Funding you earn now, next payment 12:00 UTC−0.0800%/8h= −87.6% APRpaid last 24h +0.108%
Price spread now: GRVT against Extended+0.152%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.152%, 7d avg +0.051%
=Together, before fees+0.193%+ Points / potential airdropExtended: Active · GRVT: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.101% dearer against Extended than usual: you sell high and buy low (spread +0.152% now, against its 7-day average of +0.051%): +$10 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.261%, 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 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended XPT-USD | 1,788.7 | 0.1256 | pay 0.0157% / 1h | 9m 18s | $150K | $686K | 10x |
| Short | GRVT XPT_USDT_Perp | 1,791.4 | 0.0456 | get 0.0228% / 4h | 9m 18s | $207K | $794K | 25x |
Funding 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
- −$168
- Price spread: +0.152% → +0.051%
- $10.06
- Slippage, 4 orders
- −$14.05
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$185.99
- Costs to cover
- 0.280%
- Break-even
- never at this rate
Slippage from Extended: live order book, 31 min ago; GRVT: live order book, 32 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, 31 min ago | 0.28 bp | 5.0 bp −$5 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 32 min ago | 0.03 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XPT on 21 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | 0.0000% | 4h | 1,791.6 | +0.163% | $253K | $196K | — | as long as short |
| HTX XPT-USDT | 0.0000% | 4h | 1,790.8 | +0.120% | $11K | $39K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,788.7 | +0.003% | $229 | — | 150x | as long as short |
| Injective XPT/USDC PERP | +0.0033% | 1h | 1,811.1 | +1.255% | $6K | $34K | 52x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,787.9 | −0.044% | — | — | 25x | as long as short |
| Aster XPTUSDT | +0.0090% | 4h | 1,793.2 | +0.252% | $14K | $10K | 20x | as long as short |
| edgeX XPTUSDC | +0.0093% | 4h | 1,790.9 | +0.123% | $39K | $280K | 10x | as long as short |
| MEXC XPT_USDT | +0.0096% | 4h | 1,790.5 | +0.102% | $22.9M | $731K | 100x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.5 | −0.009% | $13K | $34K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,792.7 | +0.226% | $236K | $41K | 75x | as long as short |
Show all 21 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XPTUSDT | +0.0100% | 4h | 1,792.4 | +0.207% | $4.7M | $6.1M | 100x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,792.4 | +0.205% | $305 | — | 10x | as long as short |
| BloFin XPT-USDT | +0.0108% | 4h | 1,791.8 | +0.173% | $88K | $78K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0163% | 1h | 1,790.3 | +0.090% | $3.4M | $1.2M | 20x | as long as short |
| Gate XPT_USDT | +0.0190% | 4h | 1,791.3 | +0.145% | $645K | $607K | 100x | as long as short |
| Bitget XPTUSDT | +0.0338% | 4h | 1,791.2 | +0.142% | $1.4M | $727K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0392% | 8h | 1,792.3 | +0.203% | $3K | — | 5x | as long as short |
| OKX XPT-USDT-SWAP | +0.0417% | 8h | 1,792.8 | +0.230% | $918K | $1.2M | 50x | as long as short |
| GRVT XPT_USDT_Perpshort | +0.0456% | 4h | 1,791.4 | +0.152% | $207K | $794K | 25x | |
| Lighter XPT | +0.0632% | 1h | 1,792.9 | +0.235% | $360K | $58K | 20x | as long as short |
| Extended XPT-USDlong | +0.1256% | 1h | 1,788.7 | long leg | $150K | $686K | 10x |
Extended XPT-USD
GRVT XPT_USDT_Perp
Variational Omni XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Injective XPT/USDC PERP
Aster XPTUSDT
edgeX XPTUSDC
MEXC XPT_USDT
Pacifica PLATINUM
KuCoin XPTUSDTM
Binance XPTUSDT
BloFin XPT-USDT
tradeXYZ xyz:PLATINUM
Gate XPT_USDT
Bitget XPTUSDT
Paradex XPT-USD-PERP
OKX XPT-USDT-SWAP
Lighter XPT