Funding you earn now, next payment 08:00 UTC+0.0477%/8h= +52.2% APRnext payment +$4.77 per $10,000 · paid last 24h +0.001%
Price spread now: GRVT against Bitget−0.048%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now −0.048%, 7d avg +0.019%
=Together, before fees−0.173%+ Points / potential airdropGRVT: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.067% cheaper against Bitget than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.019%). If the spread goes back, that is −$7 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.024% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.77 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 | Bitget NOWUSDT | 137.95 | 0 | get 0.0000% / 8h | 6h 26m | $781K | $234K | 20x |
| Short | GRVT NOW_USDT_Perp | 137.88 | 0.0477 | get 0.0477% / 8h | 6h 26m | $558 | $154K | 10x |
Bitget NOWUSDT
GRVT NOW_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- $100.17
- Price spread: −0.048% → +0.019%
- −$6.74
- Slippage, 4 orders
- −$53.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $18.57
- Costs to cover
- 0.749%
- Break-even
- 5.7 days
Slippage from Bitget: live order book, 39 min ago; GRVT: live order book, 36 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 Bitget live order book, 39 min ago | 5.78 bp | 16.1 bp −$16 | 33.0 bp −$330 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 36 min ago | 4.34 bp | 13.7 bp −$14 | 48.2 bp −$482 | doesn't fit | doesn't fit |
NOW on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOWUSDT | 0.0000% | 8h | 138.05 | +0.072% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.94 | −0.007% | $488K | $227K | 20x | as long as short |
| QFEX NOW-USD | 0.0000% | 1h | 137.65 | −0.217% | $1.1M | $2.0M | 10x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.88 | −0.051% | $245K | $370K | 20x | as long as short |
| Bitget NOWUSDTlong | 0.0000% | 8h | 137.95 | long leg | $781K | $234K | 20x | |
| SunX NOW-USDT | 0.0000% | 8h | 137.92 | −0.022% | $1K | $402K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 137.94 | −0.007% | $5K | $29K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.81 | −0.101% | $5K | $173 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.341% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.66 | −0.210% | — | — | 25x | as long as short |
Aster NOWUSDT
OKX NOW-USDT-SWAP
QFEX NOW-USD
Gate NOW_USDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.70 | −0.181% | $316K | $653K | 20x | as long as short |
| Binance NOWUSDT | +0.0115% | 8h | 137.91 | −0.029% | $1.8M | $1.5M | 20x | as long as short |
| Bybit NOWUSDT | +0.0157% | 8h | 137.88 | −0.051% | $1.5M | $5.4M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0313% | 1h | 137.82 | −0.094% | $2.1M | $229K | 10x | as long as short |
| GRVT NOW_USDT_Perpshort | +0.0477% | 8h | 137.88 | −0.048% | $558 | $154K | 10x |
KuCoin NOWUSDTM
Binance NOWUSDT
Bybit NOWUSDT
tradeXYZ xyz:NOW