Funding you earn now, next payment 08:00 UTC−0.0017%/8h= −1.9% APRnext payment −$0.17 per $10,000 · paid last 24h −0.024%
Price spread now: BloFin against GRVT−0.074%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$330.329% of the position
Funding, last 5 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.074%, 7d avg +0.013%
=Together, before fees+0.138%+ Points / potential airdropGRVT: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.087% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT TQQQ_USDT_Perp | 78.849 | 0 | get 0.0000% / 8h | 50m 34s | $1K | $108K | 10x |
| Short | BloFin TQQQ-USDT | 78.790 | −0.0017 | pay 0.0017% / 8h | 50m 34s | $149K | $33K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- −$3.6
- Price spread: −0.074% → +0.013%
- −$8.68
- Slippage, 4 orders
- −$11.91
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$45.19
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; BloFin: live order book, 19 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 GRVT live order book, 7 min ago | 1.90 bp | 7.4 bp −$7 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 19 min ago | 1.90 bp | 7.9 bp −$8 | 11.2 bp −$112 | 36.5 bp −$3,653 | 75.4 bp −$37.7K |
TQQQ on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin TQQQUSDTM | −0.0085% | 8h | 78.810 | −0.049% | $179K | $498K | 10x | as long as short |
| Bitget TQQQUSDT | −0.0061% | 8h | 78.840 | −0.011% | $7.6M | $2.9M | 20x | as long as short |
| BloFin TQQQ-USDTshort | −0.0017% | 8h | 78.790 | −0.074% | $149K | $33K | 20x | |
| Aster TQQQUSDT | 0.0000% | 8h | 78.846 | −0.004% | $70K | $146K | 20x | as long as short |
| Binance TQQQUSDT | 0.0000% | 8h | 78.827 | −0.027% | $18.1M | $49.3M | 20x | as long as short |
| Bybit TQQQUSDT | 0.0000% | 8h | 78.880 | +0.040% | $2.5M | $7.0M | 25x | as long as short |
| OKX TQQQ-USDT-SWAP | 0.0000% | 8h | 78.810 | −0.049% | $2.2M | $6.1M | 10x | as long as short |
| MEXC TQQQ_USDT | 0.0000% | 8h | 78.820 | −0.036% | $1.6M | $244K | 20x | as long as short |
| GRVT TQQQ_USDT_Perplong | 0.0000% | 8h | 78.849 | long leg | $1K | $108K | 10x | |
| HTX TQQQ-USDT | 0.0000% | 8h | 78.910 | +0.078% | $14K | $16K | 10x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TQQQ_USDC_mythos | +0.0100% | 8h | 78.800 | −0.062% | $5 | — | 10x | as long as short |
GRVT TQQQ_USDT_Perp
BloFin TQQQ-USDT
KuCoin TQQQUSDTM
Bitget TQQQUSDT
Aster TQQQUSDT
Binance TQQQUSDT
Bybit TQQQUSDT
OKX TQQQ-USDT-SWAP
MEXC TQQQ_USDT
HTX TQQQ-USDT