Funding you earn now, next payment 00:00 UTC+0.0716%/8h= +78.4% APRnext payment +$3.58 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against edgeX−0.119%82s7-day average −0.083% · you buy dearer than you sell
Net, funding: paid 7d − costs−$4,396as 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−$4,40944.087% of the position
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 3 days (all we have)+0.220%+$22 · spread now −0.119%, 7d avg −0.083%
=Together, before fees+0.348%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.036% cheaper against edgeX than usual: you would sell low and buy high (spread −0.119% now, against its 7-day average of −0.083%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.128% in total) that is about 47 hours. The two prices were read 82 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 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.58 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 | edgeX GRVTUSDC | 0.1934 | 0.0100 | pay 0.0050% / 4h | 48m 05s | $12K | $281K | 10x |
| Short | Gate GRVT_USDT | 0.1932 | 0.0816 | get 0.0408% / 4h | 48m 05s | $343K | $54K | 20x |
edgeX GRVTUSDC
Gate GRVT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against edgeX. 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
- $150.36
- Price spread: −0.119% → −0.083%
- −$3.58
- Slippage, 4 orders
- −$4,384.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$4,261.88
- Costs to cover
- 44.087%
- Break-even
- 205.4 days
Slippage from edgeX: live order book, 30 min ago; Gate: live order book, 27 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 edgeX live order book, 30 min ago | 7.78 bp | 126.1 bp −$126 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 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-USDT | +0.0074% | 4h | 0.1936 | +0.104% | $241K | $65K | 20x | as long as short |
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1932 | −0.134% | $2.8M | $842K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1933 | −0.046% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1933 | −0.067% | $3.7M | $129K | 20x | as long as short |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1933 | −0.088% | $636K | $446K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1934 | −0.007% | $271K | $17K | — | as long as short |
| edgeX GRVTUSDClong | +0.0100% | 4h | 0.1934 | long leg | $12K | $281K | 10x | |
| Gate GRVT_USDTshort | +0.0816% | 4h | 0.1932 | −0.119% | $343K | $54K | 20x | |
| KuCoin GRVTUSDTM | +0.1060% | 4h | 0.1932 | −0.103% | $249K | $640K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1268% | 4h | 0.1934 | −0.031% | $304K | $191K | 10x | as long as short |
BloFin GRVT-USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Bitget GRVTUSDT
Variational Omni GRVT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_PerpShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.1345% | 4h | 0.1931 | −0.170% | — | $1.6M | — | as long as short |
| Binance GRVTUSDT | +0.1455% | 4h | 0.1930 | −0.200% | $5.3M | $2.7M | 25x | as long as short |
| Extended GRVT-USD | +0.1456% | 1h | 0.1930 | −0.218% | $103K | $387K | 5x | as long as short |
| Aster GRVTUSDT | +0.1474% | 4h | 0.1932 | −0.119% | $24K | $30K | 5x | as long as short |
BingX GRVT-USDT
Binance GRVTUSDT
Extended GRVT-USD
Aster GRVTUSDT