERP | +0.0190% | 1h | 1,166.4 | −0.019% | $39K | $251 | 10x | as long as short |
| BloFin LLY-USDT | +0.0194% | 8h | 1,166.8 | +0.012% | $84K | $84K | 20x | as long as short |
| Injective LLY/USDC PERP | +0.0220% | 1h | 1,177.9 | +0.964% | $10K | $21K | 12x | as long as short |
| Phoenix LLY | +0.0274% | 1h | 1,166.7 | +0.004% | $1K | $7K | 10x | as long as short |
| GRVT LLY_USDT_Perplong | +0.0392% | 8h | 1,166.7 | long leg | $910 | $209K | 10x |
Vest LLY-USD-PERP
tradeXYZ xyz:LLY
KuCoin LLYUSDTM
Binance LLYUSDT
Nado LLY-PERP
BloFin LLY-USDT
Injective LLY/USDC PERP
Phoenix LLY