Funding you earn now, next payment 08:00 UTC−0.0738%/8h= −80.8% APRpaid last 24h +0.072%
Price spread now: GRVT against edgeX+0.024%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2,387as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2,405as in the Price arb table
costs, in and out, $10k−$2,40824.076% of the position
Funding, last 7 days+0.208%+$21 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.024%, 7d avg −0.005%
=Together, before fees+0.180%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.029% dearer against edgeX than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.208%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.208% in total (about 10.9% 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 | edgeX VUSDC | 368.96 | 0.0796 | pay 0.0398% / 4h | 2h 59m | $192K | $181K | 10x |
| Short | GRVT V_USDT_Perp | 369.05 | 0.0058 | get 0.0058% / 8h | 2h 59m | $11K | $157K | 10x |
edgeX VUSDC
GRVT V_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against edgeX. 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
- −$154.88
- Price spread: +0.024% → −0.005%
- $2.94
- Slippage, 4 orders
- −$2,389.63
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$2,559.57
- Costs to cover
- 24.076%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 52 min ago; GRVT: live order book, 48 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 edgeX live order book, 52 min ago | 10.44 bp | 60.0 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 48 min ago | 6.91 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
V 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective V/USDC PERP | −0.0220% | 1h | 331.39 | −10.183% | $16K | $30K | 12x | as long as short |
| Aster VUSDT | 0.0000% | 8h | 369.58 | +0.167% | $17K | $6K | 20x | as long as short |
| Binance VUSDT | 0.0000% | 8h | 369.05 | +0.025% | $598K | $271K | 20x | as long as short |
| Bybit VUSDT | 0.0000% | 8h | 368.88 | −0.022% | $122K | $13K | 25x | as long as short |
| Gate V_USDT | 0.0000% | 8h | 368.70 | −0.071% | $190K | $5K | 20x | as long as short |
| Bitget VUSDT | 0.0000% | 8h | 369.25 | +0.079% | $121K | $11K | 20x | as long as short |
| SunX V-USDT | 0.0000% | 8h | 368.77 | −0.052% | $1K | $613K | 10x | as long as short |
| HTX V-USDT | 0.0000% | 8h | 369.22 | +0.070% | $6K | $33K | 20x | as long as short |
| GRVT V_USDT_Perpshort | +0.0058% | 8h | 369.05 | +0.024% | $11K | $157K | 10x | |
| KuCoin VUSDTM | +0.0100% | 8h | 368.24 | −0.195% | $292K | $812K | 20x | as long as short |
Injective V/USDC PERP
Aster VUSDT
Binance VUSDT
Bybit VUSDT
Gate V_USDT
Bitget VUSDT
SunX V-USDT
HTX V-USDT
KuCoin VUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX VUSDClong | +0.0796% | 4h | 368.96 | long leg | $192K | $181K | 10x |