Funding you earn now, next payment 04:00 UTC−0.1030%/8h= −112.8% APRnext payment −$5.15 per $10,000 · paid last 24h −0.130%
Price spread now: Bitget against Binance+0.173%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days−0.777%−$78 on $10k
+Price spread, last 4 days (all we have)−0.012%−$1 · spread now +0.173%, 7d avg +0.014%
=The price spread pays, funding is against you. Bitget is 0.159% dearer against Binance than usual: you sell high and buy low (spread +0.173% now, against its 7-day average of +0.014%): +$16 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.777% in total) that is about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance GRVTUSDT | 0.1922 | 0.1282 | pay 0.0641% / 4h | 3h 44m | $5.2M | $2.7M | 25x |
| Short | Bitget GRVTUSDT | 0.1925 | 0.0252 | get 0.0126% / 4h | 3h 44m | $692K | $534K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$216.35
- Price spread: +0.173% → +0.014%
- $15.89
- Slippage, 4 orders
- −$57.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$280.27
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: live order book, 26 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 Binance live order book, 8 min ago | 2.59 bp | 23.3 bp −$23 | 64.3 bp −$643 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 26 min ago | 3.38 bp | 16.5 bp −$16 | 223.0 bp −$2,230 | doesn't fit | doesn't fit |
GRVT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit GRVTUSDT | +0.0100% | 4h | 0.1924 | +0.136% | $2.8M | $816K | 20x | as long as short |
| OKX GRVT-USDT-SWAP | +0.0100% | 4h | 0.1924 | +0.131% | $2.0M | $1.8M | 20x | as long as short |
| MEXC GRVT_USDT | +0.0100% | 4h | 0.1923 | +0.074% | $3.6M | $131K | 20x | as long as short |
| Variational Omni GRVT | +0.0100% | 4h | 0.1926 | +0.209% | $270K | $17K | — | as long as short |
| edgeX GRVTUSDC | +0.0100% | 4h | 0.1926 | +0.242% | $12K | $282K | 10x | as long as short |
| BloFin GRVT-USDT | +0.0101% | 4h | 0.1925 | +0.183% | $240K | $67K | 20x | as long as short |
| Bitget GRVTUSDTshort | +0.0252% | 4h | 0.1925 | +0.173% | $692K | $534K | 20x | |
| Gate GRVT_USDT | +0.0480% | 4h | 0.1920 | −0.082% | $340K | $54K | 20x | as long as short |
| GRVT GRVT_USDT_Perp | +0.0902% | 4h | 0.1926 | +0.229% | $303K | $191K | 10x | as long as short |
| KuCoin GRVTUSDTM | +0.0972% | 4h | 0.1922 | +0.011% | $235K | $688K | 20x | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX GRVT-USDT | +0.1268% | 4h | 0.1922 | +0.022% | — | $1.6M | — | as long as short |
| Binance GRVTUSDTlong | +0.1282% | 4h | 0.1922 | long leg | $5.2M | $2.7M | 25x | |
| Extended GRVT-USD | +0.1288% | 1h | 0.1921 | −0.013% | $105K | $482K | 5x | as long as short |
| Aster GRVTUSDT | +0.1418% | 4h | 0.1921 | −0.035% | $22K | $31K | 5x | as long as short |
Binance GRVTUSDT
Bitget GRVTUSDT
Bybit GRVTUSDT
OKX GRVT-USDT-SWAP
MEXC GRVT_USDT
Variational Omni GRVT
edgeX GRVTUSDC
BloFin GRVT-USDT
Gate GRVT_USDT
GRVT GRVT_USDT_Perp
KuCoin GRVTUSDTM
BingX GRVT-USDT
Extended GRVT-USD
Aster GRVTUSDT