Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.09 per $10,000 · paid last 24h +0.001%
Price spread now: MEXC against BloFin+0.101%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$690.695% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.101%, 7d avg −0.029%
=The price spread pays, funding is against you. MEXC is 0.130% dearer against BloFin than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of −0.029%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 23 days. At the pace of the last 7 days (−0.007% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin GRVT-USDT | 0.1887 | 0.0245 | pay 0.0122% / 4h | 1h 44m | $239K | $45K | 20x |
| Short | MEXC GRVT_USDT | 0.1888 | 0.0226 | get 0.0113% / 4h | 1h 44m | $3.6M | $130K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$3.95
- Price spread: +0.101% → −0.029%
- $12.98
- Slippage, 4 orders
- −$49.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$60.44
- Costs to cover
- 0.695%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 31 min ago; MEXC: live order book, 2 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, 31 min ago | 0.53 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.80 bp | 12.2 bp −$12 | 69.2 bp −$692 | 218.3 bp −$21.8K | 682.3 bp −$341.1K |
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_USDT | +0.0100% | 4h | 0.1885 | −0.080% | $328K | $100K | 20x | as long as short |
| KuCoin GRVTUSDTM | +0.0100% | 4h | 0.1887 | +0.027% | $196K | $765K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1887 | +0.022% | $263K | $16K | — | as long as short |
| Bybit GRVTUSDT | +0.0174% | 4h | 0.1891 | +0.217% | $2.8M | $750K | 20x | as long as short |
| MEXC GRVT_USDTshort | +0.0226% | 4h | 0.1888 | +0.101% | $3.6M | $130K | 20x | |
| OKX GRVT-USDT-SWAP | +0.0233% | 4h | 0.1889 | +0.154% | $2.0M | $2.0M | 20x | as long as short |
| edgeX GRVTUSDC | +0.0238% | 4h | 0.1885 | −0.067% | $10K | $282K | 10x | as long as short |
| BloFin GRVT-USDTlong | +0.0245% | 4h | 0.1887 | long leg | $239K | $45K | 20x | |
| Bitget GRVTUSDT | +0.0370% | 4h | 0.1889 | +0.117% | $665K | $842K | 20x | as long as short |
| Binance GRVTUSDT | +0.0388% | 4h | 0.1889 | +0.133% | $5.1M | $2.8M | 25x | 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 | +0.0390% | 4h | 0.1889 | +0.133% | — | $1.7M | — | as long as short |
| Extended GRVT-USD | +0.0392% | 1h | 0.1889 | +0.110% | $102K | $324K | 5x | as long as short |
| Aster GRVTUSDT | +0.0535% | 4h | 0.1889 | +0.107% | $23K | $29K | 5x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0602% | 4h | 0.1889 | +0.138% | $276K | $155K | 10x | as long as short |
BloFin GRVT-USDT
MEXC GRVT_USDT
Gate GRVT_USDT
KuCoin GRVTUSDTM
Variational Omni GRVT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
edgeX GRVTUSDC
Bitget GRVTUSDT
Binance GRVTUSDT
BingX GRVT-USDT
Extended GRVT-USD
Aster GRVTUSDT
GRVT GRVT_USDT_Perp