Funding you earn now, next payment 08:00 UTC+0.0569%/8h= +62.3% APRnext payment +$5.69 per $10,000 · paid last 24h +0.020%
Price spread now: GRVT against HTX−0.010%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$330.330% of the position
Funding, last 7 days+0.150%+$15 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.010%, 7d avg +0.006%
=Together, before fees+0.162%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.150% in total (about 7.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.69 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 | HTX MU-USDT | 1,051.3 | 0 | get 0.0000% / 8h | 7h 06m | $129K | $424K | 50x |
| Short | GRVT MU_USDT_Perp | 1,051.2 | 0.0569 | get 0.0569% / 8h | 7h 06m | $83K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against HTX. 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
- $119.49
- Price spread: −0.010% → +0.006%
- −$1.61
- Slippage, 4 orders
- −$11.99
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $84.89
- Costs to cover
- 0.330%
- Break-even
- 2.0 days
Slippage from HTX: live order book, 2 min ago; GRVT: live order book, 2 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 HTX live order book, 2 min ago | 3.09 bp | 11.1 bp −$11 | 16.0 bp −$160 | 31.8 bp −$3,181 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.52 bp | 6.1 bp −$6 | 8.6 bp −$86 | doesn't fit | doesn't fit |
MU 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0751% | 4h | 1,051.1 | −0.017% | $1.3M | $671K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,051.2 | −0.009% | $62.7M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,050.4 | −0.084% | $190K | $3.3M | 20x | as long as short |
| SunX MU-USDT | 0.0000% | 8h | 1,052.6 | +0.122% | $11K | $6.1M | 10x | as long as short |
| HTX MU-USDTlong | 0.0000% | 8h | 1,051.3 | long leg | $129K | $424K | 50x | |
| Aftermath Perps MUUSD | +0.0022% | 1h | 1,051 | −0.033% | $3K | $45K | 10x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,051 | −0.028% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,051.4 | +0.006% | $19K | $5K | 12x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,052.1 | +0.079% | — | $179K | 25x | as long as short |
| Lighter MU | +0.0048% | 1h | 1,051 | −0.025% | $1.1M | $4.8M | 20x | as long as short |
Show all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,051 | −0.029% | $171K | $203K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,050.8 | −0.049% | $2.0M | $2.3M | 10x | as long as short |
| QFEX MU-USD | +0.0054% | 1h | 1,051.1 | −0.019% | $7.6M | $21.2M | 10x | as long as short |
| SoDEX MU-USD | +0.0068% | 1h | 1,051.4 | +0.010% | $690K | $16K | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0085% | 8h | 1,051.2 | −0.010% | $2K | — | 5x | as long as short |
| Nado MU-PERP | +0.0087% | 1h | 1,050.8 | −0.051% | $274K | $857K | 10x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,051.1 | −0.017% | $149K | $186K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,051.1 | −0.021% | $5.3M | $3.5M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,050.6 | −0.063% | $71K | $268K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,051.4 | +0.007% | $836 | $799 | 20x | as long as short |
| OKX MU-USDT-SWAP | +0.0108% | 8h | 1,051.7 | +0.034% | $31.0M | $101.7M | 50x | as long as short |
| Aevo MU-PERP | +0.0144% | 1h | 1,051.3 | +0.004% | $32K | $1K | 10x | as long as short |
| Bullet MU-USD | +0.0177% | 1h | 1,051.5 | +0.019% | $26K | $396K | 10x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,050.5 | −0.078% | $762K | $1.2M | 10x | as long as short |
| Bybit MUUSDT | +0.0201% | 8h | 1,051.9 | +0.060% | $19.4M | $32.6M | 100x | as long as short |
| tradeXYZ xyz:MU | +0.0204% | 1h | 1,051.3 | 0.000% | $178.5M | $100.1M | 10x | as long as short |
| Arcus MU-USD | +0.0240% | 1h | 1,051.2 | −0.013% | $71K | $242K | 10x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0245% | 1h | 1,051.4 | +0.010% | $65K | $312K | 10x | as long as short |
| Variational Omni MU | +0.0248% | 8h | 1,051.1 | −0.024% | $2.7M | $2.4M | — | as long as short |
| Aster MUUSD1 | +0.0264% | 8h | 1,050.9 | −0.041% | $21.6M | $48.4M | 20x | as long as short |
| Binance MUUSDT | +0.0267% | 8h | 1,051.5 | +0.016% | $126.4M | $521.4M | 50x | as long as short |
| RISEx MU/USDC | +0.0312% | 1h | 1,051.3 | −0.003% | $316K | $339K | 20x | as long as short |
| Extended MU_24_5-USD | +0.0312% | 1h | 1,050.6 | −0.062% | $559K | $1.1M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,051.5 | +0.019% | $538K | $306K | 15x | as long as short |
| BloFin MU-USDT | +0.0386% | 8h | 1,051.6 | +0.027% | $1.5M | $2.0M | 20x | as long as short |
| Bitget MUUSDT | +0.0417% | 8h | 1,051.3 | −0.005% | $20.6M | $41.6M | 50x | as long as short |
| GRVT MU_USDT_Perpshort | +0.0569% | 8h | 1,051.2 | −0.010% | $83K | $1.3M | 10x |
HTX MU-USDT
GRVT MU_USDT_Perp
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
SunX MU-USDT
Aftermath Perps MUUSD
Lighter RH MU
Injective MU/USDC PERP
Lighter MU
Polymarket Perps MU-USD
SoDEX MU-USD
Paradex MU-USD-PERP
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
OKX MU-USDT-SWAP
Bullet MU-USD
Coinbase International MU-PERP-INTX
Bybit MUUSDT
tradeXYZ xyz:MU
Deribit MU_USDC-PERPETUAL
Variational Omni MU
Aster MUUSD1
Binance MUUSDT
RISEx MU/USDC
Extended MU_24_5-USD
Phoenix MU
BloFin MU-USDT
Bitget MUUSDT