Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against Binance−0.162%99s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as 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−$830.833% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)+1.115%+$112 · spread now −0.162%, 7d avg −0.012%
=Together, before fees+1.104%+ Points / potential airdropGRVT: Active · farm board+$110 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.149% cheaper against Binance than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of −0.012%. The two prices were read 99 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 | Binance AXSUSDT | 1.0689 | 0.0100 | pay 0.0050% / 4h | 2h 05m | $6.0M | $10.0M | 75x |
| Short | GRVT AXS_USDT_Perp | 1.0671 | 0.0100 | get 0.0050% / 4h | 2h 05m | $762K | $906K | 10x |
Binance AXSUSDT
GRVT AXS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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
- $0
- Price spread: −0.162% → −0.012%
- −$14.94
- Slippage, 4 orders
- −$64.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$98.25
- Costs to cover
- 0.833%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 min ago; GRVT: live order book, 62 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 Binance live order book, 4 min ago | 0.94 bp | 17.4 bp −$17 | 43.9 bp −$439 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 62 min ago | 9.24 bp | 25.0 bp −$25 | 121.6 bp −$1,216 | doesn't fit | doesn't fit |
AXS on 19 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | +0.293% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0084% | 4h | 1.0690 | +0.012% | $3K | — | 10x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0717 | +0.265% | $33K | $41K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0691 | +0.022% | $258K | $312K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0696 | +0.070% | $73K | $14K | 10x | as long as short |
| Binance AXSUSDTlong | +0.0100% | 4h | 1.0689 | long leg | $6.0M | $10.0M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0692 | +0.031% | $3.7M | $4.2M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0689 | +0.003% | $1.4M | $2.9M | 20x | as long as short |
| Gate AXS_USDT | +0.0100% | 8h | 1.0685 | −0.034% | $851K | $997K | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0688 | −0.006% | $11.3M | $732K | 50x | as long as short |
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAP
Gate AXS_USDT
MEXC AXS_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0690 | +0.012% | $599K | $304K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0690 | +0.012% | $3.1M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0693 | +0.040% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0694 | +0.051% | $36K | $3K | — | as long as short |
| GRVT AXS_USDT_Perpshort | +0.0100% | 4h | 1.0671 | −0.162% | $762K | $906K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0695 | +0.059% | $1K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0693 | +0.040% | $731 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0689 | +0.004% | $9K | $240K | 10x | as long as short |
| Kraken Futures PF_AXSUSD | +0.0358% | 1h | 1.0706 | +0.160% | $145K | $338K | 20x | as long as short |
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD
Kraken Futures PF_AXSUSD