Funding you earn now, next payment 08:00 UTC−0.0111%/8h= −12.2% APRnext payment −$1.11 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against GRVT−0.102%80s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$229as 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−$2042.038% of the position
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 4 days (all we have)+0.159%+$16 · spread now −0.102%, 7d avg +0.012%
=Together, before fees−0.092%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.114% cheaper against GRVT than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.012%). Swap the legs. The two prices were read 80 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 | GRVT WDC_USDT_Perp | 450.28 | 0.0111 | pay 0.0111% / 8h | 3h 56m | $527 | $156K | 10x |
| Short | Aster WDCUSDT | 449.82 | 0 | get 0.0000% / 8h | 3h 56m | $11K | $115K | 20x |
GRVT WDC_USDT_Perp
Aster WDCUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$23.31
- Price spread: −0.102% → +0.012%
- −$11.4
- Slippage, 4 orders
- −$186.8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$238.51
- Costs to cover
- 2.038%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; Aster: live order book, 60 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, 57 min ago | 2.55 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 60 min ago | 4.76 bp | 66.1 bp −$66 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster WDCUSDTshort | 0.0000% | 8h | 449.82 | −0.102% | $11K | $115K | 20x | |
| Bybit WDCUSDT | 0.0000% | 8h | 449.82 | −0.103% | $1.9M | $863K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 449.80 | −0.107% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.97 | −0.070% | $1.1M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 449.50 | −0.174% | — | — | 10x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 449.85 | −0.096% | $1.1M | $3.4M | 10x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 449.77 | −0.114% | $4K | $134K | 10x | as long as short |
| Binance WDCUSDT | +0.0044% | 8h | 449.75 | −0.120% | $7.4M | $24.8M | 20x | as long as short |
| tradeXYZ xyz:WDC | +0.0050% | 1h | 449.63 | −0.145% | $2.4M | $2.1M | 10x | as long as short |
| BloFin WDC-USDT | +0.0065% | 8h | 450.13 | −0.034% | $146K | $94K | 20x | as long as short |
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
Lighter WDC
QFEX WDC-USD
Extended WDC-USD
Binance WDCUSDT
tradeXYZ xyz:WDC
BloFin WDC-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.94 | −0.076% | $276K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 449.87 | −0.092% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 449.80 | −0.107% | — | $2.4M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.24 | −0.010% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perplong | +0.0111% | 8h | 450.28 | long leg | $527 | $156K | 10x | |
| OKX WDC-USDT-SWAP | +0.0146% | 8h | 450.16 | −0.027% | $2.2M | $3.9M | 20x | as long as short |
| edgeX WDCUSDC | +0.0319% | 4h | 450.08 | −0.044% | $50K | $229K | 10x | as long as short |
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT
OKX WDC-USDT-SWAP
edgeX WDCUSDC