Funding you earn now, next payment 00:00 UTC+0.0420%/8h= +46.0% APRnext payment +$2.10 per $10,000 · paid last 24h +0.009%
Price spread now: GRVT against Gate−0.069%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 3 days (all we have)+0.046%+$5 · spread now −0.069%, 7d avg −0.028%
=Together, before fees+0.302%+ Points / potential airdropGRVT: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.041% cheaper against Gate than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.028%). If the spread goes back, that is −$4 on $10k: about 8 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.256% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.256% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.10 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 XPT_USDT | 1,822.1 | 0.0272 | pay 0.0136% / 4h | 3h 58m | $677K | $344K | 100x |
| Short | GRVT XPT_USDT_Perp | 1,820.8 | 0.0692 | get 0.0346% / 4h | 3h 58m | $207K | $1.1M | 25x |
Funding 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
- $88.2
- Price spread: −0.069% → −0.028%
- −$4.14
- Slippage, 4 orders
- −$20.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $39.28
- Costs to cover
- 0.448%
- Break-even
- 3.9 days
Slippage from Gate: live order book, 13 min ago; GRVT: live order book, 4 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, 13 min ago | 0.55 bp | 15.1 bp −$15 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 4 min ago | 0.03 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,820 | −0.116% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,818.9 | −0.176% | $233 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,819.1 | −0.165% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,817.6 | −0.245% | $17K | $27K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,821.9 | −0.014% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,821.3 | −0.046% | $310 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0167% | 1h | 1,819.6 | −0.137% | $3.6M | $1.1M | 20x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,835.4 | +0.731% | $6K | $34K | 52x | as long as short |
| Variational Omni XPT | +0.0230% | 4h | 1,820.5 | −0.089% | $288K | $326K | — | as long as short |
| Gate XPT_USDTlong | +0.0272% | 4h | 1,822.1 | long leg | $677K | $344K | 100x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0285% | 4h | 1,821.4 | −0.038% | $86K | $64K | 100x | as long as short |
| edgeX XPTUSDC | +0.0286% | 4h | 1,820.2 | −0.104% | $40K | $283K | 10x | as long as short |
| MEXC XPT_USDT | +0.0300% | 4h | 1,820.4 | −0.095% | $24.2M | $644K | 100x | as long as short |
| Binance XPTUSDT | +0.0304% | 4h | 1,821.1 | −0.057% | $4.3M | $4.2M | 100x | as long as short |
| Extended XPT-USD | +0.0328% | 1h | 1,818.6 | −0.193% | $206K | $453K | 10x | as long as short |
| Aster XPTUSDT | +0.0371% | 4h | 1,818.8 | −0.181% | $15K | $12K | 20x | as long as short |
| Bitget XPTUSDT | +0.0390% | 4h | 1,820.4 | −0.095% | $1.3M | $334K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0405% | 8h | 1,821.1 | −0.057% | $3K | — | 5x | as long as short |
| Lighter XPT | +0.0576% | 1h | 1,822.6 | +0.027% | $361K | $15K | 20x | as long as short |
| GRVT XPT_USDT_Perpshort | +0.0692% | 4h | 1,820.8 | −0.069% | $207K | $1.1M | 25x | |
| OKX XPT-USDT-SWAP | +0.0715% | 8h | 1,821.5 | −0.033% | $924K | $536K | 50x | as long as short |
Gate XPT_USDT
GRVT XPT_USDT_Perp
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
tradeXYZ xyz:PLATINUM
Injective XPT/USDC PERP
Variational Omni XPT
BloFin XPT-USDT
edgeX XPTUSDC
MEXC XPT_USDT
Binance XPTUSDT
Extended XPT-USD
Aster XPTUSDT
Bitget XPTUSDT
Paradex XPT-USD-PERP
Lighter XPT
OKX XPT-USDT-SWAP