Funding you earn now, next payment 02:00 UTC−0.0460%/8h= −50.4% APRpaid last 24h +0.002%
Price spread now: Extended against GRVT−0.038%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1041.044% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.449%+$45 · spread now −0.038%, 7d avg −0.023%
=Together, before fees+0.352%+ Points / potential airdropGRVT: Active · Extended: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.023%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.098% in total (about -5.1% 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 | GRVT WDC_USDT_Perp | 450.83 | 0.0460 | pay 0.0460% / 8h | 6h 21m | $595 | $161K | 10x |
| Short | Extended WDC-USD | 450.66 | 0 | get 0.0000% / 1h | 21m 26s | $4K | $134K | 10x |
GRVT WDC_USDT_Perp
Extended WDC-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$96.6
- Price spread: −0.038% → −0.023%
- −$1.48
- Slippage, 4 orders
- −$90.39
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$202.46
- Costs to cover
- 1.044%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 41 min ago; Extended: live order book, 44 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, 41 min ago | 2.21 bp | 60.3 bp −$60 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 44 min ago | 1.88 bp | 14.8 bp −$15 | 123.9 bp −$1,239 | 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 | −0.0336% | 4h | 450.70 | −0.029% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 450.45 | −0.084% | $11K | $115K | 20x | as long as short |
| Extended WDC-USDshort | 0.0000% | 1h | 450.66 | −0.038% | $4K | $134K | 10x | |
| Binance WDCUSDT | 0.0000% | 8h | 450.69 | −0.031% | $7.5M | $25.0M | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 450.74 | −0.020% | $2.0M | $824K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 450.60 | −0.051% | $2.0M | $2.6M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 450.75 | −0.018% | $1.2M | $1.1M | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 450.35 | −0.106% | — | — | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0053% | 8h | 450.70 | −0.029% | $2.2M | $4.0M | 20x | as long as short |
| QFEX WDC-USD | +0.0062% | 1h | 450.47 | −0.080% | $1.1M | $3.7M | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Binance WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
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 | +0.0069% | 1h | 450.30 | −0.118% | $2.4M | $2.2M | 10x | as long as short |
| KuCoin WDCUSDTM | +0.0100% | 8h | 450.74 | −0.020% | $277K | $44K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 450.44 | −0.086% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDT | +0.0100% | 8h | 450.90 | +0.016% | — | $2.5M | 10x | as long as short |
| HTX WDC-USDT | +0.0100% | 8h | 450.97 | +0.031% | $33K | $8K | 10x | as long as short |
| GRVT WDC_USDT_Perplong | +0.0460% | 8h | 450.83 | long leg | $595 | $161K | 10x |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
SunX WDC-USDT
HTX WDC-USDT