Funding you earn now, next payment 16:00 UTC+0.0474%/8h= +51.9% APRnext payment +$4.74 per $10,000 · paid last 24h +0.030%
Price spread now: GRVT against HTX−0.086%77s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$173as 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−$1601.604% of the position
Funding, last 7 days−0.126%−$13 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.086%, 7d avg −0.016%
=Together, before fees−0.040%+ Points / potential airdropGRVT: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.070% cheaper against HTX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.016%). If the spread goes back, that is −$7 on $10k: about 12 hours of funding at the current rate (+$14 a day). Mind the row above: over the last 7 days funding on this pair cost −0.126%, so the current rate has only just turned in your favour. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.126% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.74 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 SMCI-USDT | 40.960 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $8K | $289K | 10x |
| Short | GRVT SMCI_USDT_Perp | 40.925 | 0.0574 | get 0.0574% / 8h | 6h 57m | $485 | $168K | 10x |
HTX SMCI-USDT
GRVT SMCI_USDT_PerpFunding 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
- $99.54
- Price spread: −0.086% → −0.016%
- −$7
- Slippage, 4 orders
- −$139.36
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$67.82
- Costs to cover
- 1.604%
- Break-even
- 11.8 days
Slippage from HTX: live order book, 34 min ago; GRVT: live order book, 30 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, 34 min ago | 26.01 bp | 42.4 bp −$42 | 110.9 bp −$1,109 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 30 min ago | 3.72 bp | 31.7 bp −$32 | 78.4 bp −$784 | doesn't fit | doesn't fit |
SMCI on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SMCIUSDT | −0.0014% | 8h | 40.914 | −0.112% | $1.3M | $475K | 20x | as long as short |
| Bybit SMCIUSDT | 0.0000% | 8h | 40.920 | −0.098% | $995K | $300K | 25x | as long as short |
| OKX SMCI-USDT-SWAP | 0.0000% | 8h | 40.920 | −0.098% | $668K | $1.2M | 20x | as long as short |
| Gate SMCI_USDT | 0.0000% | 8h | 40.930 | −0.073% | $1.5M | $1.3M | 20x | as long as short |
| Variational Omni SMCI | 0.0000% | 8h | 40.937 | −0.055% | $150K | $160K | — | as long as short |
| Phemex SMCIUSDT | 0.0000% | 8h | 40.960 | 0.000% | $1.6M | $268K | 10x | as long as short |
| Injective SMCI/USDC PERP | +0.0033% | 1h | 40.460 | −1.221% | $4K | $82 | 12x | as long as short |
| Paragon para:SMCI | +0.0060% | 1h | 40.880 | −0.196% | $157K | $240K | 10x | as long as short |
| Extended SMCI-USD | +0.0064% | 1h | 40.959 | −0.003% | $572 | — | 10x | as long as short |
| QFEX SMCI-USD | +0.0067% | 1h | 40.970 | +0.024% | $1.1M | $1.7M | 10x | as long as short |
Bitget SMCIUSDT
Bybit SMCIUSDT
OKX SMCI-USDT-SWAP
Gate SMCI_USDT
Variational Omni SMCI
Phemex SMCIUSDT
Injective SMCI/USDC PERP
Paragon para:SMCI
Extended SMCI-USD
QFEX SMCI-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SMCI-USDT | +0.0074% | 8h | 40.930 | −0.073% | $79K | $9K | 20x | as long as short |
| Binance SMCIUSDT | +0.0083% | 8h | 40.960 | 0.000% | $3.4M | $5.4M | 20x | as long as short |
| KuCoin SMCIUSDTM | +0.0100% | 8h | 40.860 | −0.244% | $458K | $565K | 20x | as long as short |
| HTX SMCI-USDTlong | +0.0100% | 8h | 40.960 | long leg | $8K | $289K | 10x | |
| Lighter RH SMCI | +0.0128% | 1h | 40.920 | −0.098% | $40K | $13K | 10x | as long as short |
| GRVT SMCI_USDT_Perpshort | +0.0574% | 8h | 40.925 | −0.086% | $485 | $168K | 10x | |
| SoDEX SMCI-USD | +0.0760% | 1h | 40.950 | −0.024% | $133 | $3K | 10x | as long as short |
BloFin SMCI-USDT
Binance SMCIUSDT
KuCoin SMCIUSDTM
Lighter RH SMCI
SoDEX SMCI-USD