Funding you earn now, next payment 08:00 UTC−0.0324%/8h= −35.5% APRnext payment −$1.62 per $10,000 · paid last 24h +0.011%
Price spread now: Gate against Bitget−0.385%7-day average −0.098% · you buy dearer than you sell
Net, funding: paid 7d − costs−$521as in the Funding arb table
Net, price: spread back to 7d avg − costs−$579as in the Price arb table
costs, in and out, $10k−$5505.504% of the position
Funding, last 7 days+0.294%+$29 on $10k
+Price spread, last 4 days (all we have)+0.278%+$28 · spread now −0.385%, 7d avg −0.098%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Gate is 0.288% cheaper against Bitget than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.098%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.294%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget GRVTUSDT | 0.1894 | 0.0424 | pay 0.0212% / 4h | 2h 21m | $669K | $850K | 20x |
| Short | Gate GRVT_USDT | 0.1887 | 0.0100 | get 0.0050% / 4h | 2h 21m | $331K | $96K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- −$68.04
- Price spread: −0.385% → −0.098%
- −$28.77
- Slippage, 4 orders
- −$523.44
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$647.25
- Costs to cover
- 5.504%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 24 min ago; Gate: live order book, 24 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 Bitget live order book, 24 min ago | 4.50 bp | 25.4 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 24 min ago | 7.95 bp | 168.4 bp −$168 | doesn't fit | doesn't fit | doesn't fit |
GRVT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate GRVT_USDTshort | +0.0100% | 4h | 0.1887 | −0.385% | $331K | $96K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1887 | −0.378% | $264K | $16K | — | as long as short |
| KuCoin GRVTUSDTM | +0.0242% | 4h | 0.1891 | −0.179% | $202K | $764K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0298% | 4h | 0.1890 | −0.226% | $286K | $149K | 10x | as long as short |
| Bybit GRVTUSDT | +0.0314% | 4h | 0.1894 | −0.005% | $2.8M | $771K | 20x | as long as short |
| MEXC GRVT_USDT | +0.0424% | 4h | 0.1892 | −0.116% | $3.6M | $129K | 20x | as long as short |
| Bitget GRVTUSDTlong | +0.0424% | 4h | 0.1894 | long leg | $669K | $850K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0426% | 4h | 0.1893 | −0.063% | $2.0M | $2.1M | 20x | as long as short |
| edgeX GRVTUSDC | +0.0428% | 4h | 0.1890 | −0.237% | $10K | $280K | 10x | as long as short |
| BingX GRVT-USDT | +0.0434% | 4h | 0.1895 | +0.037% | — | $1.6M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended GRVT-USD | +0.0464% | 1h | 0.1892 | −0.144% | $101K | $324K | 5x | as long as short |
| Binance GRVTUSDT | +0.0464% | 4h | 0.1893 | −0.050% | $5.1M | $2.9M | 25x | as long as short |
| BloFin GRVT-USDT | +0.0489% | 4h | 0.1891 | −0.179% | $239K | $53K | 20x | as long as short |
| Aster GRVTUSDT | +0.0666% | 4h | 0.1892 | −0.144% | $23K | $29K | 5x | as long as short |
Bitget GRVTUSDT
Gate GRVT_USDT
Variational Omni GRVT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
Bybit GRVTUSDT
MEXC GRVT_USDT
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
BingX GRVT-USDT
Extended GRVT-USD
Binance GRVTUSDT
BloFin GRVT-USDT
Aster GRVTUSDT