Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%
Price spread now: Binance against GRVT+0.320%109s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as 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−$770.773% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 3 days (all we have)−0.766%−$77 · spread now +0.320%, 7d avg 0.000%
=Together, before fees−0.867%+ Points / potential airdropGRVT: Active · farm board−$87 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 0.320% dearer against GRVT than usual: you sell high and buy low, +$32 on $10k if it goes back to its 7-day average of 0.000%. The two prices were read 109 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 FIL_USDT_Perp | 0.9778 | 0.0100 | pay 0.0100% / 8h | 2h 37m | $286K | $823K | 10x |
| Short | Binance FILUSDT | 0.9809 | 0.0100 | get 0.0100% / 8h | 2h 37m | $56.1M | $175.9M | 75x |
Funding 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: +0.320% → 0.000%
- $31.98
- Slippage, 4 orders
- −$58.28
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$45.3
- Costs to cover
- 0.773%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 50 min ago; Binance: live order book, 6 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 | 5.12 bp | 41.0 bp −$41 | 91.0 bp −$910 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.51 bp | 5.9 bp −$6 | 8.8 bp −$88 | 54.3 bp −$5,430 | doesn't fit |
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0768% | 1h | 0.9816 | +0.392% | $169K | $23K | 25x | as long as short |
| Kraken Futures PF_FILUSD | −0.0624% | 1h | 0.9811 | +0.336% | $1.4M | $2.2M | 50x | as long as short |
| Lighter FIL | −0.0448% | 1h | 0.9801 | +0.237% | $156K | $332K | 5x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0328% | 1h | 0.9815 | +0.382% | $314K | $1.9M | 50x | as long as short |
| Bybit FILUSDT | −0.0076% | 8h | 0.9816 | +0.392% | $15.5M | $18.0M | 25x | as long as short |
| Bitget FILUSDT | −0.0033% | 8h | 0.9809 | +0.320% | $10.8M | $22.0M | 75x | as long as short |
| Variational Omni FIL | −0.0025% | 8h | 0.9779 | +0.009% | $433K | $276K | — | as long as short |
| Hyperliquid FIL | −0.0020% | 1h | 0.9805 | +0.279% | $8.6M | $9.4M | 5x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9815 | +0.382% | $24K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9814 | +0.374% | $57K | $2K | 10x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX FIL-USDT-SWAP | +0.0013% | 8h | 0.9813 | +0.361% | $18.1M | $96.4M | 50x | as long as short |
| Injective FIL/USDC PERP | +0.0033% | 1h | 0.9751 | −0.273% | $2K | $148K | 12x | as long as short |
| KuCoin FILUSDTM | +0.0038% | 8h | 0.9807 | +0.300% | $7.3M | $7.1M | 50x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9810 | +0.334% | $486K | $514K | 20x | as long as short |
| Binance FILUSDTshort | +0.0100% | 8h | 0.9809 | +0.320% | $56.1M | $175.9M | 75x | |
| Gate FIL_USDT | +0.0100% | 8h | 0.9811 | +0.341% | $7.8M | $16.2M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9802 | +0.249% | $249K | $104K | 50x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9812 | +0.351% | — | $11.8M | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9774 | −0.034% | $45K | $292K | 10x | as long as short |
| GRVT FIL_USDT_Perplong | +0.0100% | 8h | 0.9778 | long leg | $286K | $823K | 10x | |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9770 | −0.079% | $42K | $193K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9819 | +0.428% | $5K | — | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9800 | +0.228% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9809 | +0.320% | $479 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9815 | +0.382% | $619K | $5.7M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9810 | +0.330% | $1.1M | $2.2M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9811 | +0.338% | $682K | $2.3M | 10x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9786 | +0.085% | $2.6M | $623K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0614% / S −0.0849% | 1h | 0.9816 | +0.389% | $208K | — | 100x | as long as short |
GRVT FIL_USDT_Perp
Binance FILUSDT
Deribit FIL_USDC-PERPETUAL
Kraken Futures PF_FILUSD
Lighter FIL
Coinbase International FIL-PERP-INTX
Bybit FILUSDT
Bitget FILUSDT
Variational Omni FIL
Hyperliquid FIL
gTrade (Gains Network) FIL/USD
OKX FIL-USDT-SWAP
Injective FIL/USDC PERP
KuCoin FILUSDTM
Aster FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
BingX FIL-USDT
edgeX FILUSDC
ApeX Omni FILUSDT
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]