Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: GRVT against Ondo Perps+0.110%53s7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.110%, 7d avg +0.086%
=Together, before fees−0.216%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.086%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 39 hours. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps META-USD.P | 744.28 | 0.0050 | pay 0.0006% / 1h | 2m 18s | $719K | $5.0M | 10x |
| Short | GRVT META_USDT_Perp | 745.10 | 0 | get 0.0000% / 8h | 7h 02m | $12K | $437K | 10x |
Ondo Perps META-USD.P
GRVT META_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Ondo Perps. 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
- −$10.58
- Price spread: +0.110% → +0.086%
- $2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$22.13
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 30 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 30 min ago | 1.14 bp | 9.2 bp −$9 | 13.6 bp −$136 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
META on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin META-USDT | −0.0120% | 8h | 745.21 | +0.125% | $334K | $1.1M | 20x | as long as short |
| Aster METAUSDT | 0.0000% | 8h | 744.80 | +0.070% | $490K | $623K | 20x | as long as short |
| Extended META_24_5-USD | 0.0000% | 1h | 744.99 | +0.095% | $546K | $3.4M | 17x | as long as short |
| Binance METAUSDT | 0.0000% | 8h | 745.21 | +0.125% | $25.9M | $191.7M | 20x | as long as short |
| Bybit METAUSDT | 0.0000% | 8h | 745.45 | +0.157% | $7.7M | $15.8M | 100x | as long as short |
| OKX META-USDT-SWAP | 0.0000% | 8h | 745.36 | +0.145% | $6.1M | $12.9M | 20x | as long as short |
| Gate META_USDT | 0.0000% | 8h | 744.75 | +0.063% | $442K | $6.4M | 100x | as long as short |
| Bitget METAUSDT | 0.0000% | 8h | 745.06 | +0.105% | $5.7M | $12.2M | 100x | as long as short |
| Variational Omni META | 0.0000% | 8h | 744.88 | +0.081% | $2.5M | $3.0M | — | as long as short |
| GRVT META_USDT_Perpshort | 0.0000% | 8h | 745.10 | +0.110% | $12K | $437K | 10x |
BloFin META-USDT
Aster METAUSDT
Extended META_24_5-USD
Binance METAUSDT
Bybit METAUSDT
OKX META-USDT-SWAP
Gate META_USDT
Bitget METAUSDT
Variational Omni METAShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX META-USDT | 0.0000% | 8h | 745.26 | +0.132% | $1K | $7.6M | 20x | as long as short |
| Deribit META_USDC-PERPETUAL | 0.0000% | 1h | 744.81 | +0.071% | $36K | $271K | 10x | as long as short |
| HTX META-USDT | 0.0000% | 8h | 744.97 | +0.093% | $108K | $300K | 30x | as long as short |
| Phemex METAUSDT | 0.0000% | 4h | 745.11 | +0.112% | $2.0M | $8K | 10x | as long as short |
| Nado META-PERP | +0.0009% | 1h | 744.78 | +0.067% | $479K | $559K | 20x | as long as short |
| Lighter RH META | +0.0032% | 1h | 745.31 | +0.138% | $790K | $3.0M | 20x | as long as short |
| QFEX META-USD | +0.0036% | 1h | 745.08 | +0.107% | $2.2M | $14.1M | 10x | as long as short |
| Arcus META-USD | +0.0040% | 1h | 744.78 | +0.067% | $111K | $337K | 10x | as long as short |
| Vest META-USD-PERP | +0.0046% | 1h | 745.44 | +0.156% | — | $12K | 25x | as long as short |
| Popdex METAUSDT | +0.0048% | 1h | 745.20 | +0.124% | $180K | $204K | 20x | as long as short |
| Polymarket Perps META-USD | +0.0050% | 1h | 744.84 | +0.075% | $566K | $618K | 10x | as long as short |
| SoDEX META-USD | +0.0050% | 1h | 745.19 | +0.122% | $25K | $3K | 10x | as long as short |
| Ondo Perps META-USD.Plong | +0.0050% | 1h | 744.28 | long leg | $719K | $5.0M | 10x | |
| Paradex META-USD-PERP | +0.0059% | 8h | 745.08 | +0.107% | — | — | 5x | as long as short |
| Aftermath Perps METAUSD | +0.0076% | 1h | 745.52 | +0.167% | $51K | $91K | 10x | as long as short |
| Pacifica META | +0.0100% | 1h | 744.43 | +0.021% | $612 | $2K | 10x | as long as short |
| KuCoin METAUSDTM | +0.0100% | 8h | 744.96 | +0.091% | $1.6M | $795K | 20x | as long as short |
| ApeX Omni METAUSDT | +0.0100% | 1h | 744.32 | +0.005% | $167K | $71K | 50x | as long as short |
| Orderly PERP_META_USDC_mythos | +0.0100% | 8h | 745.19 | +0.122% | $1K | $24 | 10x | as long as short |
| Aevo META-PERP | +0.0104% | 1h | 744.94 | +0.088% | $268 | — | 10x | as long as short |
| Coinbase International META-PERP-INTX | +0.0120% | 1h | 744.19 | −0.012% | $642K | $8.0M | 10x | as long as short |
| Hotstuff META-PERP | +0.0216% | 1h | 745.27 | +0.133% | $33K | $105 | 20x | as long as short |
| Injective META/USDC PERP | +0.0220% | 1h | 744.78 | +0.067% | $176K | $52K | 30x | as long as short |
| Lighter META | +0.0296% | 1h | 745.49 | +0.163% | $1.2M | $2.9M | 20x | as long as short |
| tradeXYZ xyz:META | +0.0300% | 1h | 745.38 | +0.148% | $86.1M | $134.5M | 20x | as long as short |
| edgeX METAUSDC | +0.0510% | 4h | 745.00 | +0.097% | $63K | $348K | 10x | as long as short |
| Phoenix META | +0.0791% | 1h | 746.00 | +0.231% | $796K | $1.5M | 20x | as long as short |
SunX META-USDT
Deribit META_USDC-PERPETUAL
HTX META-USDT
Phemex METAUSDT
Nado META-PERP
Lighter RH META
QFEX META-USD
Arcus META-USD
Vest META-USD-PERP
Popdex METAUSDT
Polymarket Perps META-USD
SoDEX META-USD
Paradex META-USD-PERP
Aftermath Perps METAUSD
Pacifica META
KuCoin METAUSDTM
ApeX Omni METAUSDT
Orderly PERP_META_USDC_mythos
Aevo META-PERP
Coinbase International META-PERP-INTX
Hotstuff META-PERP
Injective META/USDC PERP
Lighter META
tradeXYZ xyz:META
edgeX METAUSDC
Phoenix META