Funding you earn now, next payment 00:00 UTC−0.0298%/8h= −32.6% APRnext payment −$1.49 per $10,000 · paid last 24h +0.010%
Price spread now: Bitget against GRVT−0.018%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$430.425% of the position
Funding, last 7 days−0.187%−$19 on $10k
+Price spread, last 3 days (all we have)−0.012%−$1 · spread now −0.018%, 7d avg −0.018%
=Together, before fees−0.199%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$9 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 -0.187% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.49 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 | GRVT XPT_USDT_Perp | 1,807.8 | 0.0972 | pay 0.0486% / 4h | 2h 27m | $207K | $1.2M | 25x |
| Short | Bitget XPTUSDT | 1,807.4 | 0.0674 | get 0.0337% / 4h | 2h 27m | $1.2M | $429K | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$62.58
- Price spread: −0.018% → −0.018%
- −$0.01
- Slippage, 4 orders
- −$21.53
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$105.12
- Costs to cover
- 0.425%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Bitget: 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 GRVT live order book, 1 min ago | 0.08 bp | 9.2 bp −$9 | 12184.6 bp −$121.8K | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.96 bp | 14.0 bp −$14 | 27.9 bp −$279 | doesn't fit | doesn't fit |
XPT on 20 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 | 1,808.9 | +0.064% | $11K | $36K | 30x | as long as short |
| Extended XPT-USD | +0.0040% | 1h | 1,806.4 | −0.074% | $198K | $444K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,805.6 | −0.119% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,806.3 | −0.082% | $17K | $20K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,808.4 | +0.036% | $307 | $54 | 10x | as long as short |
| Gate XPT_USDT | +0.0188% | 4h | 1,809 | +0.068% | $699K | $431K | 100x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,826.5 | +1.035% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0240% | 4h | 1,807.5 | −0.013% | $201K | $55K | 75x | as long as short |
| Lighter XPT | +0.0264% | 1h | 1,809.9 | +0.118% | $358K | $21K | 20x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0289% | 1h | 1,806.7 | −0.059% | $3.6M | $1.4M | 20x | as long as short |
Show all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0391% | 4h | 1,808.2 | +0.026% | $278K | $326K | — | as long as short |
| BloFin XPT-USDT | +0.0391% | 4h | 1,808.4 | +0.037% | $86K | $63K | 100x | as long as short |
| Binance XPTUSDT | +0.0437% | 4h | 1,808.5 | +0.042% | $4.3M | $4.4M | 100x | as long as short |
| MEXC XPT_USDT | +0.0438% | 4h | 1,808.2 | +0.027% | $24.1M | $632K | 100x | as long as short |
| edgeX XPTUSDC | +0.0449% | 4h | 1,808.1 | +0.018% | $39K | $284K | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0462% | 8h | 1,808.7 | +0.053% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0531% | 4h | 1,808 | +0.012% | $12K | $29K | 20x | as long as short |
| Bitget XPTUSDTshort | +0.0674% | 4h | 1,807.4 | −0.018% | $1.2M | $429K | 100x | |
| OKX XPT-USDT-SWAP | +0.0815% | 8h | 1,808.7 | +0.052% | $922K | $640K | 50x | as long as short |
| GRVT XPT_USDT_Perplong | +0.0972% | 4h | 1,807.8 | long leg | $207K | $1.2M | 25x |
GRVT XPT_USDT_Perp
Bitget XPTUSDT
HTX XPT-USDT
Extended XPT-USD
Pacifica PLATINUM
Gate XPT_USDT
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Lighter XPT
tradeXYZ xyz:PLATINUM
Variational Omni XPT
BloFin XPT-USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Paradex XPT-USD-PERP
Aster XPTUSDT
OKX XPT-USDT-SWAP