Funding you earn now, next payment 04:00 UTC−0.0514%/8h= −56.3% APRnext payment −$2.57 per $10,000 · paid last 24h −0.099%
Price spread now: GRVT against Binance+0.127%7-day average +0.054% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.266%−$27 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.127%, 7d avg +0.054%
=Together, before fees−0.373%+ Points / potential airdropGRVT: Active · farm board−$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.074% dearer against Binance than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.054%): +$7 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.266% in total) that is about 47 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.57 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 | Binance EDGEUSDT | 0.5947 | 0.0614 | pay 0.0307% / 4h | 3h 43m | $10.1M | $10.1M | 50x |
| Short | GRVT EDGE_USDT_Perp | 0.5955 | 0.0100 | get 0.0050% / 4h | 3h 43m | $5K | $1.9M | 10x |
Binance EDGEUSDT
GRVT EDGE_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
- −$107.98
- Price spread: +0.127% → +0.054%
- $7.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$119.6
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 11 min ago; GRVT: live order book, 5 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 Binance live order book, 11 min ago | 0.84 bp | 27.7 bp −$28 | 217.4 bp −$2,174 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 5 min ago | 5.05 bp | 43.8 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
EDGE on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack EDGE_USDC_PERP | −0.0139% | 1h | 0.5936 | −0.191% | $56K | $101K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5931 | −0.270% | $49K | $14K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5936 | −0.189% | $7.0M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5941 | −0.105% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5939 | −0.138% | $4.8M | $1.0M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5941 | −0.112% | $190K | $127K | — | as long as short |
| GRVT EDGE_USDT_Perpshort | +0.0100% | 4h | 0.5955 | +0.127% | $5K | $1.9M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.5958 | +0.181% | $9K | $290K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5910 | −0.626% | $3K | $613K | 10x | as long as short |
| BloFin EDGE-USDT | +0.0559% | 4h | 0.5954 | +0.114% | $645K | $95K | 50x | as long as short |
Backpack EDGE_USDC_PERP
Lighter EDGE
Bybit EDGEUSDT
KuCoin EDGEUSDTM
Bitget EDGEUSDT
Variational Omni EDGE
ApeX Omni EDGEUSDT
SunX EDGE-USDT
BloFin EDGE-USDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster EDGEUSDT | +0.0590% | 4h | 0.5944 | −0.054% | $68K | $133K | 5x | as long as short |
| OKX EDGE-USDT-SWAP | +0.0601% | 4h | 0.5945 | −0.038% | $3.7M | $5.8M | 20x | as long as short |
| MEXC EDGE_USDT | +0.0614% | 4h | 0.5943 | −0.071% | $1.2M | $912K | 50x | as long as short |
| Binance EDGEUSDTlong | +0.0614% | 4h | 0.5947 | long leg | $10.1M | $10.1M | 50x | |
| Extended EDGE-USD | +0.0616% | 1h | 0.5942 | −0.084% | $27K | $224K | 5x | as long as short |
| edgeX EDGEUSDC | +0.0620% | 4h | 0.5955 | +0.124% | $14.2M | $3.5M | 30x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0778% | 4h | 0.5944 | −0.054% | $3K | — | 10x | as long as short |
Aster EDGEUSDT
OKX EDGE-USDT-SWAP
MEXC EDGE_USDT
Extended EDGE-USD
edgeX EDGEUSDC
Orderly PERP_EDGE_USDC