Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h −0.001%
Price spread now: GRVT against Bitget+0.093%73s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as 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−$440.438% of the position
Funding, last 7 days+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.093%, 7d avg −0.007%
=Together, before fees−0.022%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.100% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.007%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SQQQUSDT | 34.650 | 0.0018 | pay 0.0018% / 8h | 40m 24s | $2.9M | $1.2M | 20x |
| Short | GRVT SQQQ_USDT_Perp | 34.682 | 0.0076 | get 0.0076% / 8h | 40m 24s | $4K | $111K | 10x |
Bitget SQQQUSDT
GRVT SQQQ_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
- $12.18
- Price spread: +0.093% → −0.007%
- $10
- Slippage, 4 orders
- −$22.76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$21.58
- Costs to cover
- 0.438%
- Break-even
- 19.4 days
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 62 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, 2 min ago | 1.44 bp | 14.0 bp −$14 | 36.7 bp −$367 | 84.5 bp −$8,450 | doesn't fit |
| Sell GRVT live order book, 62 min ago | 4.32 bp | 8.8 bp −$9 | 40.4 bp −$404 | doesn't fit | doesn't fit |
SQQQ on 10 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SQQQUSDT | 0.0000% | 8h | 34.630 | −0.058% | $785K | $582K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.640 | −0.029% | $1.1M | $1.4M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.690 | +0.115% | $8K | $1K | 10x | as long as short |
| Bitget SQQQUSDTlong | +0.0018% | 8h | 34.650 | long leg | $2.9M | $1.2M | 20x | |
| GRVT SQQQ_USDT_Perpshort | +0.0076% | 8h | 34.682 | +0.093% | $4K | $111K | 10x | |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.620 | −0.087% | $124K | $949K | 10x | as long as short |
| OKX SQQQ-USDT-SWAP | +0.0181% | 8h | 34.630 | −0.058% | $874K | $1.9M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0289% | 8h | 34.640 | −0.029% | $86K | $7K | 20x | as long as short |
| Binance SQQQUSDT | +0.0316% | 8h | 34.646 | −0.012% | $6.9M | $17.7M | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0317% | 8h | 34.640 | −0.029% | $1.7M | $352K | 20x | as long as short |
Bybit SQQQUSDT
Gate SQQQ_USDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
BloFin SQQQ-USDT
Binance SQQQUSDT
MEXC SQQQ_USDT