Funding you earn now, next payment 12:00 UTC+0.1819%/8h= +199.2% APRpaid last 24h +0.188%
Price spread now: GRVT against Gate−0.141%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
Funding, last 7 days−0.026%−$3 on $10k
+Price spread, last 4 days (all we have)+0.154%+$15 · spread now −0.141%, 7d avg −0.060%
=Together, before fees+0.128%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.081% cheaper against Gate than usual: you would sell low and buy high (spread −0.141% now, against its 7-day average of −0.060%). If the spread goes back, that is −$8 on $10k: about 4 hours of funding at the current rate (+$55 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.026% in total (about -1.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINIMAX_USDT | 36.820 | 0.0573 | pay 0.0573% / 8h | 6h 19m | $1.3M | $2.9M | 50x |
| Short | GRVT MINIMAX_USDT_Perp | 36.768 | 0.2392 | get 0.1196% / 4h | 2h 19m | $232 | $113K | 10x |
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $381.99
- Price spread: −0.141% → −0.060%
- −$8.05
- Slippage, 4 orders
- −$137.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $212.72
- Costs to cover
- 1.612%
- Break-even
- 3.1 days
Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 29 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 Gate live order book, 2 min ago | 2.72 bp | 66.6 bp −$67 | 242.7 bp −$2,427 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 29 min ago | 4.09 bp | 27.2 bp −$27 | 66.1 bp −$661 | doesn't fit | doesn't fit |
MINIMAX on 17 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.780 | −0.109% | $15 | $1.1M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.774 | −0.125% | $45K | $255K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.750 | −0.190% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0200% | 1h | 36.774 | −0.126% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0468% | 8h | 36.694 | −0.341% | $33K | $5K | 20x | as long as short |
| Gate MINIMAX_USDTlong | +0.0573% | 8h | 36.820 | long leg | $1.3M | $2.9M | 50x | |
| KuCoin MINIMAXUSDTM | +0.0640% | 4h | 36.790 | −0.081% | $111K | $179K | 20x | as long as short |
| Lighter MINIMAX | +0.0784% | 1h | 36.759 | −0.166% | $41K | $23K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.1016% | 8h | 36.781 | −0.106% | $1.2M | $2.7M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1326% | 4h | 36.752 | −0.183% | $28K | $183K | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Lighter MINIMAX
Bitget MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.1391% | 8h | 36.800 | −0.054% | $947K | $900K | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1503% | 8h | 36.850 | +0.081% | $2.8M | $8.0M | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1601% | 1h | 36.738 | −0.223% | $4.9M | $3.3M | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1695% | 4h | 36.766 | −0.147% | $6.3M | $29.7M | 25x | as long as short |
| Extended MINIMAX-USD | +0.1696% | 1h | 36.747 | −0.197% | $3K | $920 | 10x | as long as short |
| GRVT MINIMAX_USDT_Perpshort | +0.2392% | 4h | 36.768 | −0.141% | $232 | $113K | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.2750% | 1h | 36.710 | −0.299% | $22K | $56K | 5x | as long as short |
Bybit MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
tradeXYZ xyz:MINIMAX
Binance MINIMAXUSDT
Extended MINIMAX-USD
Ondo Perps MINIMAX-USD.P