Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRnext payment −$1.60 per $10,000 · paid last 24h −0.047%
Price spread now: GRVT against MEXC+0.029%52s7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as 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−$310.307% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.029%, 7d avg +0.019%
=Together, before fees−0.057%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 52 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 | MEXC SQQQ_USDT | 34.550 | 0.0308 | pay 0.0308% / 8h | 2h 48m | $1.7M | $376K | 20x |
| Short | GRVT SQQQ_USDT_Perp | 34.560 | 0.0148 | get 0.0148% / 8h | 2h 48m | $4K | $108K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against MEXC. 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
- −$33.6
- Price spread: +0.029% → +0.019%
- $1.04
- Slippage, 4 orders
- −$21.7
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$63.26
- Costs to cover
- 0.307%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; GRVT: live order book, 63 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 MEXC live order book, 3 min ago | 4.34 bp | 4.3 bp −$4 | 8.7 bp −$87 | 122.6 bp −$12.3K | doesn't fit |
| Sell GRVT live order book, 63 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 | 34.580 | +0.087% | $783K | $555K | 25x | as long as short |
| Gate SQQQ_USDT | 0.0000% | 8h | 34.580 | +0.087% | $1.1M | $1.4M | 20x | as long as short |
| Bitget SQQQUSDT | 0.0000% | 8h | 34.590 | +0.116% | $2.9M | $1.2M | 20x | as long as short |
| HTX SQQQ-USDT | 0.0000% | 8h | 34.620 | +0.203% | $8K | $1K | 10x | as long as short |
| KuCoin SQQQUSDTM | +0.0100% | 8h | 34.550 | 0.000% | $125K | $969K | 10x | as long as short |
| GRVT SQQQ_USDT_Perpshort | +0.0148% | 8h | 34.560 | +0.029% | $4K | $108K | 10x | |
| OKX SQQQ-USDT-SWAP | +0.0172% | 8h | 34.600 | +0.145% | $811K | $1.7M | 20x | as long as short |
| MEXC SQQQ_USDTlong | +0.0308% | 8h | 34.550 | long leg | $1.7M | $376K | 20x | |
| Binance SQQQUSDT | +0.0311% | 8h | 34.586 | +0.105% | $6.8M | $16.6M | 20x | as long as short |
| BloFin SQQQ-USDT | +0.0334% | 8h | 34.600 | +0.145% | $83K | $7K | 20x | as long as short |
MEXC SQQQ_USDT
GRVT SQQQ_USDT_Perp
Bybit SQQQUSDT
Gate SQQQ_USDT
Bitget SQQQUSDT
HTX SQQQ-USDT
KuCoin SQQQUSDTM
OKX SQQQ-USDT-SWAP
Binance SQQQUSDT
BloFin SQQQ-USDT