Funding you earn now, next payment 00:00 UTC+0.0756%/8h= +82.8% APRnext payment +$3.78 per $10,000 · paid last 24h −0.051%
Price spread now: Gate against BloFin−0.016%7-day average −0.104% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$4,196as in the Price arb table
costs, in and out, $10k−$4,20542.047% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 3 days (all we have)+0.127%+$13 · spread now −0.016%, 7d avg −0.104%
=Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Gate is 0.089% dearer against BloFin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.104%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.78 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 | BloFin GRVT-USDT | 0.1924 | 0.0054 | pay 0.0027% / 4h | 43m 09s | $238K | $65K | 20x |
| Short | Gate GRVT_USDT | 0.1924 | 0.0810 | get 0.0405% / 4h | 43m 09s | $342K | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $158.72
- Price spread: −0.016% → −0.104%
- $8.87
- Slippage, 4 orders
- −$4,177.65
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$4,037.06
- Costs to cover
- 42.047%
- Break-even
- 185.0 days
Slippage from BloFin: live order book, 28 min ago; Gate: live order book, 32 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, 28 min ago | 0.26 bp | 20.8 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 18.12 bp | 360.7 bp −$361 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin GRVT-USDTlong | +0.0054% | 4h | 0.1924 | long leg | $238K | $65K | 20x | |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1925 | +0.047% | $2.8M | $843K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1925 | +0.010% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1925 | +0.052% | $3.6M | $129K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1926 | +0.078% | $666K | $470K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1933 | +0.440% | $271K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1930 | +0.303% | $12K | $282K | 10x | as long as short |
| Gate GRVT_USDTshort | +0.0810% | 4h | 0.1924 | −0.016% | $342K | $54K | 20x | |
| KuCoin GRVTUSDTM | +0.1072% | 4h | 0.1923 | −0.083% | $247K | $643K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1280% | 4h | 0.1931 | +0.348% | $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 | 0.1923 | −0.068% | — | $1.6M | — | as long as short |
| Binance GRVTUSDT | +0.1453% | 4h | 0.1924 | −0.041% | $5.3M | $2.7M | 25x | as long as short |
| Extended GRVT-USD | +0.1456% | 1h | 0.1923 | −0.085% | $103K | $387K | 5x | as long as short |
| Aster GRVTUSDT | +0.1480% | 4h | 0.1926 | +0.064% | $24K | $30K | 5x | as long as short |
BloFin GRVT-USDT
Gate GRVT_USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Bitget GRVTUSDT
Variational Omni GRVT
edgeX GRVTUSDC
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
BingX GRVT-USDT
Binance GRVTUSDT
Extended GRVT-USD
Aster GRVTUSDT