Funding you earn now, next payment 08:00 UTC+0.0424%/8h= +46.4% APRnext payment +$4.24 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against Gate+0.002%111s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$84as 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−$1091.091% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 4 days (all we have)−0.447%−$45 · spread now +0.002%, 7d avg +0.007%
=Together, before fees−0.197%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. The two prices were read 111 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 0.250% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.24 per $10,000. 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 | Gate WDC_USDT | 450.70 | 0 | get 0.0000% / 8h | 6h 23m | $2.0M | $2.6M | 50x |
| Short | GRVT WDC_USDT_Perp | 450.71 | 0.0424 | get 0.0424% / 8h | 6h 23m | $771 | $161K | 10x |
Gate WDC_USDT
GRVT WDC_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Gate. 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
- $89.04
- Price spread: +0.002% → +0.007%
- −$0.52
- Slippage, 4 orders
- −$85.1
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$20.58
- Costs to cover
- 1.091%
- Break-even
- 8.6 days
Slippage from Gate: live order book, 4 min ago; GRVT: live order book, 39 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 Gate live order book, 4 min ago | 2.22 bp | 13.2 bp −$13 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 39 min ago | 2.21 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
WDC on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0984% | 4h | 450.75 | +0.011% | $50K | $229K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.04 | −0.146% | $11K | $115K | 20x | as long as short |
| Extended WDC-USD | 0.0000% | 1h | 450.58 | −0.026% | $4K | $138K | 10x | as long as short |
| Binance WDCUSDT | 0.0000% | 8h | 450.69 | −0.001% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.68 | −0.004% | $2.0M | $824K | 25x | as long as short |
| Gate WDC_USDTlong | 0.0000% | 8h | 450.70 | long leg | $2.0M | $2.6M | 50x | |
| Bitget WDCUSDT | 0.0000% | 8h | 450.77 | +0.016% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.06 | −0.142% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0054% | 8h | 451.10 | +0.089% | $2.2M | $4.0M | 20x | as long as short |
| QFEX WDC-USD | +0.0062% | 1h | 450.57 | −0.029% | $1.1M | $3.7M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Extended WDC-USD
Binance WDCUSDT
Bybit WDCUSDT
Bitget WDCUSDT
Lighter WDC
OKX WDC-USDT-SWAP
QFEX WDC-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0077% | 1h | 450.51 | −0.042% | $2.4M | $2.2M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.55 | −0.033% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.60 | −0.022% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.70 | 0.000% | — | $2.5M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.97 | +0.060% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perpshort | +0.0424% | 8h | 450.71 | +0.002% | $771 | $161K | 10x |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT