Funding you earn now, next payment 08:00 UTC−0.0089%/8h= −9.8% APRnext payment −$0.89 per $10,000 · paid last 24h +0.031%
Price spread now: Aster against GRVT+0.149%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3as in the Price arb table
costs, in and out, $10k−$190.188% of the position
Funding, last 7 days−0.056%−$6 on $10k
+Price spread, last 7 days−0.109%−$11 · spread now +0.149%, 7d avg −0.010%
=Together, before fees−0.165%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.160% dearer against GRVT than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of −0.010%): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.056% in total) that is about 20 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BNB_USDT_Perp | 790.47 | 0.0136 | pay 0.0136% / 8h | 4h 54m | $2.9M | $28.0M | 10x |
| Short | Aster BNBUSDT | 791.65 | 0.0047 | get 0.0047% / 8h | 4h 54m | $6.1M | $18.7M | 200x |
GRVT BNB_USDT_Perp
Aster BNBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$18.79
- Price spread: +0.149% → −0.010%
- $15.98
- Slippage, 4 orders
- −$1.75
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$21.57
- Costs to cover
- 0.188%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 4 min ago; Aster: live order book, 4 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, 4 min ago | 0.06 bp | 4.6 bp −$5 | 6.6 bp −$66 | 282.7 bp −$28.3K | doesn't fit |
| Sell Aster live order book, 4 min ago | 0.57 bp | 4.8 bp −$5 | 5.1 bp −$51 | 16.5 bp −$1,653 | doesn't fit |
BNB on 46 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX BNB/USD [WBTC.b-USDC] | L −0.0182% / S +0.0348% | 1h | 791.00 | +0.068% | $46K | — | 200x | as long as short |
| Hotstuff BNB-PERP | −0.0080% | 1h | 791.49 | +0.129% | $4K | $42 | 25x | as long as short |
| StandX BNB-USD | 0.0000% | 1h | 792.07 | +0.203% | $856K | $3.1M | 30x | as long as short |
| gTrade (Gains Network) BNB/USD | L +0.0007% / S −0.0007% | 1h | 791.13 | +0.084% | $9.7M | — | 150x | as long as short |
| Injective BNB/USDC PERP | +0.0033% | 1h | 805.09 | +1.850% | $19K | $789K | 30x | as long as short |
| Aster BNBUSDTshort | +0.0047% | 8h | 791.65 | +0.149% | $6.1M | $18.7M | 200x | |
| BingX BNB-USDC | +0.0056% | 8h | 790.90 | +0.054% | — | $13.4M | — | as long as short |
| Phemex BNBUSDT | +0.0061% | 8h | 791.53 | +0.134% | $69.3M | $49.9M | 50x | as long as short |
| Coinbase International BNB-PERP-INTX | +0.0064% | 1h | 790.64 | +0.022% | $583K | $1.9M | 50x | as long as short |
| MEXC BNB_USDT | +0.0069% | 8h | 792.10 | +0.206% | $80.5M | $12.1M | 200x | as long as short |
GMX BNB/USD [WBTC.b-USDC]
Hotstuff BNB-PERP
StandX BNB-USD
gTrade (Gains Network) BNB/USD
Injective BNB/USDC PERP
BingX BNB-USDC
Phemex BNBUSDT
Coinbase International BNB-PERP-INTX
MEXC BNB_USDTShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BNBUSDT | +0.0070% | 8h | 791.67 | +0.152% | $494.1M | $790.1M | 75x | as long as short |
| Lighter BNB | +0.0096% | 1h | 791.18 | +0.089% | $2.8M | $3.8M | 20x | as long as short |
| Orderly PERP_BNB_USDC | +0.0100% | 8h | 791.22 | +0.095% | $266K | $498K | 50x | as long as short |
| Nado BNB-PERP | +0.0100% | 1h | 790.45 | −0.002% | $1.5M | $2.6M | 20x | as long as short |
| Hyperliquid BNB | +0.0100% | 1h | 791.66 | +0.151% | $51.9M | $17.6M | 10x | as long as short |
| Pacifica BNB | +0.0100% | 1h | 791.13 | +0.083% | $1.2M | $931K | 20x | as long as short |
| Bybit BNBUSDT | +0.0100% | 8h | 790.85 | +0.048% | $139.1M | $75.1M | 75x | as long as short |
| OKX BNB-USDT-SWAP | +0.0100% | 8h | 790.90 | +0.054% | $53.5M | $111.7M | 50x | as long as short |
| Arcus BNB-USD | +0.0100% | 1h | 791.20 | +0.092% | $52K | $130K | 10x | as long as short |
| Gate BNB_USDT | +0.0100% | 8h | 790.95 | +0.061% | $35.5M | $56.4M | 75x | as long as short |
| KuCoin BNBUSDTM | +0.0100% | 8h | 791.02 | +0.070% | $27.7M | $10.3M | 75x | as long as short |
| Bitget BNBUSDT | +0.0100% | 8h | 790.78 | +0.039% | $76.6M | $30.3M | 75x | as long as short |
| Backpack BNB_USDC_PERP | +0.0100% | 1h | 791.57 | +0.139% | $2.2M | $6.1M | 40x | as long as short |
| Variational Omni BNB | +0.0100% | 8h | 790.82 | +0.044% | $4.1M | $4.6M | — | as long as short |
| edgeX BNBUSDC | +0.0100% | 4h | 790.34 | −0.016% | $4.1M | $74.3M | 30x | as long as short |
| ApeX Omni BNBUSDT | +0.0100% | 1h | 790.18 | −0.037% | $159K | $441K | 50x | as long as short |
| Polymarket Perps BNB-USD | +0.0100% | 1h | 790.84 | +0.047% | $134K | $950K | 10x | as long as short |
| Derive BNB-PERP | +0.0100% | 1h | 791.32 | +0.108% | $31K | $12K | 10x | as long as short |
| SunX BNB-USDT | +0.0100% | 8h | 791.45 | +0.124% | $12K | $1.5M | 50x | as long as short |
| SoDEX BNB-USD | +0.0100% | 1h | 791.20 | +0.092% | $389K | $1.0M | 10x | as long as short |
| HTX BNB-USDT | +0.0100% | 8h | 790.91 | +0.055% | $8.1M | $9.3M | 75x | as long as short |
| Paradex BNB-USD-PERP | +0.0101% | 8h | 791.59 | +0.142% | $77K | $17K | 50x | as long as short |
| Extended BNB-USD | +0.0104% | 1h | 790.72 | +0.032% | $1.8M | $5.9M | 50x | as long as short |
| Aevo BNB-PERP | +0.0104% | 1h | 791.16 | +0.087% | $380K | $110K | 10x | as long as short |
| Phoenix BNB | +0.0107% | 1h | 791.15 | +0.086% | $170K | $35K | 10x | as long as short |
| dYdX BNB-USD | +0.0122% | 1h | 791.17 | +0.088% | $160K | $64K | 10x | as long as short |
| GRVT BNB_USDT_Perplong | +0.0136% | 8h | 790.47 | long leg | $2.9M | $28.0M | 10x | |
| Kalshi KXBNBPERP | +0.0182% | 8h | 791.60 | +0.143% | $113K | $2.7M | 4.8x | as long as short |
| BloFin BNB-USDT | +0.0190% | 8h | 791.46 | +0.125% | $18.2M | $2.2M | 75x | as long as short |
| 01 Exchange BNBUSD | +0.0232% | 1h | 791.59 | +0.142% | $28K | $4K | 10x | as long as short |
| Kraken Futures PF_BNBUSD | +0.0263% | 1h | 790.94 | +0.060% | $2.5M | $1.2M | 50x | as long as short |
| Deribit BNB_USDC-PERPETUAL | +0.0300% | 1h | 791.61 | +0.144% | $1.5M | $143K | 25x | as long as short |
| Reya BNBRUSDPERP | +0.0327% | 1h | 790.40 | −0.009% | $6K | $3K | 40x | as long as short |
| Bulk BNB-USD | +0.0338% | 1h | 790.78 | +0.039% | $640K | $9K | 10x | as long as short |
| RISEx BNB/USDC | +0.0461% | 1h | 791.36 | +0.112% | $1.1M | $978K | 20x | as long as short |
| Hibachi BNB/USDT-P | +0.0552% | 1h | 791.14 | +0.085% | $68K | $38K | 12x | as long as short |
Binance BNBUSDT
Lighter BNB
Orderly PERP_BNB_USDC
Nado BNB-PERP
Hyperliquid BNB
Pacifica BNB
Bybit BNBUSDT
OKX BNB-USDT-SWAP
Arcus BNB-USD
Gate BNB_USDT
KuCoin BNBUSDTM
Bitget BNBUSDT
Backpack BNB_USDC_PERP
Variational Omni BNB
edgeX BNBUSDC
ApeX Omni BNBUSDT
Polymarket Perps BNB-USD
Derive BNB-PERP
SunX BNB-USDT
SoDEX BNB-USD
HTX BNB-USDT
Paradex BNB-USD-PERP
Extended BNB-USD
Aevo BNB-PERP
Phoenix BNB
dYdX BNB-USD
Kalshi KXBNBPERP
BloFin BNB-USDT
01 Exchange BNBUSD
Kraken Futures PF_BNBUSD
Deribit BNB_USDC-PERPETUAL
Reya BNBRUSDPERP
Bulk BNB-USD
RISEx BNB/USDC
Hibachi BNB/USDT-P