Funding you earn now, next payment 08:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.008%
Price spread now: GRVT against Gate−0.168%66s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as 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−$1361.355% of the position
Funding, last 7 days−0.018%−$2 on $10k
+Price spread, last 4 days (all we have)+0.188%+$19 · spread now −0.168%, 7d avg +0.037%
=Together, before fees+0.170%+ Points / potential airdropGRVT: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.205% cheaper against Gate than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of +0.037%). If the spread goes back, that is −$21 on $10k: about 33 days of funding at the current rate (+$1 a day). The two prices were read 66 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 | Gate SQQQ_USDT | 34.450 | 0 | get 0.0000% / 8h | 3h 50m | $1.1M | $1.3M | 20x |
| Short | GRVT SQQQ_USDT_Perp | 34.392 | 0.0021 | get 0.0021% / 8h | 3h 50m | $4K | $110K | 10x |
Gate SQQQ_USDT
GRVT SQQQ_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $4.41
- Price spread: −0.168% → +0.037%
- −$20.5
- Slippage, 4 orders
- −$111.53
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$151.62
- Costs to cover
- 1.355%
- Break-even
- 247.7 days
Slippage from Gate: 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 Gate live order book, 2 min ago | 2.90 bp | 93.0 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 4.36 bp | 12.7 bp −$13 | 61.5 bp −$615 | 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 | 34.430 | −0.058% | $786K | $550K | 25x | as long as short |
| Gate SQQQ_USDTlong | 0.0000% | 8h | 34.450 | long leg | $1.1M | $1.3M | 20x | |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.460 | +0.029% | $2.9M | $1.2M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.460 | +0.029% | $8K | $1K | 10x | as long as short |
| GRVT SQQQ_USDT_Perpshort | +0.0021% | 8h | 34.392 | −0.168% | $4K | $110K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0100% | 8h | 34.460 | +0.029% | $807K | $1.6M | 20x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.410 | −0.116% | $123K | $982K | 10x | as long as short |
| BloFin SQQQ-USDT | +0.0167% | 8h | 34.410 | −0.116% | $83K | $7K | 20x | as long as short |
| MEXC SQQQ_USDT | +0.0184% | 8h | 34.440 | −0.029% | $1.7M | $376K | 20x | as long as short |
| Binance SQQQUSDT | +0.0187% | 8h | 34.467 | +0.051% | $6.7M | $16.0M | 20x | as long as short |
Bybit SQQQUSDT
Bitget SQQQUSDT
HTX SQQQ-USDT
OKX SQQQ-USDT-SWAP
KuCoin SQQQUSDTM
BloFin SQQQ-USDT
MEXC SQQQ_USDT
Binance SQQQUSDT