Funding you earn now, next payment 08:00 UTC+0.0377%/8h= +41.3% APRnext payment +$1.89 per $10,000 · paid last 24h +0.095%
Price spread now: Binance against GRVT−0.248%89s7-day average −0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 7 days+0.181%+$18 · spread now −0.248%, 7d avg −0.047%
=Together, before fees+0.444%+ Points / potential airdropGRVT: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.201% cheaper against GRVT than usual: you would sell low and buy high (spread −0.248% now, against its 7-day average of −0.047%). If the spread goes back, that is −$20 on $10k: about 43 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.263% in total) that is about 5.3 days. The two prices were read 89 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.263% in total (about 13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 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 | GRVT EDGE_USDT_Perp | 0.6010 | 0.0100 | pay 0.0050% / 4h | 1h 04m | $4K | $3.0M | 10x |
| Short | Binance EDGEUSDT | 0.5995 | 0.0477 | get 0.0239% / 4h | 1h 04m | $10.3M | $10.8M | 50x |
GRVT EDGE_USDT_Perp
Binance EDGEUSDTFunding 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
- $79.2
- Price spread: −0.248% → −0.047%
- −$20.06
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $40.14
- Costs to cover
- 0.190%
- Break-even
- 3.5 days
Slippage unknown: GRVT: live order book, 4 min ago; Binance: live order book, 6 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 GRVT live order book, 4 min ago | 2.50 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.83 bp | 30.1 bp −$30 | 170.5 bp −$1,705 | 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 | −0.0229% | 1h | 0.5991 | −0.321% | $57K | $121K | 3.3x | as long as short |
| Lighter EDGE | +0.0096% | 1h | 0.5983 | −0.449% | $44K | $22K | 3x | as long as short |
| Bybit EDGEUSDT | +0.0100% | 4h | 0.5985 | −0.416% | $7.2M | $3.3M | 25x | as long as short |
| KuCoin EDGEUSDTM | +0.0100% | 4h | 0.5997 | −0.216% | $2.1M | $2.2M | 50x | as long as short |
| Bitget EDGEUSDT | +0.0100% | 4h | 0.5998 | −0.200% | $4.8M | $1.1M | 20x | as long as short |
| Variational Omni EDGE | +0.0100% | 4h | 0.5995 | −0.250% | $189K | $144K | — | as long as short |
| GRVT EDGE_USDT_Perplong | +0.0100% | 4h | 0.6010 | long leg | $4K | $3.0M | 10x | |
| ApeX Omni EDGEUSDT | +0.0100% | 1h | 0.6018 | +0.133% | $9K | $295K | 50x | as long as short |
| SunX EDGE-USDT | +0.0100% | 4h | 0.5953 | −0.948% | $3K | $642K | 10x | as long as short |
| Aster EDGEUSDT | +0.0305% | 4h | 0.5996 | −0.237% | $53K | $155K | 5x | 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
Aster EDGEUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX EDGE-USDT-SWAP | +0.0441% | 4h | 0.6002 | −0.133% | $3.8M | $6.1M | 20x | as long as short |
| Binance EDGEUSDTshort | +0.0477% | 4h | 0.5995 | −0.248% | $10.3M | $10.8M | 50x | |
| Extended EDGE-USD | +0.0480% | 1h | 0.5992 | −0.303% | $27K | $83K | 5x | as long as short |
| MEXC EDGE_USDT | +0.0486% | 4h | 0.5993 | −0.283% | $1.1M | $807K | 50x | as long as short |
| edgeX EDGEUSDC | +0.0490% | 4h | 0.6022 | +0.199% | $14.4M | $3.7M | 30x | as long as short |
| BloFin EDGE-USDT | +0.0495% | 4h | 0.6003 | −0.116% | $667K | $107K | 50x | as long as short |
| Orderly PERP_EDGE_USDC | +0.0628% | 4h | 0.5993 | −0.283% | $2K | $1K | 10x | as long as short |
OKX EDGE-USDT-SWAP
Extended EDGE-USD
MEXC EDGE_USDT
edgeX EDGEUSDC
BloFin EDGE-USDT
Orderly PERP_EDGE_USDC