Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.013%
Price spread now: Binance against GRVT−0.169%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 7 days−0.032%−$3 on $10k
+Price spread, last 3 days (all we have)+0.134%+$13 · spread now −0.169%, 7d avg −0.001%
=Together, before fees+0.102%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.168% cheaper against GRVT than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.001%). If the spread goes back, that is −$17 on $10k: about 4.9 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BCH_USDT_Perp | 269.07 | −0.0179 | get 0.0179% / 8h | 7h 19m | $392K | $17K | 10x |
| Short | Binance BCHUSDT | 268.62 | −0.0066 | pay 0.0066% / 8h | 7h 19m | $72.8M | $229.1M | 75x |
GRVT BCH_USDT_Perp
Binance BCHUSDTFunding 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
- $23.8
- Price spread: −0.169% → −0.001%
- −$16.77
- Slippage, 4 orders
- −$16.37
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.34
- Costs to cover
- 0.354%
- Break-even
- 15.3 days
Slippage from GRVT: live order book, 53 min ago; Binance: live order book, 9 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, 53 min ago | 0.56 bp | 8.7 bp −$9 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.19 bp | 9.9 bp −$10 | 20.8 bp −$208 | 59.7 bp −$5,969 | 134.1 bp −$67.0K |
BCH on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit BCH_USDC-PERPETUAL | −0.0637% | 1h | 269.12 | +0.017% | $455K | $266K | 25x | as long as short |
| SoDEX BCH-USD | −0.0560% | 1h | 268.98 | −0.034% | $2K | $6K | 10x | as long as short |
| Phemex BCHUSDT | −0.0530% | 8h | 269.10 | +0.011% | $4.9M | $6.5M | 50x | as long as short |
| Gate BCH_USDT | −0.0208% | 8h | 268.75 | −0.119% | $8.4M | $14.3M | 75x | as long as short |
| ApeX Omni BCHUSDT | −0.0184% | 1h | 269.15 | +0.029% | $73K | $215K | 50x | as long as short |
| GRVT BCH_USDT_Perplong | −0.0179% | 8h | 269.07 | long leg | $392K | $17K | 10x | |
| Variational Omni BCH | −0.0129% | 8h | 269.11 | +0.013% | $82K | $285K | — | as long as short |
| Bybit BCHUSDT | −0.0091% | 8h | 268.60 | −0.175% | $39.8M | $32.5M | 75x | as long as short |
| Binance BCHUSDTshort | −0.0066% | 8h | 268.62 | −0.169% | $72.8M | $229.1M | 75x | |
| MEXC BCH_USDT | −0.0065% | 8h | 269.30 | +0.085% | $70.6M | $6.6M | 200x | as long as short |
Deribit BCH_USDC-PERPETUAL
SoDEX BCH-USD
Phemex BCHUSDT
Gate BCH_USDT
ApeX Omni BCHUSDT
Variational Omni BCH
Bybit BCHUSDT
MEXC BCH_USDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended BCH-USD | −0.0064% | 1h | 268.52 | −0.207% | $117K | $972K | 25x | as long as short |
| Coinbase International BCH-PERP-INTX | −0.0056% | 1h | 269.19 | +0.044% | $231K | $2.0M | 50x | as long as short |
| Kraken Futures PF_BCHUSD | −0.0049% | 1h | 269.34 | +0.099% | $862K | $3.1M | 50x | as long as short |
| Bitget BCHUSDT | −0.0023% | 8h | 268.70 | −0.138% | $19.3M | $29.1M | 75x | as long as short |
| gTrade (Gains Network) BCH/USD | L −0.0003% / S +0.0007% | 1h | 268.97 | −0.038% | $7K | — | 150x | as long as short |
| dYdX BCH-USD | 0.0000% | 1h | 268.99 | −0.032% | $5K | $248 | 10x | as long as short |
| Kalshi KXBCHPERP | 0.0000% | 8h | 269.09 | +0.007% | $1.1M | $10.8M | 2.7x | as long as short |
| OKX BCH-USDT-SWAP | +0.0011% | 8h | 268.50 | −0.212% | $26.1M | $76.2M | 50x | as long as short |
| BingX BCH-USDT | +0.0013% | 8h | 268.67 | −0.149% | — | $32.3M | — | as long as short |
| Nado BCH-PERP | +0.0019% | 1h | 268.75 | −0.119% | $440K | $419K | 10x | as long as short |
| HTX BCH-USDT | +0.0026% | 8h | 268.77 | −0.112% | $781K | $1.6M | 75x | as long as short |
| Orderly PERP_BCH_USDC | +0.0029% | 8h | 268.57 | −0.186% | $2K | $176 | 10x | as long as short |
| Injective BCH/USDC PERP | +0.0033% | 1h | 270.20 | +0.419% | $721 | $130K | 12x | as long as short |
| BloFin BCH-USDT | +0.0056% | 8h | 269.01 | −0.023% | $3.9M | $4.2M | 50x | as long as short |
| Lighter BCH | +0.0096% | 1h | 268.92 | −0.056% | $370K | $530K | 10x | as long as short |
| Hyperliquid BCH | +0.0100% | 1h | 269.17 | +0.037% | $6.6M | $4.6M | 10x | as long as short |
| Aster BCHUSDT | +0.0100% | 8h | 268.78 | −0.108% | $177K | $658K | 75x | as long as short |
| Pacifica BCH | +0.0100% | 1h | 268.84 | −0.085% | $163K | $407K | 10x | as long as short |
| KuCoin BCHUSDTM | +0.0100% | 8h | 268.69 | −0.142% | $8.8M | $7.7M | 75x | as long as short |
| edgeX BCHUSDC | +0.0100% | 4h | 269.14 | +0.026% | $19K | $291K | 20x | as long as short |
| SunX BCH-USDT | +0.0100% | 8h | 268.73 | −0.127% | $1K | $1.9M | 30x | as long as short |
| GMX BCH/USD [WBTC.b-USDC] | L +0.0334% / S −0.0451% | 1h | 269.21 | +0.051% | $25K | — | 100x | as long as short |
Extended BCH-USD
Coinbase International BCH-PERP-INTX
Kraken Futures PF_BCHUSD
Bitget BCHUSDT
gTrade (Gains Network) BCH/USD
dYdX BCH-USD
Kalshi KXBCHPERP
OKX BCH-USDT-SWAP
BingX BCH-USDT
Nado BCH-PERP
HTX BCH-USDT
Orderly PERP_BCH_USDC
Injective BCH/USDC PERP
BloFin BCH-USDT
Lighter BCH
Hyperliquid BCH
Aster BCHUSDT
Pacifica BCH
KuCoin BCHUSDTM
edgeX BCHUSDC
SunX BCH-USDT
GMX BCH/USD [WBTC.b-USDC]