Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Binance against GRVT−0.075%99s7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$650.653% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 3 days (all we have)−0.097%−$10 · spread now −0.075%, 7d avg +0.012%
=Together, before fees−0.086%+ Points / potential airdropGRVT: Active · farm board−$9 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: Binance is 0.087% cheaper against GRVT than usual: you would sell low and buy high, −$9 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 | GRVT AXS_USDT_Perp | 1.0804 | 0.0100 | pay 0.0050% / 4h | 27m 51s | $772K | $892K | 10x |
| Short | Binance AXSUSDT | 1.0796 | 0.0100 | get 0.0050% / 4h | 27m 51s | $6.1M | $9.6M | 75x |
GRVT AXS_USDT_Perp
Binance AXSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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: −0.075% → +0.012%
- −$8.73
- Slippage, 4 orders
- −$46.27
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$73.99
- Costs to cover
- 0.653%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 50 min ago; Binance: live order book, 12 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 GRVT live order book, 50 min ago | 4.71 bp | 22.1 bp −$22 | 205.2 bp −$2,052 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.46 bp | 16.7 bp −$17 | 42.6 bp −$426 | doesn't fit | doesn't fit |
AXS on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_AXSUSD | −0.0239% | 1h | 1.0810 | +0.054% | $141K | $312K | 20x | as long as short |
| Injective AXS/USDC PERP | +0.0033% | 1h | 1.0720 | −0.781% | $5 | $47K | 5.5x | as long as short |
| Orderly PERP_AXS_USDC | +0.0078% | 4h | 1.0800 | −0.041% | $3K | — | 10x | as long as short |
| BloFin AXS-USDT | +0.0082% | 4h | 1.0803 | −0.013% | $274K | $17K | 75x | as long as short |
| Lighter AXS | +0.0096% | 1h | 1.0821 | +0.153% | $29K | $36K | 5x | as long as short |
| Hyperliquid AXS | +0.0100% | 1h | 1.0805 | +0.005% | $266K | $300K | 5x | as long as short |
| Aster AXSUSDT | +0.0100% | 4h | 1.0806 | +0.011% | $75K | $11K | 10x | as long as short |
| Binance AXSUSDTshort | +0.0100% | 4h | 1.0796 | −0.075% | $6.1M | $9.6M | 75x | |
| Bybit AXSUSDT | +0.0100% | 8h | 1.0814 | +0.089% | $3.7M | $4.0M | 75x | as long as short |
| OKX AXS-USDT-SWAP | +0.0100% | 4h | 1.0801 | −0.032% | $1.4M | $2.9M | 20x | as long as short |
Kraken Futures PF_AXSUSD
Injective AXS/USDC PERP
Orderly PERP_AXS_USDC
BloFin AXS-USDT
Lighter AXS
Hyperliquid AXS
Aster AXSUSDT
Bybit AXSUSDT
OKX AXS-USDT-SWAPShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate AXS_USDT | +0.0100% | 8h | 1.0813 | +0.079% | $973K | $1.0M | 50x | as long as short |
| MEXC AXS_USDT | +0.0100% | 4h | 1.0799 | −0.050% | $11.5M | $749K | 50x | as long as short |
| KuCoin AXSUSDTM | +0.0100% | 4h | 1.0810 | +0.052% | $613K | $307K | 50x | as long as short |
| Bitget AXSUSDT | +0.0100% | 4h | 1.0810 | +0.052% | $3.2M | $1.2M | 50x | as long as short |
| BingX AXS-USDT | +0.0100% | 4h | 1.0811 | +0.061% | — | $2.6M | — | as long as short |
| Variational Omni AXS | +0.0100% | 8h | 1.0821 | +0.156% | $37K | $4K | — | as long as short |
| GRVT AXS_USDT_Perplong | +0.0100% | 4h | 1.0804 | long leg | $772K | $892K | 10x | |
| SunX AXS-USDT | +0.0100% | 4h | 1.0814 | +0.089% | $2K | $1.3M | 20x | as long as short |
| SoDEX AXS-USD | +0.0100% | 1h | 1.0804 | −0.004% | $710 | $3K | 5x | as long as short |
| Extended AXS-USD | +0.0104% | 1h | 1.0795 | −0.088% | $7K | $156K | 10x | as long as short |
Gate AXS_USDT
MEXC AXS_USDT
KuCoin AXSUSDTM
Bitget AXSUSDT
BingX AXS-USDT
Variational Omni AXS
SunX AXS-USDT
SoDEX AXS-USD
Extended AXS-USD