Funding you earn now, next payment 00:00 UTC+0.0512%/8h= +56.1% APRnext payment +$2.56 per $10,000 · paid last 24h −0.055%
Price spread now: Gate against MEXC−0.171%7-day average −0.060% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.128%+$13 on $10k
+Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.171%, 7d avg −0.060%
=Funding pays, the price is against you. Gate is 0.111% cheaper against MEXC than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.060%). If the spread goes back, that is −$11 on $10k: about 17 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.128% in total) that is about 6.1 days.
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 +$2.56 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 | MEXC GRVT_USDT | 0.1930 | 0.0100 | pay 0.0050% / 4h | 1h 20m | $3.6M | $130K | 20x |
| Short | Gate GRVT_USDT | 0.1927 | 0.0612 | get 0.0306% / 4h | 1h 20m | $344K | $54K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against MEXC. 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
- $107.52
- Price spread: −0.171% → −0.060%
- −$11.1
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $73.42
- Costs to cover
- 0.230%
- Break-even
- 2.2 days
Slippage unknown: MEXC: live order book, 2 min ago; Gate: live order book, 60 min ago. Net counts fees only.
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 MEXC live order book, 2 min ago | 1.29 bp | 10.0 bp −$10 | 65.3 bp −$653 | 175.7 bp −$17.6K | 625.5 bp −$312.8K |
| Sell Gate live order book, 60 min ago | 26.04 bp | 166.8 bp −$167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1934 | +0.171% | $2.8M | $832K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1932 | +0.078% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDTlong | +0.0100% | 4h | 0.1930 | long leg | $3.6M | $130K | 20x | |
| Bitget GRVTUSDT | +0.0100% | 4h | 0.1932 | +0.067% | $624K | $428K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1935 | +0.246% | $271K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1931 | +0.012% | $12K | $280K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0150% | 4h | 0.1932 | +0.067% | $241K | $73K | 20x | as long as short |
| Gate GRVT_USDTshort | +0.0612% | 4h | 0.1927 | −0.171% | $344K | $54K | 20x | |
| KuCoin GRVTUSDTM | +0.0984% | 4h | 0.1930 | −0.041% | $249K | $626K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.1228% | 4h | 0.1932 | +0.074% | $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 | +0.1268% | 4h | 0.1931 | +0.036% | — | $1.6M | — | as long as short |
| Aster GRVTUSDT | +0.1343% | 4h | 0.1926 | −0.223% | $24K | $30K | 5x | as long as short |
| Extended GRVT-USD | +0.1344% | 1h | 0.1931 | +0.043% | $103K | $387K | 5x | as long as short |
| Binance GRVTUSDT | +0.1345% | 4h | 0.1931 | +0.062% | $5.3M | $2.7M | 25x | as long as short |
MEXC GRVT_USDT
Gate GRVT_USDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
Bitget GRVTUSDT
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
KuCoin GRVTUSDTM
GRVT GRVT_USDT_Perp
BingX GRVT-USDT
Aster GRVTUSDT
Extended GRVT-USD
Binance GRVTUSDT