Funding you earn now, next payment 00:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h −0.051%
Price spread now: Bitget against BloFin−0.134%105s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as 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−$1000.998% of the position
Funding, last 7 days−0.159%−$16 on $10k
+Price spread, last 3 days (all we have)+0.410%+$41 · spread now −0.134%, 7d avg −0.012%
=Funding pays, the price is against you. Bitget is 0.122% cheaper against BloFin than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.012%). If the spread goes back, that is −$12 on $10k: about 16 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.159%, so the current rate has only just turned in your favour. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRVT-USDT | 0.1936 | 0.0074 | pay 0.0037% / 4h | 47m 28s | $241K | $65K | 20x |
| Short | Bitget GRVTUSDT | 0.1934 | 0.0100 | get 0.0050% / 4h | 47m 28s | $635K | $447K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $5.4
- Price spread: −0.134% → −0.012%
- −$12.22
- Slippage, 4 orders
- −$75.8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$106.62
- Costs to cover
- 0.998%
- Break-even
- 145.1 days
Slippage from BloFin: live order book, 23 min ago; Bitget: live order book, 28 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 BloFin live order book, 23 min ago | 0.26 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 28 min ago | 5.44 bp | 22.8 bp −$23 | 129.9 bp −$1,299 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRVT-USDTlong | +0.0074% | 4h | 0.1936 | long leg | $241K | $65K | 20x | |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1933 | −0.165% | $2.8M | $842K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1933 | −0.170% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1932 | −0.201% | $3.7M | $129K | 20x | as long as short |
| Bitget GRVTUSDTshort | +0.0100% | 4h | 0.1934 | −0.134% | $635K | $447K | 20x | |
| Variational Omni GRVT | +0.0100% | 4h | 0.1934 | −0.111% | $271K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1936 | −0.034% | $12K | $281K | 10x | as long as short |
| Gate GRVT_USDT | +0.0820% | 4h | 0.1931 | −0.274% | $343K | $54K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.1066% | 4h | 0.1931 | −0.274% | $249K | $640K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1298% | 4h | 0.1935 | −0.068% | $304K | $191K | 10x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.1382% | 4h | 0.1931 | −0.274% | — | $1.6M | — | as long as short |
| Extended GRVT-USD | +0.1456% | 1h | 0.1930 | −0.344% | $103K | $387K | 5x | as long as short |
| Binance GRVTUSDT | +0.1464% | 4h | 0.1931 | −0.276% | $5.3M | $2.7M | 25x | as long as short |
| Aster GRVTUSDT | +0.1474% | 4h | 0.1932 | −0.222% | $24K | $30K | 5x | as long as short |
BloFin GRVT-USDT
Bitget GRVTUSDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
Gate GRVT_USDT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
BingX GRVT-USDT
Extended GRVT-USD
Binance GRVTUSDT
Aster GRVTUSDT