Funding you earn now, next payment 09:00 UTC−0.2405%/8h= −263.3% APRpaid last 24h −0.018%
Price spread now: GRVT against Extended−0.055%92s7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as 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−$720.723% of the position
Funding, last 7 days+0.204%+$20 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.055%, 7d avg +0.019%
=Together, before fees+0.236%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$72 a day on $10k at the current rate, and GRVT is 0.074% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.204%, so the current rate has only just turned against you. The two prices were read 92 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 0.204% in total (about 10.7% a year). A funding rate is set anew for every payment. 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 | Extended STXX-USD | 859.84 | −0.0120 | get 0.0015% / 1h | 43m 56s | $47K | $242K | 10x |
| Short | GRVT STXX_USDT_Perp | 859.37 | −0.2525 | pay 0.2525% / 8h | 7h 43m | $52 | $129K | 10x |
Extended STXX-USD
GRVT STXX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- −$505.05
- Price spread: −0.055% → +0.019%
- −$7.42
- Slippage, 4 orders
- −$58.27
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$584.74
- Costs to cover
- 0.723%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 min ago; GRVT: live order book, 53 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 Extended live order book, 52 min ago | 3.70 bp | 23.0 bp −$23 | 183.8 bp −$1,838 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 53 min ago | 3.06 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
STXX on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT STXX_USDT_Perpshort | −0.2525% | 8h | 859.37 | −0.055% | $52 | $129K | 10x | |
| Bybit STXXUSDT | −0.0328% | 8h | 861.54 | +0.197% | $251K | $160K | 25x | as long as short |
| BloFin STXX-USDT | −0.0135% | 8h | 860.20 | +0.041% | $26K | $76K | 20x | as long as short |
| Variational Omni STXX | −0.0128% | 8h | 859.21 | −0.073% | $115K | $411 | — | as long as short |
| Binance STXXUSDT | −0.0123% | 8h | 859.98 | +0.016% | $1.3M | $3.8M | 20x | as long as short |
| Extended STXX-USDlong | −0.0120% | 1h | 859.84 | long leg | $47K | $242K | 10x | |
| Aster STXXUSDT | 0.0000% | 8h | 861.91 | +0.240% | $18K | $30K | 20x | as long as short |
| KuCoin STXXUSDTM | +0.0100% | 8h | 859.97 | +0.015% | $102K | $128K | 20x | as long as short |
| HTX STXX-USDT | +0.0100% | 8h | 860.06 | +0.025% | $10K | $35K | 10x | as long as short |
Bybit STXXUSDT
BloFin STXX-USDT
Variational Omni STXX
Binance STXXUSDT
Aster STXXUSDT
KuCoin STXXUSDTM
HTX STXX-USDT