Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.001%
Price spread now: GRVT against Extended−0.035%112s7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$690.691% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.035%, 7d avg +0.027%
=Together, before fees−0.022%+ Points / potential airdropExtended: Active · GRVT: Active · farm board−$2 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 GRVT is 0.062% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you. The two prices were read 112 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 | Extended WDC-USD | 441.46 | 0 | get 0.0000% / 1h | 47m 38s | $2K | $188K | 10x |
| Short | GRVT WDC_USDT_Perp | 441.31 | −0.0032 | pay 0.0032% / 8h | 7h 47m | $512 | $145K | 10x |
Extended WDC-USD
GRVT WDC_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
- −$6.72
- Price spread: −0.035% → +0.027%
- −$6.18
- Slippage, 4 orders
- −$55.08
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$81.98
- Costs to cover
- 0.691%
- Break-even
- never at this rate
Slippage from Extended: live order book, 48 min ago; GRVT: live order book, 45 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, 48 min ago | 2.71 bp | 16.6 bp −$17 | 182.2 bp −$1,822 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 45 min ago | 1.80 bp | 16.6 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget WDCUSDT | −0.0345% | 8h | 441.64 | +0.040% | $1.1M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:WDC | −0.0084% | 1h | 441.45 | −0.003% | $2.3M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perpshort | −0.0032% | 8h | 441.31 | −0.035% | $512 | $145K | 10x | |
| BloFin WDC-USDT | −0.0011% | 8h | 441.69 | +0.052% | $140K | $95K | 20x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 441.38 | −0.019% | $10K | $136K | 20x | as long as short |
| Extended WDC-USDlong | 0.0000% | 1h | 441.46 | long leg | $2K | $188K | 10x | |
| Binance WDCUSDT | 0.0000% | 8h | 441.57 | +0.024% | $7.3M | $25.7M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 441.67 | +0.047% | $1.9M | $706K | 25x | as long as short |
| OKX WDC-USDT-SWAP | 0.0000% | 8h | 441.58 | +0.027% | $2.0M | $4.3M | 20x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 441.50 | +0.009% | $1.9M | $2.3M | 50x | as long as short |
Bitget WDCUSDT
tradeXYZ xyz:WDC
BloFin WDC-USDT
Aster WDCUSDT
Binance WDCUSDT
Bybit WDCUSDT
OKX WDC-USDT-SWAP
Gate WDC_USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX WDC-USD | +0.0028% | 1h | 441.44 | −0.005% | $1.1M | $3.0M | 10x | as long as short |
| Lighter WDC | +0.0032% | 1h | 441.49 | +0.006% | — | — | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 441.41 | −0.012% | $272K | $77K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 441.33 | −0.030% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 441.50 | +0.009% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 441.88 | +0.095% | $33K | $9K | 20x | as long as short |
| edgeX WDCUSDC | +0.0361% | 4h | 441.24 | −0.050% | $49K | $229K | 10x | as long as short |
QFEX WDC-USD
Lighter WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
edgeX WDCUSDC