Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h −0.002%
Price spread now: GRVT against Aster+0.007%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.007%, 7d avg +0.014%
=Together, before fees+0.011%+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm board+$1 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPYUSDT | 774.45 | 0.0005 | pay 0.0005% / 8h | 5h 35m | $863K | $203K | 20x |
| Short | GRVT SPY_USDT_Perp | 774.50 | 0 | get 0.0000% / 8h | 5h 35m | $162K | $375K | 10x |
Aster SPYUSDT
GRVT SPY_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Aster. 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
- −$1.01
- Price spread: +0.007% → +0.014%
- −$0.72
- Slippage, 4 orders
- −$10.84
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$29.58
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Aster: live order book, 28 min ago; GRVT: live order book, 27 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 Aster live order book, 28 min ago | 0.84 bp | 8.3 bp −$8 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 27 min ago | 1.74 bp | 6.2 bp −$6 | 7.4 bp −$74 | 158.6 bp −$15.9K | doesn't fit |
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPY-USDT | −0.0110% | 8h | 774.49 | +0.006% | $417K | $468K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0058% | 1h | 773.16 | −0.166% | $162K | $24K | 50x | as long as short |
| Phoenix SPY | −0.0021% | 1h | 773.86 | −0.076% | $161K | $295K | 20x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 774.46 | +0.002% | $6.3M | $2.0M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.41 | −0.005% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.94 | −0.065% | $780K | $2.4M | 75x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.53 | +0.011% | $10.9M | $2.0M | 50x | as long as short |
| GRVT SPY_USDT_Perpshort | 0.0000% | 8h | 774.50 | +0.007% | $162K | $375K | 10x | |
| SunX SPY-USDT | 0.0000% | 8h | 775.59 | +0.148% | $2K | $1.4M | 10x | as long as short |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.96 | −0.063% | $23K | $55K | 20x | as long as short |
BloFin SPY-USDT
ApeX Omni SPYUSDT
Phoenix SPY
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
Bitget SPYUSDT
SunX SPY-USDT
Deribit SPY_USDC-PERPETUALShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SPY-USDT | 0.0000% | 8h | 774.57 | +0.016% | $308K | $20K | 50x | as long as short |
| Aster SPYUSDTlong | +0.0005% | 8h | 774.45 | long leg | $863K | $203K | 20x | |
| MEXC SPY_USDT | +0.0010% | 8h | 774.48 | +0.004% | $22.6M | $11.9M | 100x | as long as short |
| Binance SPYUSDT | +0.0010% | 8h | 774.46 | +0.002% | $28.3M | $79.9M | 50x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.54 | −0.117% | $935K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.20 | −0.161% | — | $123K | 50x | as long as short |
| Nado SPY-PERP | +0.0048% | 1h | 774.04 | −0.052% | $1.5M | $288K | 20x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.51 | −0.121% | $4.8M | $842K | 20x | as long as short |
| Lighter SPY | +0.0056% | 1h | 774.33 | −0.015% | $8.3M | $21.0M | 50x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0056% | 1h | 774.05 | −0.051% | $954K | $552K | 20x | as long as short |
| RISEx SPY/USDC | +0.0097% | 1h | 774.63 | +0.024% | $6.9M | $5.0M | 25x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.68 | −0.099% | $2.5M | $975K | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.36 | −0.011% | $1K | — | 20x | as long as short |
| Lighter RH SPY | +0.0104% | 1h | 774.72 | +0.035% | $56.5M | $113.8M | 50x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.88 | −0.073% | $87K | — | 10x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.49 | +0.005% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0904% | 4h | 774.25 | −0.025% | $640K | $242K | 20x | as long as short |
HTX SPY-USDT
MEXC SPY_USDT
Binance SPYUSDT
Arcus SPY-USD
Vest SPY-USD-PERP
Nado SPY-PERP
Ondo Perps SPY-USD.P
Lighter SPY
Coinbase International SPY-PERP-INTX
RISEx SPY/USDC
KuCoin SPYUSDTM
Orderly PERP_SPY_USDC_mythos
Lighter RH SPY
Aevo SPY-PERP
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC