Funding you earn now, next payment 00:00 UTC−0.0760%/8h= −83.2% APRnext payment −$3.80 per $10,000 · paid last 24h −0.009%
Price spread now: Gate against GRVT+0.060%81s7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$510.511% 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 +0.060%, 7d avg +0.027%
=Together, before fees−0.301%+ Points / potential airdropGRVT: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.034% dearer against GRVT than usual: you sell high and buy low (spread +0.060% now, against its 7-day average of +0.027%): +$3 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.256% in total) that is about 22 hours. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
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 −$3.80 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 | 1,808.1 | 0.0924 | pay 0.0462% / 4h | 2h 24m | $207K | $1.2M | 25x |
| Short | Gate XPT_USDT | 1,809.2 | 0.0164 | get 0.0082% / 4h | 2h 24m | $699K | $431K | 100x |
GRVT XPT_USDT_Perp
Gate XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$159.6
- Price spread: +0.060% → +0.027%
- $3.36
- Slippage, 4 orders
- −$27.07
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$207.31
- Costs to cover
- 0.511%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Gate: live order book, 62 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, 4 min ago | 0.08 bp | 9.2 bp −$9 | 12184.6 bp −$121.8K | doesn't fit | doesn't fit |
| Sell Gate live order book, 62 min ago | 1.80 bp | 16.9 bp −$17 | 24.0 bp −$240 | 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 | 1,808.4 | +0.016% | $11K | $36K | 30x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,806.5 | −0.089% | $198K | $444K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,805.6 | −0.138% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,806 | −0.116% | $17K | $20K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,808.5 | +0.021% | $307 | $54 | 10x | as long as short |
| Gate XPT_USDTshort | +0.0164% | 4h | 1,809.2 | +0.060% | $699K | $431K | 100x | |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,826.5 | +1.017% | $6K | $34K | 52x | as long as short |
| KuCoin XPTUSDTM | +0.0224% | 4h | 1,807.5 | −0.032% | $201K | $55K | 75x | as long as short |
| Lighter XPT | +0.0240% | 1h | 1,809.6 | +0.084% | $358K | $21K | 20x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0274% | 1h | 1,806.6 | −0.082% | $3.6M | $1.4M | 20x | as long as short |
HTX XPT-USDT
Extended XPT-USD
Vest PL-PERP
Pacifica PLATINUM
Aevo PLATINUM-PERP
Injective XPT/USDC PERP
KuCoin XPTUSDTM
Lighter XPT
tradeXYZ xyz:PLATINUMShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XPT | +0.0380% | 4h | 1,808.3 | +0.013% | $278K | $326K | — | as long as short |
| Binance XPTUSDT | +0.0422% | 4h | 1,808.3 | +0.012% | $4.3M | $4.4M | 100x | as long as short |
| MEXC XPT_USDT | +0.0424% | 4h | 1,808.3 | +0.012% | $24.1M | $632K | 100x | as long as short |
| edgeX XPTUSDC | +0.0429% | 4h | 1,808.5 | +0.025% | $39K | $281K | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0437% | 8h | 1,808.4 | +0.017% | $3K | — | 5x | as long as short |
| BloFin XPT-USDT | +0.0470% | 4h | 1,808.4 | +0.019% | $86K | $63K | 100x | as long as short |
| Aster XPTUSDT | +0.0518% | 4h | 1,808.1 | −0.002% | $13K | $31K | 20x | as long as short |
| Bitget XPTUSDT | +0.0652% | 4h | 1,807.5 | −0.033% | $1.2M | $429K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.0805% | 8h | 1,808.8 | +0.039% | $922K | $640K | 50x | as long as short |
| GRVT XPT_USDT_Perplong | +0.0924% | 4h | 1,808.1 | long leg | $207K | $1.2M | 25x |
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Paradex XPT-USD-PERP
BloFin XPT-USDT
Aster XPTUSDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP