Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate+0.025%81s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.410% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.025%, 7d avg +0.037%
=Together, before fees−0.044%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MSFT_USDT | 501.88 | 0 | get 0.0000% / 8h | 56m 00s | $3.2M | $1.6M | 100x |
| Short | GRVT MSFT_USDT_Perp | 502.00 | 0 | get 0.0000% / 8h | 56m 00s | $19K | $307K | 10x |
Funding 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
- $0
- Price spread: +0.025% → +0.037%
- −$1.17
- Slippage, 4 orders
- −$17.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42.21
- Costs to cover
- 0.410%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; GRVT: live order book, 21 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 | 1.49 bp | 11.0 bp −$11 | 29.9 bp −$299 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 21 min ago | 1.20 bp | 6.9 bp −$7 | 13.3 bp −$133 | doesn't fit | doesn't fit |
MSFT on 34 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MSFTUSDC | −0.0221% | 4h | 502.09 | +0.041% | $102K | $242K | 10x | as long as short |
| Nado MSFT-PERP | −0.0040% | 1h | 501.84 | −0.009% | $414K | $64K | 20x | as long as short |
| Coinbase International MSFT-PERP-INTX | −0.0016% | 1h | 501.76 | −0.024% | $687K | $450K | 10x | as long as short |
| Aster MSFTUSDT | 0.0000% | 8h | 502.09 | +0.041% | $161K | $116K | 20x | as long as short |
| Extended MSFT_24_5-USD | 0.0000% | 1h | 502.09 | +0.042% | $337K | $392K | 17x | as long as short |
| Binance MSFTUSDT | 0.0000% | 8h | 502.18 | +0.059% | $15.7M | $19.1M | 20x | as long as short |
| OKX MSFT-USDT-SWAP | 0.0000% | 8h | 502.28 | +0.080% | $3.0M | $2.3M | 20x | as long as short |
| Gate MSFT_USDTlong | 0.0000% | 8h | 501.88 | long leg | $3.2M | $1.6M | 100x | |
| Bitget MSFTUSDT | 0.0000% | 8h | 502.20 | +0.064% | $3.8M | $2.3M | 100x | as long as short |
| Variational Omni MSFT | 0.0000% | 8h | 502.09 | +0.041% | $1.3M | $702K | — | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MSFT_USDT_Perpshort | 0.0000% | 8h | 502.00 | +0.025% | $19K | $307K | 10x | |
| SunX MSFT-USDT | 0.0000% | 8h | 502.86 | +0.195% | $6K | $4.3M | 20x | as long as short |
| HTX MSFT-USDT | 0.0000% | 8h | 502.05 | +0.034% | $59K | $227K | 20x | as long as short |
| Phemex MSFTUSDT | 0.0000% | 8h | 502.26 | +0.076% | $2.2M | $754K | 10x | as long as short |
| BloFin MSFT-USDT | +0.0003% | 8h | 502.13 | +0.050% | $188K | $209K | 20x | as long as short |
| Bybit MSFTUSDT | +0.0020% | 8h | 502.24 | +0.072% | $7.4M | $1.7M | 100x | as long as short |
| Lighter RH MSFT | +0.0032% | 1h | 502.04 | +0.032% | $647K | $2.1M | 20x | as long as short |
| Hotstuff MSFT-PERP | +0.0040% | 1h | 501.73 | −0.030% | $32K | $8K | 20x | as long as short |
| Vest MSFT-USD-PERP | +0.0046% | 1h | 501.95 | +0.014% | — | $1K | 25x | as long as short |
| Deribit MSFT_USDC-PERPETUAL | +0.0049% | 1h | 501.95 | +0.014% | $27K | $101K | 10x | as long as short |
| QFEX MSFT-USD | +0.0049% | 1h | 502.00 | +0.024% | $1.2M | $5.8M | 10x | as long as short |
| tradeXYZ xyz:MSFT | +0.0050% | 1h | 501.78 | −0.020% | $22.3M | $9.6M | 20x | as long as short |
| Polymarket Perps MSFT-USD | +0.0050% | 1h | 501.63 | −0.050% | $305K | $674K | 10x | as long as short |
| SoDEX MSFT-USD | +0.0050% | 1h | 502.11 | +0.046% | $60K | $3K | 10x | as long as short |
| Ondo Perps MSFT-USD.P | +0.0050% | 1h | 501.67 | −0.042% | $529K | $493K | 15x | as long as short |
| Paradex MSFT-USD-PERP | +0.0056% | 8h | 502.02 | +0.029% | $221 | — | 5x | as long as short |
| Phoenix MSFT | +0.0080% | 1h | 501.80 | −0.016% | $10K | $15K | 20x | as long as short |
| KuCoin MSFTUSDTM | +0.0100% | 8h | 501.56 | −0.064% | $1.5M | $19K | 20x | as long as short |
| ApeX Omni MSFTUSDT | +0.0100% | 1h | 501.66 | −0.044% | $160K | $7K | 50x | as long as short |
| Orderly PERP_MSFT_USDC_mythos | +0.0100% | 8h | 501.94 | +0.012% | $8K | — | 10x | as long as short |
| Aevo MSFT-PERP | +0.0104% | 1h | 502.04 | +0.033% | $55 | — | 10x | as long as short |
| Lighter MSFT | +0.0144% | 1h | 502.21 | +0.066% | $1.1M | $585K | 20x | as long as short |
| Injective MSFT/USDC PERP | +0.0220% | 1h | 502.30 | +0.084% | $115K | $45K | 30x | as long as short |
| Arcus MSFT-USD | +0.0286% | 1h | 501.98 | +0.020% | $98K | $109K | 10x | as long as short |
Gate MSFT_USDT
GRVT MSFT_USDT_Perp
edgeX MSFTUSDC
Coinbase International MSFT-PERP-INTX
Aster MSFTUSDT
Extended MSFT_24_5-USD
Binance MSFTUSDT
OKX MSFT-USDT-SWAP
Bitget MSFTUSDT
Variational Omni MSFT
SunX MSFT-USDT
HTX MSFT-USDT
Phemex MSFTUSDT
BloFin MSFT-USDT
Bybit MSFTUSDT
Lighter RH MSFT
Deribit MSFT_USDC-PERPETUAL
tradeXYZ xyz:MSFT
Polymarket Perps MSFT-USD
SoDEX MSFT-USD
Paradex MSFT-USD-PERP
Phoenix MSFT
KuCoin MSFTUSDTM
ApeX Omni MSFTUSDT
Lighter MSFT
Injective MSFT/USDC PERP